KLH Capital Recapitalizes Shenandoah Industrial Solutions
February 1, 2019
KLH Capital partnered with the management team of Shenandoah Industrial Solutions to complete a recapitalization of the Florida-based provider of storm drainage inspection, cleaning and CIPP (cured-in-place pipe) rehabilitation. The transaction was financed with support from Plexus Capital Partners and Valley National Bank, and certain members of Shenandoah's management rolled equity and remain shareholders to support the company’s growth and expansion.
- Buyers
- KLH Capital
- Targets
- Shenandoah Industrial Solutions, LLC
- Industry
- Industrial Services
- Location
- Florida, United States
- Transaction Type
- Recapitalization
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