Pro-Vac finalizes the acquisition of Kinetic

PUYALLUP, Wash., May 24, 2024–(BUSINESS WIRE)–Pro-Vac, a leading provider of essential underground infrastructure services, today announced that it has acquired Kinetic, a leading provider of hydromining services in the Rocky Mountain region and DMV area. This combination significantly increases and expands the scale and geographic reach of Pro-Vac. The merger was supported by Gallant Capital Partners (“Gallant”), the majority owner of Pro-Vac.

“We are excited to expand Pro-Vac’s domestic presence with new forays into Colorado and Virginia,” added Graham Gill, Pro-Vac CEO. “The addition of Kinetic’s high-quality fleet and well-trained staff, combined with Pro-Vac’s differentiated infrastructure services capabilities, will benefit existing customers of both companies.”

“Pro-Vac continues to provide a strong growth platform, as evidenced by recent acquisitions, including the investment in Kinetic,” said Anthony Guagliano, partner at Gallant. “Gallant will continue to invest significant capital in the combined business to further grow Pro-Vac and further strengthen the suite of services it provides to its customers.”

“Kinetic creates an opportunity to gain significant footholds in two rapidly growing regions. We look forward to expanding our service offerings and accelerating growth in the infrastructure end market,” said Chris Suen, Managing Director at Gallant.

About Pro-Vac

Founded in 2002 and operating in Colorado, Texas, Washington and Virginia, Pro-Vac is a leading provider of essential underground infrastructure services. The company’s service offerings include hydro excavation, stormwater and sewer system maintenance, pipeline cleaning, pipeline repair/grouting, CCTV pipe inspections, vacuum sweeping and other specialized services. Pro-Vac’s clients include contractors, industrial, energy and utility companies. More information can be found at: www.pro-vac.com

About Kinetic

Founded in 2014 and headquartered in Milliken, Colorado, Kinetic Industry is a leading provider of essential subsurface water excavation, industrial cleaning and location services. Kinetic’s clients include contractors, industrial, energy and utility companies.

About Gallant Capital Partners

Gallant Capital Partners is a private equity firm that makes controlling investments in industrial, business services and technology companies. Gallant pursues an operationally focused investment strategy, emphasizing close collaboration with companies that can benefit from his extensive industry relationships and operational expertise. The company works with management teams to maximize value and drive the long-term, sustainable growth of its portfolio companies. Gallant Capital Partners was founded in 2018 and is headquartered in Los Angeles. More information can be found at: www.gallantcapital.com

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