Print Page   |   Sign In   |   Join Now!
Community Search
News & Press: Member News

NORA Member Intergulf Corporation Acquires Lonestar Ecology, LLC

Friday, June 29, 2018  
Posted by: Sabrina Poland
Share |

 

Pasadena, TX – NORA Member Intergulf Corporation, a portfolio company of Kinderhook Industries, LLC recently announced the acquisition of Lonestar Ecology, LLC. Lonestar represents the first add-on acquisition for Intergulf and Kinderhook’s 34th acquisition in the environmental services sector.

 

 Headquartered in LaPorte, Texas, Intergulf provides solutions to its industry partners by specializing in procuring, blending, treating, and processing petroleum, petrochemical products, and waste streams. Strategically located along the Houston Ship Channel, Intergulf is actively involved in the petrochemical community and understands the dynamics involved in this sensitive, highly regulated arena. Intergulf operates in five business segments: waste & recycling, petroleum products, marine services, distillation and transportation.

 

For more information, please visit: www.intergulfcorp.com

 

Headquartered in Pasadena, Texas, Lonestar operates a Centralized Wastewater Treatment plant (“CWT”) and a RCRA Part B Treatment, Storage and Disposal Facility (“TSDF”). The TSDF allows the Company to handle a wide range of hazardous material. Lonestar’s hazardous waste treatment capabilities include wastewater treatment, bulking, compacting and consolidating.

 

“The acquisition of Lonestar complements our strategy of providing our industry partners with a comprehensive suite of environmental services offerings. We can now offer expanded hazardous and non-hazardous environmental services to the Gulf Coast market,” said Brandon Velek, Chief Executive Officer of Intergulf.

 

“We are excited to partner with Kinderhook and Intergulf,” said Will Wilson, President of Lonestar. “We are focused on accelerating growth as a combined company and providing best-in-class service to our customers.”

 

“We look forward to building on the success Lonestar has already achieved,” said Rob Michalik, Managing Director at Kinderhook. “Lonestar represents a highly strategic acquisition for Intergulf as it will expand Intergulf’s wastewater capacity and expand its service capabilities to treat a wider range of hazardous material.”

About Kinderhook Industries

Kinderhook Industries, LLC is a private investment firm that manages over $2.0 billion of committed capital. We have made in excess of 180 investments and follow-on acquisitions since inception. Kinderhook’s investment philosophy is predicated on matching unique, growth-oriented investment opportunities with exceptional financial expertise and our proprietary network of operating partners. Our focus is on middle market businesses with defensible niche market positioning in the healthcare services, environmental / business services and automotive / light manufacturing sectors. We have a track record of successfully and consistently building industry leaders.

 

For more information, please visit: www.kinderhook.com

 


more Calendar

11/13/2019 » 11/16/2019
2019 Conference and Trade Show

Association Management Software Powered by YourMembership  ::  Legal