Trinity Hunt Partners has acquired Miller Environmental Services, a Texas-based provider of industrial cleaning and environmental services. No financial terms were disclosed.
DALLAS–(BUSINESS WIRE)–Trinity Hunt Partners (THP), a Dallas-based private equity firm, announced the recent acquisition of Miller Environmental Services (Miller), a Texas-based company that offers a broad array of industrial cleaning and environmental services. Trinity Hunt has partnered with Founder and Chief Executive Officer Charles Miller and his management team to recapitalize the business and position it for future growth.
“We are excited to partner with Charles Miller and the exceptional management team at Miller Environmental,” said Dan Dross, Managing Partner of Trinity Hunt. “With a strong culture of safety, proprietary technology-enhanced equipment, and experienced operations personnel, Miller is a premier provider of industrial cleaning and environmental services in the Gulf Coast marketplace.”
Founded in 1985, Miller has a proven history of providing exceptional service and reliability to its customers along the Gulf Coast. Because of its broad service offering and strong safety track record, the company has earned a reputation as one of the preeminent regional industrial service providers in the industry. The company operates within the downstream, midstream, and upstream hydrocarbon processing markets, servicing its customer base through six strategically located operations centers in Corpus Christi, Texas (headquarters); Houston, Texas; Beaumont, Texas; Catarina, Texas (Eagle Ford); Three Rivers, Texas (Eagle Ford); and Sulphur, Louisiana.
“The Trinity Hunt team will serve as a valued partner in our continued growth,” said Charles Miller, who will remain Chief Executive Officer and a shareholder. “Their proven approach to growing businesses and significant resources will enable us to expand Miller’s reach and market share along the Gulf Coast.”
With more than 400 employees, Miller offers a comprehensive array of services, including vacuum truck services, tank cleaning, chemical cleaning, vapor control, hydroblasting, waste management, hydro-excavation, and other related services. The company also has extensive experience in the environmental spill response industry.
“Our partnership with Miller presents a tremendous opportunity for Trinity Hunt and our investors to capitalize on a strong company that plays a critical role in an industry and region forecasted for significant growth,” added Dross. “With the expected expansion of downstream capacity, Miller is poised to become the leading industrial cleaning and environmental services company in the Gulf Coast region.”
Trinity Hunt Partners typically invests in established companies that are valued between $15 million and $150 million, where additional capital and operating resources can accelerate growth. The firm considers investment opportunities across a diverse range of industries, including industrial products and services, health care services and business services.
About Trinity Hunt Partners
Trinity Hunt Partners is a Dallas-based, regionally focused private equity firm specializing in leveraged acquisitions, recapitalizations and late-stage growth financings of established middle-market companies with enterprise values between $15 million and $150 million in the industrial products and services, health care services and business services industries. For more information on Trinity Hunt Partners, visit www.trinityhunt.com.