Porter Hedges Represents Quantum Capital in the Acquisition of Apache Industrial Services
Porter Hedges represented Quantum Capital (Quantum) in the acquisition of Houston-based Apache Industrial Services (Apache) and the simultaneous contribution of Skyway Canada Limited (Skyway), a Quantum portfolio company. The newly formed organization expects to have around $500 million in revenues and more than 4,000 employees.
Apache is a leading provider of multi-craft industrial services to the petrochemical, agricultural chemical, refinery, power generation, offshore energy and general industrial markets. It provides a comprehensive suite of services including scaffolding, coatings and linings, refractory, fireproofing and insulation to critical infrastructure. Skyway Canada is a leading scaffolding and shoring solutions company in Canada.
Quantum is a Toronto headquartered private equity investment firm which makes control investments in emerging and middle market companies across a number of industries.
McMillan LLP acted as Canada counsel for Quantum and Porter Hedges represented Quantum with respect to U.S. law governed matters.
For additional details, see the Apache press release here.