Hidden Harbor Capital Partners has acquired KT-Grant, a provider of removal services. No financial terms were disclosed. KPMG Corporate Finance LLC served as financial adviser to KT-Grant on the deal.
NEW YORK, Oct. 28, 2019 /PRNewswire/ — Today, KPMG Corporate Finance LLC announced that it was the exclusive financial adviser to KT-Grant, Inc. on its acquisition by Hidden Harbor Capital Partners. The transaction was led by Managing Director Ford R. Phillips of KPMG Corporate Finance LLC’s Industrials practice. KPMG Corporate Finance LLC is part of the global corporate finance practices of KPMG International’s network of independent member firms, named by Refinitiv as the leading global middle market investment banking network by deal volume in 2018.
KT-Grant is an industry leader in providing turnkey refractory, slag, and scale removal services in confined, high-risk environments. KT-Grant’s substantial service fleet is comprised of over 375 pieces of specialty equipment. KT-Grant’s equipment and expert operators are utilized in a wide variety of industries and applications, from civil demolition to cement and lime kilns to ferrous and non-ferrous metal production facilities.
Hidden Harbor Capital Partners is a private equity firm with an operations soul and intense passion for building great companies. Hidden Harbor brings large-scale, private equity experience and resources to the lower middle market with a focus on value-oriented, operationally intense situations.
About KPMG Corporate Finance LLC
KPMG Corporate Finance LLC was recently named Transaction Advisory Firm of the Year by The Global M&A Network, and previously named Investment Bank of the Year by The M&A Advisor. KPMG Corporate Finance LLC provides a broad range of investment banking and advisory services to its domestic and international clients. Our professionals have the experience and depth of knowledge to advise clients on global mergers and acquisitions, sales and divestitures, buyouts, financings, debt restructurings, equity recapitalizations, infrastructure project finance, capital advisory, portfolio solutions, fairness opinions, and other advisory needs.
KPMG Corporate Finance LLC, a Delaware limited liability company, is a member of FINRA and SIPC. KPMG Corporate Finance LLC is a subsidiary of KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
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