Clavis Capital Partners has closed its investment in Alliance Tank Service LLC. Financial terms weren’t announced. Yale, Oklahoma-based Alliance Tank makes, fabricates, installs, repairs and services storage tanks ranging in size from 1,000 to 500,000 barrels.
Clavis Capital Partners, a Dallas based private equity firm, is pleased to announce the completion of a strategic investment in Alliance Tank Service, LLC, (“ATS”) the leading provider of Above Ground Storage Tank products, services and solutions to the Agriculture, Asphalt, Industrial and Petroleum industries. (www.alliancetankservice.com).
Founded in 2008, ATS manufacturers, fabricates, installs, repairs and services a wide range of shop manufactured and field erected Above Ground Storage Tanks ranging in size from 1,000 to 500,000 barrels. The company serves a nationwide customer base across the Agriculture, Asphalt, Industrial and Petroleum industries. Since its founding, ATS has constructed over 200 large scale projects across 20 states. With an unmatched reputation for integrity, quality products, and superior customer service, ATS is the leading supplier of storage solutions in the United States
Clavis Capital Partners identified Alliance Tank Service as a unique, highly diversified niche manufacturing company with an excellent reputation and a specific competitive advantage in its industry. The Company has experienced rapid growth over the last several years and was looking for an operationally oriented capital partner to help them reach the next stage in their development when they discovered Clavis. Clavis professionals partnered with the existing management team to structure a mutually beneficial transaction designed to enhance the company’s growth prospects. This investment will allow the company to double its manufacturing capacity, add additional staff, open up new office locations and accelerate its service offerings.
About Clavis Capital
Clavis is an operationally focused Private Equity firm that invests in growing industrial companies striving to reach their full potential. Clavis professionals and advisors are experienced operators – not financial engineers – who are passionate about building sustainable, competitive and successful businesses. Each of our principals and advisors have significant, direct experience in successfully running and managing businesses across a range of industrial and service sectors.www.claviscp.com