M&A Success

ACT Capital Advisors is pleased to announce the acquisition of their client, Nichols Trucking, Inc by a strategic buyer. Nichols Trucking is a general commodity freight company is dedicated to shipping whatever their customers desire – whether it’s a load of candy or steel rebar. Terms of the transaction were not disclosed.

Nichols Trucking was founded in 1951 in Tacoma, Washington by John Nichols. John had pride in choosing drivers who excelled at safety and efficiency. Many Nichols Trucking drivers have been with the company for decades.

ACT’s deal team included Todd Harman, Managing Director and Joey Ravner, Associate. Todd Harman of ACT said, “The bulk of the deal process was done during the Coronavirus outbreak. At ACT, we are signing growing M&A interest in the shipping and trucking industry. We expect to advise many deals in this space in the coming year.”

About Nichols Trucking – Nichols Trucking Company was formed 1951. Nichols primarily operates as a flatbed and truckload van carrier. With headquarters located in the heart of industrial Tacoma, Nichols is in a prime location to continually serve customers throughout Washington and Oregon.

About ACT – ACT Capital Advisors is a premier Mergers & Acquisitions (M&A) firm representing middle-market companies across all industries. ACT has a 30-year history of deal making, closing 200+ transactions and unlocking over $2 billion in wealth. The firm provides strategic M&A advice to closely held, family-owned, and private equity sponsored organizations that wish to sell all or portions of their companies.  Clients choose to work with ACT because of its proven strategic auction process. This process generates simultaneous interest from multiple qualified buyers, resulting in the best possible price and deal structure. For more information see: https://www.actcapitaladvisors.com

ACT Capital Advisors is pleased to announce that its client, SWS Equipment, Inc. (“SWS”), has obtained a growth equity investment from Montlake Capital LLC (“Montlake Capital”) and Cascadia Capital LLC (“Cascadia Capital”). Cascadia and Montlake will partner with the SWS team going forward to drive growth and geographic expansion throughout the Northwest.

About SWS Equipment, Inc.  

SWS is a leading Northwest environmental waste equipment distributor operating in Washington, Oregon, Idaho, and Montana. Founded in 1990 by President Paul Cochran, SWS provides waste, recycling, sewer, sweeper equipment, service, parts, and rentals to customers in Washington, Oregon, Idaho, and Montana. The strategic investment from Montlake and Cascadia provides growth capital that will enable SWS to service the growing needs of its portfolio of OEM partners while expanding its state, municipal, retail, utility, and contractor customer base.

“SWS has grown tremendously from our humble beginnings. We came to a point where we recognized that a larger capital base and experienced operating partners could be a great asset,” said Mr. Cochran. “Mike Vanderslice, Joe Ravner, and the team at ACT Capital Advisors advised and assisted us throughout the process. We achieved all our goals with the Cascadia and Montlake partnership. None of this would have happened without the market knowledge, deep experience, and insight contributed by Mike and his team.”

About ACT Capital Advisors

ACT Capital Advisors is a leading Mergers & Acquisitions (M&A) advisory firm representing middle-market companies across all industries. ACT has a 30-year history of deal-making, closing 200+ transactions, and unlocking over $2.5 billion in wealth for its clients. For more information, visit https://www.actcapitaladvisors.com/

ACT Capital Advisors is pleased to announce the sale of Assured Technology Solutions (ATS) to Savara Holdings, Inc.  ACT acted as the advisor to ATS.

Founded in 2001, ATS is an IT Solutions and Managed Services Provider (MSP) specializing in network infrastructure and desktop support services. The Company’s approach is to partner with its business clients to seek opportunities to drive savings, increase efficiencies, protect their IT investment, and provide scalability in the future. The Company’s services include total backup protection, complete network management, Help Desk, easy predictability, strategy and budgeting/forecasting. ATS has a customer base of over 150 satisfied, long term customers.

ATS is an Authorized Dealer for leading technology firms such as Microsoft, Hewlett-Packard, VMWare, Symantec, Cisco and Eaton.

Keith Fast, ATS’ President said “I am very pleased with finding such a great buyer for ATS in Savara Holdings. Savara will provide a solid platform for ATS to expand its business and pursue new opportunities.”

Raj Savara, President of Savara Holdings, brings 12 years of business ownership and executive level marketing experience.  Mr. Savara said,  “ATS is a solid MSP company positioned for growth. I am excited to lead it to the next level of success.”

Mr. Fast engaged ACT Capital Advisors, in conjunction with Generational Equity, to explore the market in order to prepare a timely exit strategy addressing pre-retirement transition and the next-step growth of the business.

For ACT, the transaction team included Curt Case, Managing Director and Trevor Hill, Associate. The transaction is one of several 2018 IT engagements for the Technology Practice at ACT, led by John Norton.

For more information on ATS, please visit their website at https://www.atsnw.com.

About ACT Capital Advisors
ACT Capital Advisors, LLC is a leading Mergers & Acquisitions (M&A) firm that represents lower-middle-market companies across a variety of sectors and industries, including industrial manufacturing, information technology, construction, healthcare, aerospace, consumer staple/discretionary, oil and energy, as well as outsourced services. The firm provides strategic M&A and financial advice to closely held, family-owned, as well as private equity sponsored organizations and corporate shareholders that wish to sell all or a portion of their company, or conversely, a division, a product line, or a subsidiary of their entity. Leveraging ACT’s deep industry-wide knowledge and strategic auction process, clients appreciate ACT’s approach, pairing the professional expertise of a national investment banking firm with the senior level attention and entrepreneurial creativity of a smaller enterprise. ACT’s technology practice provides guidance for IT Services and Specialized SaaS firms (Fintech, Adtech) who want an optimal exit. For more information, please visit their website at https://www.actcapitaladvisors.com.

ACT Capital Advisors is pleased to announce that its client, The Detection Group, Inc. (“TDG”), was acquired by Watts Water Technologies, Inc. (NYSE: WTS). TDG provides FM Approved wireless leak detection products and notification services for commercial and multifamily buildings.

“We are excited to partner with Watts to build out their connected device strategy,” said Laurie Conner, TDG’s CEO. “Watts’ brand and global reach will enhance our ability to innovate and distribute products to new domestic and international customers.”  

 “We were interested in TDG as another offering to bundle into our overall Smart & Connected suite of products,” said Watts’ President and CEO, Robert Pagano. “Their products are addressing a key pain point for commercial and multifamily building owners, that being rising insurance costs due to water leaks. We welcome the TDG team to Watts.”

ACT’s Robert Hild (Chairman & CEO), Kevin Outcalt (Managing Director), and Michael Seeley (Senior Associate) advised TDG with respect to the transaction.   

About The Detection Group, Inc.
TDG has been protecting buildings from water damage since 2006. The Company’s proven Trident^TM technology is always on, 24/7/365, and is the only wireless water leak detection system to receive coveted FM Approval. More information at https://thedetectiongroup.com/.

About Watts Water Technologies, Inc.
Founded in 1874 and headquartered in North Andover, Massachusetts, Watts is a leading manufacturer of water quality and flow control solutions. Watts Regulator serves plumbing, heating, commercial, and marine end-markets. More information at https://www.watts.com/.

About ACT Capital Advisors
ACT Capital Advisors is a premier Mergers & Acquisitions (M&A) firm representing middle-market companies across all industries. ACT has a 30-year history of deal making, closing 200+ transactions and unlocking over $2.5 billion in wealth for its clients. More information at https://www.actcapitaladvisors.com/.

ACT Capital Advisors, a leading middle market mergers and acquisitions advisor, is pleased to announce the sale of its client, Kids ‘N’ Pets (a brand of Paramount Chemical Specialties, Inc.) to Scott’s Liquid Gold, Inc. The product is sold nationally at leading retailers such as Walmart.

“We could not be more excited about our acquisition of the Kids ‘N’ Pets and Messy Pets brands,” said Mark Goldstein, CEO of Scott’s Liquid Gold, Inc. “Kids ‘N’ Pets brands represent a perfect fit for the Scott’s Liquid Gold family. They are high quality, high value brands which share distribution with Scott’s current product portfolio. Kids ‘N’ Pets also brings a strong history of long-term sales and operational performance for its customers. This investment brings a growing, profitable brand into our household segment, allowing us to continue to progress towards our long-term growth objectives.”

Scott’s acquired both the Kids ‘N’ Pets and Messy Pets line of products for a base price of $5.50M. The purchase price also includes up to $1.5 million of incremental consideration through 2024 if Kids N Pets sales growth exceeds specified sales targets. Scott’s financed the acquisition using its cash on hand and current revolving line of credit.

An overview presentation on the Kids ‘N’ Pets acquisition is posted on the Investor Relations Section of the Company’s website at slginc.com. The transaction closed earlier in October.

ACT’s Chairman, Robert Hild, and Trevor Hill, Associate, represented Paramount in the transaction.

About Kids ‘N’ Pets
Launched in 1989, Kids ‘N’ Pets and Messy Pets are award winning, biodegradable, nontoxic, safe stain and odor removing products targeted toward households with children and pets. The Company currently has 10 SKUs exceptional at cleaning up pet accidents, food stains, drink stains, and bedwetting accidents while being products that parents can feel safe using around their children and pets. Kids ‘N’ Pets’ primary channel of sales is through retail stores such as Walmart and Home Depot, and online on websites such as Amazon and Chewy.

About Scott’s Liquid Gold, Inc.
Scott’s Liquid Gold is an American manufacturing and distribution company with a strong belief that Made in America is something to be proud of. Over the last 65+ years we have developed a reputation for delivering high-quality, innovative products that consumers know and trust.  The Company’s flagship product, Scott’s Liquid Gold® Wood Care, is a leader in its category and is known for bringing life back to and protecting all types of natural wood surfaces.

Scott’s Liquid Gold-Inc. also owns Neoteric Cosmetics, a skin and hair care company with a rich history of offering products that deliver high-quality, proven results that customers expect. Neoteric’s skin and hair care products are embraced and respected by both medical professionals and consumers alike and include brands such as Alpha® Skin Care, Prell®, and Denorex®. Neoteric is also the proud American distributor of 7th Heaven skin care products and the specialty channel distributor for Batiste Dry Shampoo.

About ACT Capital Advisors
ACT Capital Advisors, LLC is a premier Mergers & Acquisitions (M&A) firm representing middle-market companies across a variety of sectors and industries, including industrial manufacturing, information technology, construction, healthcare, aerospace, consumer staple/discretionary, oil and energy, as well as outsourced services. The firm provides strategic M&A and financial advice to closely held, family-owned, as well as private equity sponsored organizations and corporate shareholders that wish to sell all or a portion of their company, or conversely, a division, a product line, or a subsidiary of their entity. Leveraging ACT’s deep industry-wide knowledge and strategic auction process, clients appreciate ACT’s approach, pairing the professional expertise of a national investment banking firm with the senior level attention and entrepreneurial creativity of a smaller enterprise. ACT’s technology practice provides guidance for IT Services and Specialized SaaS firms (Fintech, Adtech) who want an optimal exit. For more information, please visit their website at https://www.actcapitaladvisors.com.

ACT Capital Advisors, a leading middle market mergers and acquisitions advisor, is pleased to announce the acquisition of its client, Medical Rehabilitation Consultants, by MREHAB Holdings, Inc.

About Medical Rehabilitation Consultants
Medical Rehabilitation Consultants, located in Spokane, Washington, provides medical case management and utilization management services. Established in 1987, they originally provided catastrophic and workers’ compensation medical case management services in the Pacific Northwest. Since expanding, they now provide a full range of cost containment and utilization management services throughout the United States. They serve a wide range of customers, including insurance companies, self-insured employers, employee benefits consultants, Taft-Hartley trusts, third party administrators, public self-insured programs, city, county, and state agencies, attorneys, and private individuals for accident & health, disability, liability, and worker’s compensation claims. Their goal is to educate their clients about healthcare to ensure cost efficiency. For more information see: www.medrehabconsultants.com

About ACT Capital Advisors
ACT Capital Advisors, LLC is a premier Mergers & Acquisitions (M&A) firm representing middle-market companies across a variety of sectors and industries, including industrial manufacturing, information technology, construction, healthcare, aerospace, consumer staple/discretionary, oil and energy, as well as outsourced services. The firm provides strategic M&A and financial advice to closely held, family-owned, as well as private equity sponsored organizations and corporate shareholders that wish to sell all or a portion of their company, or conversely, a division, a product line, or a subsidiary of their entity. Leveraging ACT’s deep industry-wide knowledge and strategic auction process, clients appreciate ACT’s approach, pairing the professional expertise of a national investment banking firm with the senior level attention and entrepreneurial creativity of a smaller enterprise. ACT’s technology practice provides guidance for IT Services and Specialized SaaS firms (Fintech, Adtech) who want an optimal exit. For more information see: https://www.actcapitaladvisors.com

ACT Capital Advisors, who represented Eco Chemical, is pleased to announce the acquisition of Eco Chemical of Seattle, WA by U-C Coatings of Buffalo, NY.

“Eco Chemical will allow U-C Coatings to serve customers as a complete provider of wood stains and coatings in both the hardwood and the softwood markets. The acquisitions also bolsters our presence on the West Coast,” said Eric Degenfelder, CEO, U-C Coatings.

The President of Eco Chemicals, Mark Cheirrett, said “The Eco Chemical team is excited to merge with U-C Coatings. We see a great fit between our product lines as well as a common goal of providing customers with the best possible service.”

About Eco Chemicals
Eco Chemical was founded in 1991 and is based in Seattle, Washington. They provide make-to-order waterborne paints, stains, and coatings for industrial markets. Currently, they are the market leader for stains for pressure treated wood products. They are dedicated to developing new technology in paint chemistry, while valuing environmental stewardship when working with paint and coating products. For more information see: www.ecochemical.com

About U-C Coatings
U-C Coatings is a leading manufacturer of specialty end coatings, sealants, and sapstain control chemicals for lumber, logs, and wood building materials. Their products have been used in a wide variety of industries including softwood logging and lumber protection, wood products manufacturing, woodworking, and wood decking. For the past 45 years, they have been committed to their goal of protecting, conserving and enhancing forest resources by providing customers with high quality products that allow them to achieve less waste and offer protection. For more information see: http://uccoatings.com

About ACT Capital Advisors
ACT Capital Advisors, LLC is a premier Mergers & Acquisitions (M&A) firm representing middle-market companies across a variety of sectors and industries, including industrial manufacturing, information technology, construction, healthcare, aerospace, consumer staple/discretionary, oil and energy, as well as outsourced services. The firm provides strategic M&A and financial advice to closely held, family-owned, as well as private equity sponsored organizations and corporate shareholders that wish to sell all or a portion of their company, or conversely, a division, a product line, or a subsidiary of their entity. Leveraging ACT’s deep industry-wide knowledge and strategic auction process, clients appreciate ACT’s approach, pairing the professional expertise of a national investment banking firm with the senior level attention and entrepreneurial creativity of a smaller enterprise. ACT’s technology practice provides guidance for IT Services and Specialized SaaS firms (Fintech, Adtech) who want an optimal exit. For more information see: https://www.actcapitaladvisors.com

Deal type: Acquisition
Target Location: St. George, UT

Closing Date: June 2019
Industry: Business Services,Consumer Products,Services,Industrials,Technology
Buyer Location: Mendota Heights, MN

Originally posted @ ACT on July 16, 2019

ACT Capital Advisors, a leading middle market mergers and acquisitions advisor, is pleased to announce the sale of its client, Chaparral Fire Protection Inc., to A-1 National Fire Co. LLC dba Summit Companies and a member of SFP Holding, Inc. The acquisition closed on June 24, 2019.

Chaparral Fire Protection designs, fabricates, and installs re sprinkler piping systems for commercial and residential structures. The Company also provides inspection services, re extinguishers and miscellaneous re and life safety services for its contractors and other customers. The company is headquartered in Salt Lake City, UT, with an additional oce in St. George, UT. Chaparral is licensed to do business in Utah, Idaho, Nevada, Arizona and Colorado.

SFP Holding, Inc., a holding company based in Mendota Heights, MN, offers a complete package of re and life safety solutions for projects big and small under the Summit Companies brand. Summit Companies is a premier re and life safety company with an expanding national presence in the United States. Any building, large or small, new or old, that requires re protection design, installation, maintenance and monitoring can be handled by Summit Companies. ACT Capital Advisors’ team, led by Managing Director Stephen Spencer and assisted by Dominick Sciola, successfully closed the transaction. “Chaparral Fire Protection has built a stellar reputation in the Intermountain West as the re and life safety company that is known for putting the customer first, being passionate about exceptional value and quality, and ‘if you want the job done right, go to Chaparral’,” said Spencer. “Summit Companies quickly recognized the opportunity to integrate Chaparral’s skill sets and culture into their national platform. We are excited for both the buyer and seller and truly expect a very successful future as together they take the business to the next level of performance on a regional scale.”

Summit Companies’ CEO, Jeff Evrard, added, “We are very excited to welcome the employees and clients of Chaparral Fire Protection to the Summit Companies family. Summit’s national scale and resource base will allow us to quickly expand the service offerings of Chaparral to the next level and provide a one-stop solution to meet all the re and life safety needs of customers in the rapidly growing Intermountain West.”

ACT Capital Advisors is pleased to announce the sale of Smith Electric Service (Smith) to ACCO Engineered Systems (ACCO).  ACT acted as the advisor to Smith.

Smith provides quality subcontract work and specialty general construction services to Central California. The Company strives to provide in house, full spectrum and high-quality service. Smith’s loyal, highly skilled work force, supervised by long-term experienced foremen and superintendents, utilize the team approach in managing the work of multiple trades on each job. In response to the changes in the construction industry over the last three decades, Smith has expanded its services to include 3D coordination, Design Build Services, Green Construction.

“The Central Coast has long been an interest to ACCO,” said Ken Westphal, Chief Growth Officer for ACCO Engineered Systems. “Smith MEP is a perfect addition to our geographic coverage and complements our Northern and Southern California operations.”

This move creates significant added resources and capabilities that will directly benefit customers in the market. By joining ACCO, Smith MEP gains the advantage of ACCO’s significant design, project delivery, and financial resources.

“We are looking forward to what this means for the Smith team,” said Michael Brannon, Smith MEP. “ACCO is a company we have looked up to due to what they have done in the Western U.S., and is an example of how a good company treats their customers and their people. It is a good fit for us culturally and will allow for us to grow the Smith brand.”

ACT’s Chairman, Robert Hild, and Trevor Hill, Associate, represented Smith in the transaction. Mr. Hild said, “It was important to Smith Electric Service to find the best fit in a buyer who would carry on what the Brannon family has built over the decades. I couldn’t imagine a better fit in a buyer than ACCO Engineered Systems.”

For more information on Smith Electric Service, please visit their website at http://www.smith-electric.com.

For more information on ACCO Engineered Systems, please visit their website at https://www.accoes.com.

About ACT – ACT Capital Advisors, LLC is a premier Mergers & Acquisitions (M&A) firm representing lower-middle-market companies across a variety of sectors and industries, including industrial manufacturing, information technology, construction, healthcare, aerospace, consumer staple/discretionary, oil and energy, as well as outsourced services. The firm provides strategic M&A and financial advice to closely held, family-owned, as well as private equity sponsored organizations and corporate shareholders that wish to sell all or a portion of their company, or conversely, a division, a product line, or a subsidiary of their entity. Leveraging ACT’s deep industry-wide knowledge and strategic auction process, clients appreciate ACT’s approach, pairing the professional expertise of a national investment banking firm with the senior level attention and entrepreneurial creativity of a smaller enterprise. ACT’s technology practice provides guidance for IT Services and Specialized SaaS firms (Fintech, Adtech) who want an optimal exit. For more information, please visit their website at https://www.actcapitaladvisors.com

ACT Capital Advisors, a leading mergers and acquisitions firm, is pleased to announce that its client, Advanced Government Services, Inc. (“AGS”) has partnered with ATS Traffic, Ltd. (“ATS Traffic”).

AGS is an award-winning traffic control company based in Tacoma, Washington, that has delivered traffic control and road safety services in Washington and Oregon since 2003. ATS Traffic is Canada’s leading traffic safety provider. This transaction marks ATS Traffic’s first-ever move into the United States, marking a significant milestone in its history. Their long-standing ambition to expand south of the Canadian border, particularly in the Pacific Northwest, has finally become a reality.

The partnership between these two industry leaders will introduce new customized offerings, enhanced service delivery capabilities, and streamlined customer engagement for AGS’s customers in the region.

Arti O’Brien, President of AGS commented: “We’re eager to grow together and forge a reciprocal relationship that will ultimately create exponential growth and deliver a new standard of road safety solutions to the region.” Arti will continue to lead as the President for AGS in the Pacific Northwest.

Matthew Latimer, Managing Director of ACT Capital, lauded the deal: “We are pleased to have been a trusted advisor to AGS throughout this transaction. The partnership of AGS and ATS Traffic combines two best-in-class in traffic control service and technology companies to deliver on customer needs throughout a growing and competitive traffic control and road safety industry.”

ACT Capital Advisors’ deal team consisted of Managing Director Matthew Latimer and Associate Jack Welch.

AGS’s Press Release

About Advanced Government Services, Inc.  
Based in Tacoma, Washington, Advanced Government Services has delivered traffic control and road safety services since 2003. We come to work every day with one goal: “To get people through our work zones safely and efficiently. We’re committed to Working Hard at Playing It Safe.^TM” For more information, visit www.advancedgovernmentservices.com.

About ATS Traffic
Since 1966, ATS Traffic has helped organizations and communities keep workers, motorists, and pedestrians safe on our roads. With 9 locations across Canada and over 15,000 products in its inventory, ATS Traffic designs and implements customized safety solutions for traffic control, On-Street Services, and work zones for specific industries and project scopes. As a 3M™ Authorized Fabricator and Certified Digital Fabricator, ATS Traffic is Canada’s leading sign and barricade manufacturer as well as an award-winning provider of installation services, consulting, procurement and logistics, asset management, ITS solution architecture, and drafting and design services. For more information, visit www.atstraffic.ca.

About ACT Capital Advisors
ACT Capital Advisors is a premier mergers & acquisitions firm representing middle-market companies across all industries. ACT has a 30-year history of deal-making, closing 250+ transactions, and unlocking over $2.0 billion in wealth for its clients. For more information, visit https://www.actcapitaladvisors.com.

ACT Capital Advisors is pleased to announce that its client, Geotech Drilling Services Ltd. (“Geotech”), was acquired by ConeTec Group (“ConeTec”), a Canada-based leader in site characterization services to the mining, renewable energy, infrastructure, power, construction and environmental sectors worldwide.

Headquartered in British Columbia, Canada, Geotech is a premier multi-discipline surface, marine, and underground drilling and testing company providing its clients with safe, efficient, high-quality geotechnical, environmental, and mineral exploration services. It is active in markets throughout North America and has previously completed projects in South America, Africa, and Greenland.

ConeTec and Geotech will combine their diverse range of drilling and testing capabilities to continue providing clients with safe, efficient, high-quality geotechnical, environmental, and mineral exploration services. “We believe we are stronger together,” stated Jamie Sharp, ConeTec Group’s CEO. “Geotech is a first-in-class specialty drilling contractor, and its expertise and innovative solutions will increase ConeTec’s collective capabilities across a broader region. We are excited about teaming up to better serve our clients throughout Canada and the world.”

“Since our inception in 1996, Geotech Drilling has focused on providing industry-leading drilling services and on building a remarkable team. We recognize these same values in ConeTec and are excited to join forces,” said Jody Lambert, Geotech’s President. “Uniting the expertise and capabilities of our two organizations creates expanded opportunities to deliver truly exceptional site characterization services in the Canadian market and beyond.”

ACT Capital Advisors’ deal team consisted of Managing Director Matthew Latimer and Vice President Madison Brown. “This transaction represents a significant milestone in Geotech’s evolution from a small, regional geotechnical driller to a recognized global expert in site characterization services,” stated Latimer. “We are pleased we could assist Geotech, its management, and its owners in taking the next step in their journey. Together, ConeTec and Geotech are positioned to deliver superior services to their global customer base.”

About Geotech Drilling Services
Established in 1996 in British Columbia, Canada, Geotech Drilling Services has built a reputation for excellence through its unwavering commitment to the highest ethical business practices. The Company distinguishes itself by delivering cutting-edge drilling services and utilizing state-of-the-art equipment operated by highly skilled professionals. For more information, visit www.geotechdrilling.com.

About ConeTec Group
ConeTec Group specializes in geotechnical, geoenvironmental, and geophysical site characterization and is a leader in site characterization services to the mining, renewable energy, infrastructure, power, construction, and environmental sectors worldwide. ConeTec Group is a division of Menard Group, a global provider of soil key soil investigation, improvement, and remediation solutions. ConeTec’s team of experts is dedicated to safe, high-quality ground investigations, with full-service resources spanning the globe. For more information, visit www.conetec.com.

About ACT Capital Advisors
ACT Capital Advisors is a premier merger and acquisitions advisory firm representing lower to middle-market companies across all industries. ACT has a 40-year history of dealmaking, during which it has closed over 250+ transactions and unlocked over $2.5 billion in wealth for its clients. For more information, visit https://www.actcapitaladvisors.com.

ACT Capital Advisors, a leading mergers and acquisitions firm, is pleased to announce that its client, Ipsun Solar (“Ipsun”), was acquired by Civic Renewables, a newly established clean energy company backed by GEF Capital, a Washington, D.C.-area private equity firm focused on climate change and pollution mitigation.

The acquisition marks a strategic move for Civic Renewables, which aims to create a national network of local residential solar installers. Ipsun’s expertise in residential and commercial solar installations across Northern Virginia, Washington D.C., and Maryland makes it a valuable addition to Civic Renewables.

ACT Capital Advisors’ deal team included Managing Directors Nick Gunn and Chris Sheppard, and Associate Garrison Glisson.

About Ipsun Solar
Ipsun Solar specializes in residential and commercial solar installations across Northern Virginia, Washington D.C., and Maryland. With a focus on quality, innovation, and customer satisfaction, Ipsun Solar has become a trusted partner for homeowners and businesses seeking to transition to renewable energy solutions. To learn more, visit https://ipsunsolar.com/.

About Civic Renewables
Civic Renewables is a national parent company to a growing network of local clean energy businesses. Founded by a team of accomplished solar veteran leaders, Civic Renewables integrates the efficiencies and resources of a large organization with the commitment to quality and service of community-based businesses. Backed by GEF Capital Partners, Civic Renewables is dedicated to accelerating the clean energy transition by empowering local solar businesses across the United States. To learn more, visit https://www.civicrenewables.com/. 

About ACT Capital Advisors
ACT Capital Advisors is a premier M&A advisory firm representing lower to middle-market companies across all industries. ACT has a 40-year history of deal-making, closing 250+ transactions, and unlocking over $2.5 billion in wealth for its clients. Learn more at https://www.actcapitaladvisors.com/.

ACT Capital Advisors is pleased to announce that its client, Bugle Energy Services (“Bugle”), was acquired by an individual buyer.

Bugle Energy Services, based in Midland, Texas, is a leading provider of oilfield services, specializing in secondary containment, pit lining, temporary/drive-over containment, and concrete restoration coatings. With over 40 years of experience in the oil & gas industry, Bugle Energy Services is renowned for delivering superior quality and service excellence while embracing the latest industry technologies.

ACT Capital Advisors’ deal team included Nick Gunn, Managing Director, and Garrison Glisson, Associate, who provided exceptional advisory services to ensure a successful transaction.

“We are thrilled to have facilitated this transaction and look forward to seeing Bugle Energy Services continue its growth and success under new ownership,” said Gunn.

About Bugle Energy Services
Bugle Energy Services, LLC prides itself on professionalism, integrity, and honesty, providing customized solutions to meet and exceed industry standards. Their commitment to quality and customer satisfaction has made them a trusted partner in environmental protection and oilfield services across Texas. For more information, visit Bugle’s website.

About ACT Capital Advisors
ACT Capital Advisors is a premier mergers & acquisitions firm representing lower to middle-market companies across all industries. ACT has a 40-year history of deal-making, closing 250+ transactions, and unlocking over $2.5 billion in wealth for its clients. For more information, visit ACT Capital Advisors.