Pro-Vac Completes Acquisition of Vac-One
Puyallup, Washington – November 1, 2022 – Pro-Vac, a leading provider of essential subsurface infrastructure services, announced today that it has acquired Vac-One, a leading provider of hydro excavation services in Texas, Oklahoma, Colorado and New Mexico. The combination significantly enhances and expands Pro-Vac’s scale and geographic reach.
The combination will enable Pro-Vac to rapidly expand its subsurface infrastructure service offering across a national footprint. The combination was supported by Gallant Capital Partners (“Gallant”), the majority owner of Pro-Vac, who will continue to invest significant capital into the combined business to further expand Pro-Vac.
“We are incredibly excited to further grow Pro-Vac in combination with Vac-One,” Graham Gill, CEO of Pro-Vac, added. “Enhancing Vac-One’s current service offerings with Pro-Vac’s platform of diversified subsurface infrastructure services will immediately benefit Vac-One’s existing customer base. The ability to leverage the combined platform’s capabilities will provide our customers with the most comprehensive set of infrastructure services in the market.”
“Vac-One represents an opportunity to acquire a scaled foothold in a high-growth region. We look forward to expanding its service offerings and accelerating growth within the infrastructure end market,” said Anthony Guagliano, Partner at Gallant.
Founded in 2002 and headquartered in Puyallup, Washington, Pro-Vac is a leading provider of essential subsurface infrastructure services. The company’s service offerings include hydro excavation, stormwater and sewer systems maintenance, pipeline jetting, pipeline repair / grouting, CCTV pipe inspections, vacuum sweeping and other specialty services. Pro-Vac’s customers include contractors, municipalities, and utility companies. For more information, please visit: www.pro-vac.com
Founded in 2014 and headquartered in Deer Park, Texas, Vac-One is a leading provider of essential subsurface infrastructure services. The company’s service offerings include hydro excavation, air vacuum excavation, and cathodic protection. Vac-One’s customers include contractors, municipalities, industrial, energy and utility companies.
About Gallant Capital Partners
Gallant Capital Partners is a private equity firm that makes control investments in industrial, business services, and technology companies. Gallant executes on an operationally focused investment strategy with a priority on partnering closely with companies that can benefit from its extensive industry relationships and operating expertise. The firm partners with management teams to maximize value and drive long-term, sustainable growth for its portfolio companies. Gallant Capital Partners was founded in 2018 and is headquartered in Los Angeles.