Coltala Holdings Acquires Alsay, Inc. and Launches Coltala Water Holdings

USALCO (H.I.G. Portfolio) Acquires ALTIVIA's Water Treatment Business

September 30, 2021

Manufacturing

USALCO, a portfolio company of H.I.G. Capital, has acquired ALTIVIA’s water treatment chemical business, including ferric and ferrous sulfate production facilities in Houston, Texas. The deal transfers the unit from ALTIVIA as the company focuses on petrochemicals and specialty chemicals, and expands USALCO’s coagulant product offering and Texas footprint.

Coltala Holdings Acquires AeroParts Group to Form Coltala Aerospace

March 5, 2025

Aerospace & Defense

Coltala Holdings has acquired AeroParts Group (APG), a Mansfield, Texas-based aircraft MRO and composite repair services provider, and established Coltala Aerospace. Thornburg Bow River Advisers’ Private Credit team provided financing to support the transaction as Coltala builds a platform to expand aerospace and defense maintenance, repair and precision machining capabilities in the Dallas–Fort Worth region.

USALCO (H.I.G.) Acquires Coagulant Manufacturing Business from Brenntag Southwest

January 18, 2024

Manufacturing

USALCO, an H.I.G. Capital portfolio company, has acquired the coagulant manufacturing business of Brenntag Southwest, Inc., a Houston-based operation. The deal expands USALCO's manufacturing footprint and customer base in Texas and will see production relocated into USALCO's existing regional facilities.

Aldine and Partners Invest in Pond, Robinson & Associates and PlusMedia

November 10, 2022

Professional Services

Aldine Capital Partners announced investments in two U.S. businesses: Dallas-based Pond, Robinson & Associates (PR&A) — with Coltala Holdings and partners including Alta Fox — and Danbury-based PlusMedia — in a Lightview Capital-led financing with participation from Aldine, Harbert and Resolute. Coltala's investment establishes PR&A as a strategic platform to scale its nationwide commercial real-estate engineering and due-diligence services, while the Lightview-led financing will help PlusMedia expand its omnichannel performance marketing capabilities and technology.

USALCO (H.I.G.) Completes Merger with G2O Technologies (Arsenal)

November 2, 2021

Manufacturing

H.I.G. Capital portfolio company USALCO has completed a merger with G2O Technologies, a portfolio company of Arsenal Capital Partners, with Ken Gayer to lead the combined business under the USALCO name. The combination creates one of North America’s leading water treatment chemical producers with an expanded geographic footprint, broader product set and in-house transportation capabilities.

Calvert Street Forms Allclear Underground Solutions and Acquires Rowland, Inc.

July 25, 2022

Infrastructure

Calvert Street Capital Partners has formed a new platform, Allclear Underground Solutions, and acquired Rowland, Inc., a West Central Florida provider of underground water and wastewater infrastructure services. The investment, made in partnership with Rowland's senior management and led operationally by CEO Brian Johnson, positions Allclear to pursue further add-on acquisitions and expand services for municipal and utility customers across Florida and the Southeast.