Warren Equity Partners Acquires Majority Stake in Magnolia River

Magnolia River Acquires Heath and Associates, Inc.

April 30, 2024

Energy

Magnolia River Services Inc. has acquired the assets and operations of Heath and Associates, Inc., a Shelby, North Carolina-based engineering and utility consulting firm serving municipal and cooperative natural gas systems. The deal brings Heath leadership into Magnolia River’s engineering organization and strengthens Magnolia River’s commitment and capabilities in the municipal natural gas market.

Oaktree Capital Invests Majority Growth Capital in Magnolia Wash Holdings

July 25, 2023

Automotive

Magnolia Wash Holdings, a Charlotte-based operator of express car washes (operating 93 locations with 25 more under construction), has received a growth capital investment from funds managed by Oaktree Capital Management, which acquired a majority ownership position. A&M Capital Opportunities Fund (AMCO) will retain a material minority stake; the capital will support Magnolia's continued expansion and membership-driven growth.

Magnolia River Acquires INTEGRI-TEK

July 18, 2023

Energy

Magnolia River Services, a Warren Equity Partners–owned provider of pipeline and geospatial solutions, has acquired the assets and operations of INTEGRI-TEK. The deal adds GIS consulting, business intelligence, data management, and pipeline asset knowledge-management capabilities focused on midstream gas/liquids, renewables (including carbon capture), and the energy transition to Magnolia River's existing engineering, inspection and software services.

Magnolia River Acquires Storti Quality Services

January 24, 2022

Industrial Services

Magnolia River, a Decatur, Alabama–based provider of infrastructure inspection, engineering, GIS, and technology solutions, has acquired Storti Quality Services (SQS), a Fort Washington, Pennsylvania–based provider of gas service line inspection, gas leak detection, pipeline inspection, QA, and related consulting services. The acquisition expands Magnolia River's geographic reach into the Northeast and adds in‑facility gas service line inspection and electrical distribution inspection capabilities to its service offering.

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.

Warren Equity Partners Acquires Majority Interest in M&D Distributors

January 8, 2019

Industrial Services

Warren Equity Partners acquired a majority interest in Magneto & Diesel Injector Service, Inc. (“M&D Distributors”) from the Ingram family, who rolled a portion of their equity and will remain involved on the board. M&D, based in Humble, Texas, is an aftermarket distributor and rebuilder of diesel engine parts serving commercial trucking and industrial equipment markets; Warren Equity will support the company’s next phase of growth. Financial terms were not disclosed.