Brookside Capital Partners is pleased to announce its investment in Hydro-Vac Holdings, Inc. (“RK HydroVac” or “RK”). Founded in 1981 and headquartered in Piqua, OH, RK HydroVac is the leading provider of roof preparation services for the repair and replacement of low-slope ballasted roofs in the United States. RK has established itself as a critical part of the commercial re-roofing industry providing essential dry and wet-vacuum services, ballast removal, pneumatic ballasting, and disposal services, supported by a highly specialized fleet of hydro-vac trucks.

Brookside Capital Partners provided unitranche debt and a preferred equity co-investment to support the acquisition of RK by Sound Growth Partners (“SGP”), a Seattle-based private equity firm investing in clear market leaders within the lower middle market using their One-Stop Buyout™ approach.

“We are excited to partner with Sound Growth Partners again and the RK HydroVac management team as RK enters its next phase of growth,” said Nicholas Ganias, Partner at Brookside Capital Partners. “With the support from SGP, we look forward to RK building on its established 45-year track record as a trusted and reliable partner to the commercial roofing contractor market.”

About Brookside Capital Partners

Brookside has invested $1.5 billion since its founding in 2001. We are a leading provider of flexible capital solutions to lower middle-market companies, typically in the form of subordinated debt, unitranche loans and minority equity co-investments. Brookside generally invests $5 million to $30 million per transaction and has the resources to complete larger transactions, as well, by partnering with limited partners and associates. As a firm, we believe in partnership, collaboration, and achieving results together. We value the relationships with our sponsor and management partners and seek to find credit solutions that work for each unique situation. We deliver on our promises.

Please contact us or visit brooksidecp.com or our LinkedIn profile for additional information. We welcome investment proposals and promise a prompt and confidential response.