M&A Deal Summary

K-Solv Group Acquires Turnkey

On January 4, 2023, K-Solv Group acquired automotive company Turnkey

Acquisition Highlights
  • This is K-Solv Group’s 1st transaction in the Automotive sector.
  • This is K-Solv Group’s 2nd transaction in the United States.
  • This is K-Solv Group’s 2nd transaction in Texas.

M&A Deal Summary

Date 2023-01-04
Target Turnkey
Sector Automotive
Buyer(s) K-Solv Group
Deal Type Add-on Acquisition

Target

Turnkey

Magnolia, Texas, United States
Turnkey Industries is a designer and manufacturer of custom truck bodies, trailers, transporters, and mobile command units. The company has built its reputation on innovation and a commitment to meeting the needs of its customers through the design and production of custom trailers, truck bodies, transporters cabins, and containers. Additional services offered by Turnkey Industries include equipment service, industrial coatings, and conversions. Turnkey Industries is based in Magnolia, Texas.

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Buyer(S) 1

Buyer

K-Solv Group

Houston, Texas, United States

Category Company
Sector Environmental
DESCRIPTION

K-Solv Group provides the most comprehensive environmental solution. Service offerings include K-Solv, a leading provider of chemical distribution and maritime services; Garner, the original emergency disaster response and recovery company providing turn-key emergency response solutions; OMI, a leader in an oil spill and HAZMAT response, industrial services, waste management & disposal, environmental consulting & emergency response training, confined space & standby rescue, and transportation services; and OMI Environmental & Safety Products offering a full line of quality environmental products with outstanding service. K-Solv Group is based in Houston, Texas.


DEAL STATS #
Overall 2 of 2
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Texas M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-21 ECS

Houston, Texas, United States

ECS provides onshore and offshore rentals for the oil & gas industry. ECS provides safe and dependable pressure control for both onshore and offshore wireline projects, as well as hydraulic latch assemblies (HLA). ECS was founded in 2013 and is based in Houston, Texas.

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