Announced
Completed
Synopsis
Investment companies Tecum Capital Partners, Rising Point Capital and UMB Capital completed the investment in Conco Services, a provider of low-pressure, mechanical heat exchanger tube cleaning and non-destructive testing services. Financial terms were not disclosed. "We are excited to partner with Tecum, UMB, and the Saxon-Godish family on the investment in Conco. Over its almost 100-year history, including almost 50 years owned and operated by the Saxon-Godish family, Conco has established a reputation for safe, high quality, cost-effective and differentiated service. We look forward to continuing this legacy while also capitalizing on opportunities to enhance the growth of the Company," Michael Drai, RPC Managing Partner.
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