Gallant Capital Partners Completes Acquisition of Pro-Vac
LOS ANGELES–(BUSINESS WIRE)–Gallant Capital Partners (“Gallant”), a Los Angeles-based investment firm, announced today that it has acquired Pro-Vac, a leading provider of subsurface infrastructure services in the Pacific Northwest. The company provides a comprehensive suite of essential infrastructure services, including hydro excavation, stormwater and sewer systems maintenance, pipeline jetting, pipeline repair / grouting, CCTV pipe inspections, vacuum sweeping and other specialty services.
“Pro-Vac represents an opportunity to partner with an outstanding management team with a proven track record of driving growth,” said Anthony Guagliano, Partner at Gallant. “We are very impressed with the business that management has built and look forward to supporting the company with our operational resources and flexible capital base to accelerate long-term growth, both organically and through strategic acquisitions.”
“Pro-Vac’s services are clearly differentiated and essential to subsurface infrastructure within the Pacific Northwest region,” added Jon Gimbel, Partner at Gallant. “We see enormous opportunity to leverage their industry-leading offering to accelerate revenue growth. We also see significant opportunity to invest back into the business to further expand the company’s services and capabilities to even better serve its customers.”
“We are incredibly excited to further grow Pro-Vac with the support of Gallant,” Graham Gill, CEO of Pro-Vac, added. “Gallant’s collaborative approach, deep operational experience, and capital to fuel more investment in our people, equipment and services will allow us to better serve our customers’ evolving needs. The whole team at Pro-Vac is very excited about the future and the incredible opportunities that lie ahead for the company.”
About Pro-Vac
Founded in 2002 and headquartered in Puyallup, Washington, 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, municipalities, and utility companies. For more information, please visit: www.pro-vac.com
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
Contacts
Jamie Kim, Jkim@gallantcapital.com
