Prospect Partners teamed with management to recapitalize Owen Equipment Company and Owen Equipment Sales (together, “Owen”) in December, 2013.
Owen is a leading provider of infrastructure maintenance equipment. The Company is one of the top North American dealers of both new and pre-owned high-performance industrial environmental equipment used for street cleaning, waste management, sewer maintenance, and hydro-excavation. Equipment lines include Elgin® and Vactor® products, among others.
|Prospect Team:||Brett Holcomb, Lou Kenter|
|Growth Strategy:||Niche Leader|
|Investment Date:||December 2013|
|Industry:||Infrastructure Products & Rental|
|Sector:||Specialty Service (B2B) / Value-Add Distributor|