Investments Within Theme Areas
Theme Area: Infrastructure / Environmental
StormWater Pros is the leading provider of drywell installation and maintenance, hydro-excavation services, CCTV inspection, stormwater infrastructure maintenance and other related services in the Southwest United States. The company was founded after seeing an opportunity to assist property owners and managers take a proactive approach to inspecting and maintaining site drainage infrastructure. StormWater Pros' ability to help capture and hold stormwater in the ground for future use through installation of drywells is an essential service given the scarcity of water resources in the region.
StormWater Pros was founded in 2010 and is headquartered in Mesa, Arizona. It recently expanded operations to the Salt Lake area. Silver Peak, in partnership with the existing Owners/Management Team and True West Capital Partners completed the recapitalization in January 2022.
Theme Area: Medical Device – Niche / Precision Manufacturing
Evergreen Research (“ERI”) is a rapidly growing provider of end-to-end solutions for medical device development, manufacturing, and regulatory approvals. ERI’s services turn a concept into a market-ready product. The Company specializes in electro-mechanical devices and full system solutions often integrated with software.
ERI typically serves as sole-source manufacturer for many of the products it helps to develop for its customers, further solidifying its long-term customer relationships. The Company has over 40 active customers.
The Company was founded in 1988 and is headquartered in Golden, CO. Silver Peak, in partnership with the Owners/Managing Directors, Brush Creek Partners and True West Capital Partners, completed the recapitalization in August 2020.
Theme Area: Infrastructure / Environmental
The Cleaning Guys, LLC dba CG Environmental is an emergency response and hazardous/non-hazardous materials remediation and waste disposal company that currently operates in Texas and Colorado. CG offers a wide range of environmental services, including the following:
Emergency Response: CG offers emergency response on a 24/7/365 basis to address hazardous liquid and materials spills and provides immediate, efficient required clean-up and remediation services.
Field Services: The Company provides industrial facilities and tank cleaning, bio-hazard removal services, soil remediation and liquid waste removal services.
Hazardous / Non-Hazardous Waste Services: CG offers a wide range of disposal and transportation options for hazardous and non-hazardous materials accumulated by its customers. The Company also offers profiling of a customer’s facility-specific waste streams allowing the customer to legally track and dispose of these hazardous and non-hazardous waste materials.
In addition, CG also provides (i) consulting services to corporations to assist them with their design and implementation of spill containment systems and protocols and (ii) training services for first responders. Silver Peak, in partnership with the Founder and CEO, Midwest Mezzanine and Eagle Capital, completed the recapitalization in May 2019.
Theme Area: Niche / Precision Manufacturing / Aerospace & Defense
American Alloy, LLC is a custom manufacturer that produces, finishes and assembles metal and composite parts and components, typically for multinational Original Equipment Manufacturers (OEMs) of industrial machinery and equipment. Services and capabilities include press brake/forming, fabrication, welding, horizontal machining, vertical machining, drilling, rotary laser cutting, sheet laser cutting, sand and bead blasting, painting, powder coating, part and component assembly, and production design consulting. Manufacturing customers include producers of industrial/commercial packaging machinery, IT equipment (server racks), heavy construction and mining equipment, corrugated box manufacturing equipment, aluminum extrusion equipment for automotive parts, and ground servicing equipment for aircraft. American Alloy has also directly manufactured metal components and transportable metal buildings, as a prime contractor for the US Navy. Silver Peak, in partnership with the Founder and CEO and Peninsula Capital, completed the recapitalization in November 2018.
Theme Area: Infrastructure / Environmental
PLM and RME were rebranded as Elite Surface Infrastructure in December 2019.
PLM’s Construction Division offers asphalt milling, grading/subgrade preparation, asphalt paving, site work and concrete services for heavy highway, municipalities and developers. PLM’s Maintenance Division, provides infrared patching, crack seal, sealcoat, paving, concrete services, conventional remove and replace of asphalt and concrete in addition to snow removal for distribution centers. Silver Peak, in partnership with the CEO and Peninsula Capital, completed the recapitalization in January 2018.
Elite Heavy Haul is a privately owned Colorado trucking company, specializing in heavy equipment, construction materials, and oversize/overweight loads. They have landoll trailers designed to load without ramps or docks, are equipped with heavy duty winches for recoveries, and haul for all of the major rental/equipment companies in Colorado and many of their customers.
Rocky Mountain Excavating performs earthwork, utilities, asphalt, concrete, and construction management throughout Colorado, New Mexico, Wyoming, and the entire Rocky Mountain region. RME also provides design build services. RME's skilled team has the reliability, expertise and dedication to quality workmanship that have earned them a solid reputation. Silver Peak, in partnership with the majority shareholder and CEO and Peninsula Capital, completed the recapitalization in March 2019.
Theme Area: Infrastructure / Demographics
Beacon Communications LLC is the industry’s leading full-service crucial communications and security solutions provider, specializing in delivering solutions with the design, sale, installation, training and service of the industry’s best electronic communication and security systems. They focus on helping companies in Healthcare, Government Municipalities, Education and Commercial Real Estate operate more efficiently, cost-effectively, and safely. We provide support and service nationwide to a variety of buildings and institutions that require crucial communications on a daily basis. Silver Peak, in partnership with the CEO and CFO and Centerfield Capital, completed the recapitalization in December 2015.
Theme Areas: Infrastructure / Environmental / Niche Manufacturing
Intermountain Drilling Supply (IDS) is a distributor and manufacturer of consumable drilling supplies for customers serving the Mining, Construction, Environmental, Telecom, and Geothermal industries. IDS is based in Salt Lake City and has additional warehouses in Arizona, Nevada, and Colorado. The Company's focus is on providing a one-stop shop for its customers, with vast technical expertise and rapid response times. Silver Peak, in partnership with the Management Team, Harbert Mezzanine Partners and Claritas Capital, completed the recapitalization in December 2010.
Theme Areas: Agribusiness / Infrastructure
Freshpack Produce is a leading distributor and value added re-packager of conventional and organic fresh fruits and vegetables. Headquartered in Denver, Colorado, the company is a significant supplier of over 150 produce items to grocery and foodservice customers in the Rocky Mountain region. Silver Peak Partners and Tonka Bay Equity Partners invested in Freshpack in April 2010.
Theme Area: Infrastructure / Environmental
Pro-Vac is one of the Northwest's largest and most experienced full-service environmental, sewer, septic and storm water management companies, serving Washington, Oregon, and Idaho. Pro-Vac is a full service storm/sewer maintenance and environmental service company. For over 20 years Pro-Vac has served both large and small customers throughout the Pacific Northwest. Closed November 2015.
Founded in 1989, Everson's Econo-Vac evolved to become Puget Sound’s Premier full service provider of Vactor Services, CCTV Pipeline Video Inspection Services and Broom and Regenerative Air Sweeping. Econo-Vac has gained the confidence and trust of the area’s leading construction and property management companies in addition to the area’s major municipalities. Closed August 2016.
Sound Tanks and Containers
A liquid storage tank rental business.
Theme Areas: Value Added Distribution
Silver Peak, in partnership with Ocean Avenue Capital Partners and the Management Team created Medsource Holdings, Inc. through the merger of two durable medical equipment companies; Aamco Medical and Tibro Medical. Medsource, based in Salt Lake City, Utah, is a leading regional distributor of durable medical equipment including mobility equipment, high end rehab motorized wheelchairs, urological supplies, sleep therapy equipment, and orthotics. The recapitalization was completed in November of 2013.
Theme Areas: Underground Infrastructure / Environmental
Pipeline Industries is an outsourced provider of lateral sewer line repair services, serving residential and commercial plumbing companies. The Company currently operates in Denver, Colorado Springs, and Seattle, and will continue its expansion into new markets in order to take advantage of large and increasing demand for sewer infrastructure upgrades and repairs. Silver Peak Partners, in partnership with CIVC Partners, completed the recapitalization of Pipeline in December 2009.
Theme Areas: Energy Infrastructure
Portal Service has been serving the Williston Basin since 1963 and has continued to expand its products and services within the rapidly growing Williston Basin and Bakken Shale. Portal Service Co. is a leading provider of oilfield, energy infrastructure and heavy civil construction services, as well as oilfield product sales, installation and rentals. Additionally, Portal distributes, delivers, installs and maintains HG Pumping Units in the United States. HG Curved Walking Beam Pumping Units are a major innovation in energy efficient pump jack technology. Silver Peak Partners and Saybrook Corporate Opportunity Fund completed the recapitalization of Portal in May, 2012.
Silver Peak's team, as investment professionals at their prior organizations, were lead investors in several companies operating within our theme areas. The following are brief descriptions of these investments.
Theme Areas: Underground Infrastructure / Niche Manufacturing
VAC-TRON EQUIPMENT: Vac-Tron Equipment is the leading manufacturer of industrial vacuum trailers used by customers in the utility, municipality, construction, oil and gas, and environmental remediation market segments. Vac-Tron's vacuum trailers utilize "touchless" and "trenchless" excavation for underground utility construction, replacement, and repair, offering significant advantages over traditional backhoe excavation. Vac-Tron sells its equipment through 110 dealers in the United States and internationally. The company was founded in 1994 and is based in Okahumpka, Florida.
Theme Areas: Environmental / Recycling
AL-JON: Al-jon, Inc. is a leading manufacturer of landfill compaction and scrap recycling equipment based in Ottumwa, Iowa. Al-jon has successfully established its niche by designing, manufacturing, and servicing high-quality, landfill compactors for the solid waste industry and scrap metal balers, car crushers, car loggers and articulated loaders for the scrap recycling industry. Al-jon was founded in 1964 and is a second generation family owned business.
Theme Areas: Aerospace and Defense
GRIFFITH ENTERPRISES: Griffith Enterprises is a manufacturer of complex electromechanical devices such as wiring harnesses, engine controls, and ground support equipment for the aerospace and defense industries. Griffith's wiring harnesses and engine monitor boxes are installed on an estimated 80% of all commercial aircraft auxiliary power units (APU's). Additionally, several of its products are installed on leading business jet and helicopter engine systems. Griffith was founded in 1966 and is based in Cottonwood, Arizona.
Theme Area: Niche/Precision Manufacturing
Micro Precision Swiss is a manufacturer of small, precision medical and dental components. MPS manufactures orthopedic products including bone screws and anchors as well as products used in joint replacements and for spinal implants. The company also manufactures surgical instruments including orthopedic drills, rasps and reamers as well as dental tools and instrumentation. The company was founded in 1993 and is based in Rancho Santa Margarita, California.
Theme Area: Aerospace and Defense
GCM North American Aerospace is a leading supplier of precision machined components and subassemblies to the aerospace industry. GCM is a highly diversified company dedicated to providing job-proven solutions and lean initiatives in mechanical, electromechanical integration and manufacturing expertise for the aerospace and commercial markets. The company continually expands its state-of-the-art technologies and equipment, providing flexibility for customer requirements, while maintaining low cost and on-time deliveries with unmatched quality. The company is based in Kent, Washington.