CenterOak Partners LLC (“CenterOak”), a Dallas-based private equity firm, today announced that it has completed a majority recapitalization of HK Solutions Group (“HK Solutions” or the “Company”), a leading regional provider of infrastructure maintenance services for municipal and industrial customers primarily in the Midwest. Chief Executive Officer Wade Anderson and the existing management team will continue to lead the Company following CenterOak’s investment. Terms of the transaction were not disclosed.
Source: NDT