Pro-Vac Acquires Hydromax

Gallant Capital Partners Acquires Pro-Vac from RLJ Equity Partners

April 6, 2022

Industrial Services

Gallant Capital Partners has acquired Pro-Vac, a Puyallup, Washington–based provider of subsurface infrastructure services, from RLJ Equity Partners. Gallant said it will invest in the business to expand services, equipment and pursue organic growth and strategic acquisitions to accelerate revenue and geographic reach.

Pro-Vac Acquires Vac-One

November 8, 2022

Environmental Services

Pro-Vac, a Gallant Capital Partners–backed subsurface infrastructure services platform, has acquired Vac-One, a regional hydro-excavation and vacuum services provider headquartered in Deer Park, Texas. The deal, in which Vac-One was sold by funds managed by Oaktree Capital Management, expands Pro-Vac's geographic footprint across the U.S. Gulf Coast and broadens its service capabilities in utility, municipal and energy end markets.

Pro-Vac Acquires Kinetic

May 24, 2024

Industrial Services

Pro-Vac, a subsurface infrastructure services platform majority-owned by Gallant Capital Partners, has acquired Kinetic, a hydro excavation and industrial cleaning services provider headquartered in Milliken, Colorado. The add-on expands Pro-Vac's geographic footprint into the Rocky Mountain region and the DMV (Virginia) and enhances its fleet and service capabilities.

Industrial Growth Partners Acquires Hydromax USA, LLC

December 30, 2020

Industrial Services

Industrial Growth Partners V, L.P., in partnership with Hydromax USA management, acquired Hydromax USA, LLC from Warren Equity Partners. The private equity-controlled platform investment positions Hydromax to accelerate growth across its outsourced infrastructure services for gas, water and wastewater utilities through strategic and operational support from IGP.

AQUALIS (DFW Capital-backed) Acquires Innovative Vacuum Services (Innovac)

July 8, 2020

Environmental Services

AQUALIS, a portfolio company of DFW Capital Partners, has acquired the assets of Innovative Vacuum Services (Innovac), a Pacific Northwest stormwater and emergency response provider. The add-on expands AQUALIS' vactor/jetting, CCTV inspection and commercial HVAC duct-cleaning capabilities and strengthens its geographic presence in the Pacific Northwest.

Pillsman Partners and Peninsula Capital Recapitalize PowerVac of Michigan (PVM)

August 30, 2019

Industrial Services

Greenwich-based Pillsman Partners and Detroit-based Peninsula Capital Partners completed a majority recapitalization of PowerVac of Michigan (PVM), a Novi, Michigan provider of hydro-excavation, jet/vac, sewer inspection, plumbing, electrical and facilities maintenance services. The transaction, which included participation from PVM management and provided partial founder liquidity, will fund organic growth and targeted acquisitions to expand the company's service footprint.