trending Market Intelligence /marketintelligence/en/news-insights/trending/m4dGtuEy2HFJ7EyYP2Dfyw2 content esgSubNav
In This List

RLJ Equity Partners buys out Olson Brothers Pro-Vac


Banking Essentials Newsletter: September Edition, Part - 2


S&P Capital IQ Pro | Unrivaled Sector Coverage


S&P Capital IQ Pro | Powering Your Edge


Street Talk Episode 81: Amid strong recovery, Banc of California hearing more M&A chatter

RLJ Equity Partners buys out Olson Brothers Pro-Vac

Middle-market private equity firm RLJ Equity Partners LLC purchased Olson Brothers Pro-Vac LLC for an undisclosed sum.

Pro-Vac's majority owners before the RLJ buyout were private equity firms Peninsula Capital Partners LLC and Silver Peak Partners, along with key members of the Puyallup, Wash.-based company's management team.

Pro-Vac provides hydroexcavation, storm and sewer maintenance, pipe/line jetting, industrial vacuum cleaning and other specialty services to the infrastructure, municipal and environmental markets in the Pacific Northwest.

Brown Gibbons Lang & Co. was Pro-Vac's exclusive financial adviser in the deal.