Apex Companies, LLC, a water resources, environmental services, and industrial hygiene firm announced today its acquisition by Sentinel Capital Partners (“Sentinel”), a private equity firm that invests in promising companies in the lower midmarket.
Apex offers comprehensive professional and field services to assess, prevent and cure environmental issues related to water, ground, facilities and air quality. The Company serves a large and diverse client base, spanning public and private sectors and a broad range of end markets, including energy, retail, real estate, telecom, manufacturing and industrial. Apex’s client-centric operating model, nationwide presence and industry reputation as a leader in environmental compliance and risk management is the foundation of its impressive blue-chip client base and 30-year history.
“Partnering with Sentinel provides us a tremendous opportunity to accelerate our growth, while preserving the agility and flexibility that is so highly valued by our clients and employees,” said David Fabianski, Apex President and CEO. “Our management team and staff are thrilled to be aligned with the team at Sentinel.”
“Apex is a leading growth platform in the highly attractive environmental services market,” said Michael Fabian, a Sentinel Partner. “With a highly capable, passionate management team and a dedicated team of employees, we believe Apex is well-positioned to continue its history of growth, both organically and through acquisition. We are extremely excited about the opportunity to partner with the Apex team.”
Houlihan Lokey served as financial advisor to Apex on the transaction.
About Sentinel Capital Partners
Sentinel specializes in buying and building businesses in the lower midmarket in the United States and Canada in partnership with management. Sentinel targets aerospace and defense, business services, consumer, distribution, food and restaurants, franchising, healthcare, and industrial businesses. Sentinel invests in management buyouts, recapitalizations, corporate divestitures, and going-private transactions of established businesses with EBITDA of up to $65 million. Sentinel also invests in special situations, including balance sheet restructurings and operational turnarounds. For more information about Sentinel, visit www.sentinelpartners.com.