HOUSTON: Apache Industrial Services’ new ownership will enable the multicraft industrial services provider to expand its operations in North America. The transaction includes the sale of Apache to Quantum Capital and a simultaneous merger with Skyway Canada, a portfolio company of Quantum. Apache’s leadership team will continue to lead and grow the newly formed organization, which will have approximately $500 million in revenues and more than 4,000 skilled craftsmen.
“Apache Industrial Services is one of a very short list of companies in its industry that has not only distinguished itself with a strong commitment to its craftsmen and culture but also to building tools that make that culture scalable,” shared Andrew Blott, partner at Quantum Capital. “Their leaders have a clear understanding of how to provide a level of service that is not currently delivered in the industry, and their commitment to performance is recognized across the United States.”
For more information, visit www.Apacheip.com or call (713) 450-9307.