M&A Deal Summary

Miller Environmental Services Acquires Belco Industrial Services

On March 8, 2018, Miller Environmental Services acquired construction company Belco Industrial Services from Plexus Capital

Acquisition Highlights
  • This is Miller Environmental Services’ 1st transaction in the Construction sector.
  • This is Miller Environmental Services’ 1st transaction in the United States.
  • This is Miller Environmental Services’ 1st transaction in Louisiana.

M&A Deal Summary

Date 2018-03-08
Target Belco Industrial Services
Sector Construction
Buyer(s) Miller Environmental Services
Sellers(s) Plexus Capital
Deal Type Add-on Acquisition

Target

Belco Industrial Services

Prairieville, Louisiana, United States
Belco Industrial Services LLC is a specialty industrial services company serving the industrial, commercial and governmental market segments.

Search 201,771 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Miller Environmental Services

Deer Park, Texas, United States

Category Company
Founded 1985
Sector Environmental
DESCRIPTION

Miller Environmental Services provides a broad array of industrial cleaning and environmental services within the downstream, midstream, and upstream hydrocarbon processing markets. Miller Environmental Services was established in 1985 and is based in Corpus Christi, Texas.


DEAL STATS #
Overall 1 of 1
Sector (Construction) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Louisiana) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1

Seller(S) 1

SELLER

Plexus Capital

Charlotte, North Carolina, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1995
PE ASSETS 2.2B USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Plexus Capital is a private equity firm that invests in buyouts, acquisitions, recapitalizations and growth financings in the form of junior and/or equity capital. Plexus focuses on lower middle-market businesses located in the Mid-Atlantic and Southeast areas of the US. The Firm looks for businesses companies in the business services, consumer services, manufacturing, value-added distribution, and healthcare sectors with up to $2 to $15 million of cash-flow. Plexus Capital was formed in 1995 and is based in Charlotte, North Carolina.


DEAL STATS #
Overall 26 of 41
Sector (Construction) 2 of 2
Type (Add-on Acquisition) 15 of 23
State (Louisiana) 2 of 3
Country (United States) 26 of 41
Year (2018) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-12 Parker School Uniforms

Houston, Texas, United States

Parker School Uniforms LLC is a provider of premium school uniforms to private and charter schools across the Sunbelt region of the United States including Texas, California, Oklahoma, Kansas, Alabama, Mississippi, Georgia, Tennessee, and Kentucky. Parker School Uniforms was founded in 1931 and is based in Houston, Texas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-13 Freight Force

Anaheim, California, United States

Freight Force, Inc. is a one-stop destination for nationwide cartage needs serving air freight forwarders, logistics providers, and other expedited freight companies. Freight Force specializes in first mile and last mile transportation services, facilitating the original pickup or the final delivery of international freight. Freight Force maintains partnerships with local and regional motor carriers in 52 metro areas and serves as a one-stop source for access to reliable, high quality, and specialized capacity across the entire United States.

Sell -