Pavement Maintenance Group has been acquired by Renovo Capital
LKCM Headwater Investments has sold Pavement Maintenance Group (PMG), one of its portfolio companies, to Renovo Capital.
PMG provides comprehensive solutions for the aftermarket repair, maintenance and enhancement of pavement and other specialty surfaces. The company manufactures and distributes sealcoat, crack sealant, pavement markings and traffic management products as well as related equipment, tools and accessories via a unique one-stop shop model. PMG’s business includes franchise locations for SealMaster, the leading pavement maintenance solutions brand in the USA, together with selected proprietary solutions.
Renovo Capital is a Dallas, Texas-based middle market private equity firm focused on control investments in technical businesses that have the potential to generate meaningful value through operational improvements and strategic initiatives.
LKCM is a subsidiary of Luther King Capital Management, a Fort Worth, Texas-based investment firm with over US$27 billion in assets under management. The company has a long history of successfully scaling value-added distributors and other middle market platforms.
Oaklins TM Capital in the USA served as the exclusive financial advisor to PMG, a portfolio company of LKCM.
Prata med transaktionsteamet
Relaterade affärer
VINCI Energies has acquired RH Marine and Bakker Sliedrecht
RH Marine and Bakker Sliedrecht have been acquired by VINCI Energies. With this transaction, VINCI Energies will gain market position in the Dutch maritime sector and strengthen its industrial portfolio.
Lär dig merJeco Energies has sold a significant minority interest to NPM Capital
NPM Capital has acquired a significant minority interest in Jeco Energies. By teaming up with NPM Capital, Jeco Energies is ready for the next step in its remarkable growth trajectory and strengthening its position as the leading industrial energy solutions provider.
Lär dig merPiLON has been acquired by United Living Group
United Living Group has acquired PiLON, the property services business operating in the social housing sector. This transaction combines PiLON’s expertise in social housing maintenance and people-focused approach with United Living Group’s extensive resources and industry network. PiLON is now well-positioned to explore new avenues for innovation, expand its service capabilities and deliver even greater value to its clients and communities.
Lär dig mer