CenterOak Partners Completes Majority Recapitalization of GNAP

CenterOak Partners Completes Majority Recapitalization of Guardian Access Solutions

September 13, 2023

Industrial Services

Dallas-based private equity firm CenterOak Partners completed a majority recapitalization of Guardian Access Solutions, a Nashville-headquartered provider of design, installation, maintenance, and repair services for exterior access control systems across the Southeastern U.S. The transaction transfers majority ownership from Brixey & Meyer Capital to CenterOak, with Guardian's management team remaining in place and plans to pursue accelerated organic growth and add-on acquisitions to expand the company's service footprint.

CenterOak Partners Majority Recapitalizes HK Solutions Group

July 14, 2021

Environmental Services

CenterOak Partners completed a majority recapitalization of HK Solutions Group, a Des Moines-based provider of water and wastewater infrastructure inspection, cleaning, repair and industrial services in the U.S. Midwest. The HK Solutions management team, led by CEO Wade Anderson, will remain in place as CenterOak plans to grow the business organically and via add-on acquisitions to expand service capabilities and market presence.

Nautic Partners Acquires SurfacePrep from CenterOak Partners

February 23, 2024

Industrial Services

Nautic Partners has completed the acquisition of SurfacePrep, a Grand Rapids, Michigan-based distributor of surface enhancement solutions, in partnership with SurfacePrep management. The deal, which was an exit for CenterOak Partners, will see Nautic leverage its industrial distribution experience to accelerate SurfacePrep's growth; terms were not disclosed.

CenterOak-Backed SurfacePrep Acquires Temple Associates (Sacramento)

May 1, 2020

Industrial Services

CenterOak Partners announced the formation of SurfacePrep by combining its legacy GNAP investment with ten strategic acquisitions, including the acquisition of Temple Associates, a Sacramento-based distributor of loose abrasives and blast equipment. The deal is an add-on to the SurfacePrep platform to expand its geographic footprint and broaden surface-enhancement distribution and service capabilities across North America.

CenterOak Partners Majority Recapitalizes Palmetto Exterminators

October 6, 2022

Environmental Services

CenterOak Partners completed a majority recapitalization of Palmetto Exterminators, with the selling family retaining an equity stake and the incumbent senior management remaining in place. Palmetto, headquartered in Charleston, South Carolina, operates eight branches providing general pest, termite and mosquito control to residential and commercial customers across the Carolinas and Georgia; CenterOak intends to support the company's organic growth and roll-up strategy through add-on acquisitions.

Century Park Capital Partners Recapitalizes NCP Coatings

January 14, 2022

Manufacturing

Century Park Capital Partners has recapitalized NCP Coatings, a specialty performance coatings manufacturer headquartered in Niles, Michigan. The transaction transfers ownership from the third-generation Hannewyk family to Century Park, which plans to support NCP's growth through add-on acquisitions and operational investment as part of its specialty chemicals platform.