Pro-Vac Completes Acquisition of Hydromax
02 Mayo 2024 - 9:00AM
Business Wire
Pro-Vac, a leading provider of essential subsurface
infrastructure services, announced today that it has acquired
Hydromax, a leading provider of hydro excavation services in South
Texas. The combination significantly enhances and expands Pro-Vac’s
scale and geographic reach.
The combination was supported by Gallant Capital Partners
(“Gallant”), the majority owner of Pro-Vac, who will continue to
invest significant capital into the combined business to further
expand Pro-Vac.
“We are thrilled to further grow Pro-Vac’s presence in Texas,”
Graham Gill, CEO of Pro-Vac, added. “Integrating Hydromax’s high
quality fleet into Pro-Vac’s existing presence in Texas, coupled
with Pro-Vac’s diversified infrastructure services capabilities,
will benefit existing customers of both companies.”
“The acquisition of Hydromax is indicative of Pro-Vac’s strength
as a platform for growth. We look forward to continuing to
accelerate growth within the subsurface infrastructure services
market,” said Anthony Guagliano, Partner at Gallant.
“Pro-Vac has done a phenomenal job of growing its presence in
Texas by delivering a comprehensive suite of services to its
customers,” said Chris Suen, Managing Director at Gallant. “The
acquisition of Hydromax further bolsters Pro-Vac’s capabilities and
cements its position as a leading provider of infrastructure
services in Texas.”
About Pro-Vac
Founded in 2002 with operations across Colorado, Texas,
Washington and Virginia, Pro-Vac is a leading provider of essential
subsurface infrastructure services. The company’s service offerings
include hydro excavation, stormwater and sewer systems maintenance,
pipeline jetting, pipeline repair / grouting, CCTV pipe
inspections, vacuum sweeping and other specialty services.
Pro-Vac’s customers include contractors, industrial, energy and
utility companies. For more information, please visit:
www.pro-vac.com
About Hydromax
Founded in 2018 and headquartered in Corpus Christi, Texas,
Hydromax is a leading provider of essential subsurface
hydroexcavation services. Hydromax’s customers include contractors,
industrial, energy and utility companies in the South Texas
market.
About Gallant Capital Partners
Gallant Capital Partners is a private equity firm that makes
control investments in industrial, business services, and
technology companies. Gallant executes on an operationally focused
investment strategy with a priority on partnering closely with
companies that can benefit from its extensive industry
relationships and operating expertise. The firm partners with
management teams to maximize value and drive long-term, sustainable
growth for its portfolio companies. Gallant Capital Partners was
founded in 2018 and is headquartered in Los Angeles. For more
information, please visit: www.gallantcapital.com
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version on businesswire.com: https://www.businesswire.com/news/home/20240502830849/en/
Media contact information: Jamie Kim, Head of Business
Development, jkim@gallantcapital.com, (310) 770-1588