Let's Pave Partners with Saw Mill Capital

July 10, 2019

For Immediate Release

Caber Hill Advisors announced today that it advised Let’s Pave, LLC in its recapitalization transaction with Saw Mill Capital LLC. Caber Hill acted as the exclusive financial advisor to Let’s Pave in the transaction. 

Based in Oak Brook, Illinois, Let’s Pave is a leading national provider of outsourced parking lot maintenance and repair services to multi-location commercial property owners.  The Company provides best-in-class service and rapid response to its customers’ asphalt and concrete parking lot needs across the country through a proprietary network of preferred, local paving partners. Through its technical knowledge and expertise in procurement, project management and quality control, Let’s Pave drives significant long-term savings for property owners by proactively managing their parking lot maintenance programs. 

C.B. Kuzlik, President, CEO and Founder of Let’s Pave, commented, “Our partnership with Saw Mill Capital represents a great step forward for Let’s Pave. The Saw Mill team brings significant facilities maintenance expertise, actionable strategic account relationships, and a strong suite of research, technology and resources to support Let’s Pave’s continued growth. We are excited to find a partner that shares our vision and commitment to delivering the highest quality parking lot maintenance service and creating significant value for our customers.” 

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Caber Hill Announces the Sale of Houston-based LMS, Inc. to Davey Tree

February 13, 2019

For Immediate Release

Caber Hill Advisors announced today that it assisted in the sale of Houston-based LMS, Inc. to Davey Tree. Caber Hill acted as the exclusive sell-side advisor to LMS. The transaction closed in January 2019 and was led by Peter Holton, Caber Hill's Managing Director for the Facilities Services industries.

Founded by Jeff Corcorran in 1986, LMS provides landscape and irrigation maintenance and new construction services to more than 60 commercial properties in the greater Houston area. 

“LMS brings a talented team of professionals, and we are excited to welcome them to the Davey family,” said Dan Joy Executive Vice President of Davey Tree. “Like Davey Tree, LMS provides excellent landscape care while concentrating on the client experience and quality control. Now, we can focus on sharing our mission with the greater Houston area – together.” 

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Caber Hill Announces Q4 Audiology Transactions

February 12, 2019

For Immediate Release

Caber Hill Advisors announced two completed transactions in the audiology industry today. The deals both closed in Q4 2018.

Michigan

Caber Hill assisted it's client, a private equity portfolio company, with a small add-on acquisition in Michigan. This represents the 24th clinic the company purchased in Michigan in 2018, as part of a broader roll-up strategy; Caber Hill has also assisted this same client with acquisitions in Illinois, Indiana, and Arkansas, and is seeking additional add-ons in other states.

Oregon

Caber Hill advised on the sale of an Oregon audiology practice to a regional, privately owned consolidator. Scott Myatt led the transaction for Caber Hill, who acted as the seller's exclusive sell-side advisor. 

Caber Hill Announces the Sale of a Midwest Janitorial Company

October 17, 2018

For Immediate Release

Caber Hill Advisors announced today that it assisted in the sale of a Midwest janitorial company to Anchor Building Services, a Chicago-based janitorial services provider. Peter Holton led the transaction for Caber Hill.

Following the transaction, Tom Prybylo Jr., President of Anchor Building Services, commented that "The reputation and history of the seller was the main attraction for me in our partnership with the company. The owner and his family have built a wonderful business over the years and we are excited to continue the legacy going forward. The accounts the company has worked with over the years provides an avenue to continue to grow Anchor Building Services and to become one of the most dominant players in the Chicago market."

“Of the different possible buyers, I feel Peter Holton brought us the right fit for our multi-generational company," said the seller. "Tom, and his team at Anchor, are committed to allowing our operations staff to continue serving our clients, which provided me the comfort I needed to entrust him with our company, clients and employees.  It's a great way to move into retirement.“

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Eagle Tower Capital Acquires Specialty Sales

September 25, 2018 

For Immediate Release 

Caber Hill Advisors announced today that it assisted in the sale of Specialty Sales, Inc. to Eagle Tower Capital. Caber Hill acted as the exclusive sell-side advisor to Specialty Sales.  

Specialty Sales is a second-generation family business, founded in 1970 by Stewart Holmes and operated for over two decades by his daughter, Karen O’Donnell. The company is a wholesale distributor providing a complete package of hoses, tubing, couplings, fittings, clamps, valves, and related items to a broad range of industries including water treatment, agriculture, lawn care, greenhouses, beverage, fuel, and car wash. 

Craig Castelli, Caber Hill Founder and CEO, led the transaction. “Specialty Sales is the premier distributor of its kind in the Midwest,” said Mr. Castelli. “We are honored that Specialty Sales trusted Caber Hill with the important job of not only closing the transaction, but more importantly doing so with a buyer whose vision aligns so closely with that of the company and the O’Donnell family. We’re very excited for the new owners and are confident that they will carry on the Specialty Sales legacy indefinitely.” 

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Deal Announcements