Announced
Completed
Financials
Tags
land reclamation
Private Equity
Acquisition
Specialty Contracting
United States
erosion solutions
Private
Completed
Majority
Friendly
Single Bidder
Synopsis
Ancor Capital Partners, a Dallas-based private equity firm, completed the acquisition of LSC Environmental Products, which manufactures and provides products and equipment for catering the environmental challenges of erosion, odor, land reclamation, waste cover, seeding, and dust, from L2 Capital, a private equity firm. Financial terms were not disclosed. “This successful exit exemplifies how L2 Capital works with portfolio companies. Over the course of our investment, L2 recruited a new CEO and CFO, worked with management to craft a broader go-to-market strategy, and completed a synergistic add-on acquisition. We are very proud of what we and the team have accomplished. All this was achieved while ensuring that the team and the Company had the resources and investment required. We always knew LSC’s products delivered best in class performance; the LSC team built upon that foundation to lead the Company to its current level. We are confident in their continued success,” Bob Levine, L2 Managing Partner.
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