Skowhegan, Maine | ACV Enviro, a portfolio company of Kinderhook Industries, LLC (Kinderhook), today announced that they have acquired Walker Industrial Services, Inc. (Walker) a 26-year old industrial services provider in the Northeast. Walker offers various industrial services to the New England area including; hydroblasting, sandblasting/surface preparation, sodium bicarbonate blasting, industrial vacuuming, liquid ring vacuuming, sewer pipe and catch basin cleaning, pipeline video inspection, pigging and pipe testing, and high volume sludge pumping. Walker’s Skowhegan location will operate as an ACV Enviro Service Center, allowing ACV Enviro to expand its operations and broaden its current Maine market share. Specific terms of the transaction were not disclosed.
“Our acquisition of Walker Industrial Services complements our strategy of building a stronger presence and foothold in the region. We feel we can now offer expanded services to Walker’s existing customer base providing multiple environmental solutions,” said Andy Shackett, Chief Operating Officer of ACV Enviro.
ACV Enviro intends to integrate the operations of Walker into its Northeast Region which includes existing operations in Massachusetts and Maine. ACV Enviro’s Northeast Region is managed by Steve Ganley (Regional General Manager) and Dean Crosby (General Manager- Maine Operations). Walker’s daily operations and project management will remain unchanged. Jeff Chase, Operations Manager for Walker, will continue to play an instrumental role in managing customer relationships. This acquisition will give Walker customers and employees peace of mind knowing the same services that they have come to expect will continue as well as the benefit of the additional services that ACV Enviro can provide.
ABOUT ACV ENVIRO
ACV Enviro is the combined strength of Clean Venture, Cycle Chem, and Allstate Power Vac. ACV Enviro is a fully integrated environmental service and waste management organization with offices throughout the Northeast and Midwest. ACV Enviro employs approximately 800 people and generates revenues of about $200 million. ACV Enviro manages permitted part B treatment, disposal and recycling facilities supported by an extensive line of industrial services including remediation, transportation, industrial cleaning, field services and emergency response. Twenty-four (24) service center locations enhance our ability to respond to environmental needs 24/7 while maintaining customer-focused service. With over 75 years of experience and expertise, ACV Enviro delivers a comprehensive range of fully integrated recycling, treatment, disposal, transportation, emergency response and industrial services options.
For more information: acvenviro.com
ABOUT KINDERHOOK INDUSTRIES
Kinderhook Industries, LLC is a private investment firm that manages over $2.0 billion of committed capital. We have made in excess of 150 investments and follow-on acquisitions since inception. Kinderhook’s investment philosophy is predicated on matching unique, growth-oriented investment opportunities with exceptional financial expertise and our proprietary network of operating partners. Our focus is on middle market businesses with defensible niche market positioning in the healthcare services, environmental / business services and automotive / light manufacturing sectors. We have a track record of successfully and consistently building industry leaders. In addition, Kinderhook is a licensed Small Business Investment Company (SBIC) with the U.S. Small Business Administration.
For more information: please visit: www.kinderhook.com
ABOUT WALKER INDUSTRIAL SERVICES
Walker Industrial Services began in 1991, specializing in vacuum and hydroblasting services. Over the course of 20 years, they have expanded their services to also provide sludge pumping, sand blasting, surface preparation, catch basin cleaning/rodding, and pipeline video inspections. With a fleet of equipment and specialized tools, they are ready to handle scheduled maintenance or emergency situations. Working with small companies, large corporations, or municipalities, they have built a reputation as an innovator by helping customers solve their problems with their integrated services. Walker offers industrial cleaning services throughout New England, 24-hours per day, 7 days per week.
For more information: http://www.walkerindustrialservices.com