Strength Capital Partners Acquires Kelchner, Inc.
May 2, 2023
Strength Capital Partners, a U.S. private investment firm, acquired Kelchner, Inc., a Springboro, Ohio-based excavation and civil construction services provider, from John Wood Group PLC. Strength will partner with CEO Kevin Weckel to pursue organic growth and strategic acquisitions in the Southwest Ohio market; financing for the transaction included First Commonwealth Bank, Northcreek Mezzanine, and Eagle Private Capital.
- Targets
- Kelchner, Inc.
- Sellers
- John Wood Group PLC
- Industry
- Construction
- Location
- Ohio, United States
- Transaction Type
- Buyout
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