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KLH Capital completed the acquisition of Thorpe Specialty Services from Capstreet.

Synopsis

KLH Capital, a private equity firm, completed the acquisition of Thorpe Specialty Services, a maintenance and engineering services and solutions provider in petrochemical and other industrial markets, from Capstreet, a Houston-based lower middle market private equity firm. Financial terms were not disclosed. "We are very excited to partner with James Darnell and the KLH team to springboard Thorpe into the future. Thorpe and KLH share a passion for the privileged role we both play as Trusted Partners; Thorpe as a maintenance planning and solutions expert who our key clients expect to sit at the planning table; and KLH as not only a financial resource, but as experienced business owners and leaders who add value to developing the future of companies in which they invest," Chad Fletcher, Thorpe CEO.

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