LEHR, a Solis Capital Partners portfolio company, has acquired EnviroGard. Financial terms weren’t announced. Charlotte, N.C.-based EnviroGard makes and supplies EPA certified propane fuel systems and engines for use in a variety of industrial applications.
OS ANGELES, Feb. 23, 2015 /PRNewswire/ — LEHR, a Solis Capital Partners (Solis) portfolio company, today announced that it has acquired EnviroGard, a leader in propane fuel system technology for small engines.
Headquartered in Charlotte, North Carolina, EnviroGard manufactures and supplies EPA certified propane fuel systems and engines for use in a variety of industrial applications. EnviroGard’s propane systems provide for maximum engine performance, while reducing fuel costs and harmful emissions. For more than ten years EnviroGard has supplied Original Equipment Manufacturers (OEM’s) with propane systems, utilizing a network of trained and certified dealers to perform aftermarket repowers and conversions of gasoline engines to propane.
“EnviroGard is the perfect strategic fit for LEHR, as it complements our current propane engine technology and expands our footprint from marine into industrial and lawn & garden applications,” said Captain Bernardo Herzer, founder and CEO of LEHR.
“LEHR’s acquisition of EnviroGard strengthens our leadership position in propane engines and fueling systems for industrial applications. I’m extremely excited to be working with LEHR to rapidly expand our clean burning, propane engine technology to both reduce our customers operating costs and support a more healthy and sustainable plane,” said Jeremy Hahne, Vice President of Business Development for EnviroGard.
LEHR is a leading provider of award winning, environmentally friendly, propane-powered products and tools. Dedicated to a cleaner planet through environmentally friendly technology, the LEHR family of products utilizes a patented technology, which ensures that they are the cleanest, greenest and most reliable tools on the market today. For additional information see www.golehr.com.
EnviroGard is a leader in propane fuel system technology for small engines. Headquartered in Charlotte, NC, EnviroGard develops and certifies propane fuel systems to achieve the highest possible performance while dramatically reducing harmful emissions when compared to conventional gasoline engines. For additional information see www.envirogard.com.
Solis Capital Partners is private equity firm specializing in the lower middle-market. Headquartered in Newport Beach, CA, Solis invests in companies with revenues of $15 to $100 million, typically in the service, niche manufacturing, and software sectors. The firm is actively investing through Solis Capital Partners II. For additional information, see www.soliscapital.com.
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