Add-on Acquisition • Construction

OWL Services Acquires Dark Horse Enterprises

On December 1, 2023, OWL Services acquired construction company Dark Horse Enterprises

Acquisition Context

This is OWL Services’ 1st transaction in the Construction sector.
This is OWL Services’ 2nd transaction in the United States.
This is OWL Services’ 1st transaction in Maryland.

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M&A Deal Summary
Date	December 1, 2023
Target	Dark Horse Enterprises
Sector	Construction
Buyer(s)	OWL Services
Deal Type	Add-on Acquisition

Target Company

Dark Horse Enterprises

Pasadena, Maryland, United States

Dark Horse Enterprises is specializes in the construction and service of fuel systems, including above and below ground storage tank installations. Dark Horse Enterprises was founded in 2014 and is based in Pasadena, Maryland.

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Buyer Overview 1

Buyer

OWL Services

Troy, Michigan, United States

Category	Company
Founded	1946
Sector	Business Services
Employees	2,000

DESCRIPTION

OWL Services is an end-to-end equipment distributor and provider of installation, testing, inspection, maintenance, and repair services to fuel infrastructure and other customers across the Midwest. Oscar W. Larson Co. was founded in 1946 and headquartered in Troy, Michigan.

Deal Context for Buyer	#
Overall	2 of 2
Sector: Construction	1 of 1
Type: Add-on Acquisition	2 of 2
State: Maryland	1 of 1
Country: United States	2 of 2
Year: 2023	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2022-01-10	CBE Montgomery, Alabama, United States CBE specializes in remote and on-premise large-scale technology deployments, long-term managed service, and repair & maintenance of nearly any type of in-store hardware and software technology, including loss prevention technology, point of sale systems, and network solutions. CBE is based in Montgomery, Alabama.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2022-01-10

CBE

Montgomery, Alabama, United States

CBE specializes in remote and on-premise large-scale technology deployments, long-term managed service, and repair & maintenance of nearly any type of in-store hardware and software technology, including loss prevention technology, point of sale systems, and network solutions. CBE is based in Montgomery, Alabama.

Buy

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