H.I.G. Capital, a prominent global alternative investment firm managing $60 billion in capital, is pleased to announce the completion of the acquisition of USA DeBusk, LLC, a leading national provider of crucial industrial cleaning and infrastructure maintenance services. Under the leadership of CEO Andrew DeBusk, USA DeBusk’s executive team will continue to guide the company and retain significant ownership.
Established in 2012, USA DeBusk offers a comprehensive range of industrial cleaning and infrastructure maintenance services to a diverse clientele, including prominent names in chemicals, renewable fuels, refining, and power generation. With its headquarters in Deer Park, TX, the company operates from 39 offices across the United States and employs over 2,500 full-time staff.
Andrew DeBusk, CEO of USA DeBusk, expressed excitement about partnering with H.I.G. to enhance the company’s capabilities and offerings. He emphasized their commitment to delivering high-quality, innovative solutions to customers while maintaining the company’s entrepreneurial culture. The partnership aims to bolster USA DeBusk’s growth strategy by expanding its geographic presence, service offerings, and pursuing strategic acquisitions.
Matt Gullen, Managing Director at H.I.G., highlighted the significant opportunities for USA DeBusk, given its stellar track record, national scale, proprietary equipment, skilled workforce, and strong leadership. He expressed confidence in supporting USA DeBusk’s growth initiatives and building upon its success in the industry.
Financial advisors Harris Williams and Jefferies, along with legal counsel McDermott Will & Emery LLP, assisted H.I.G. Capital in the transaction, while Houlihan Lokey and Statesman Business Advisors provided financial advisory services, and Holland & Knight LLP served as legal counsel to USA DeBusk.
About USA DeBusk: USA DeBusk is a leading provider of industrial cleaning and infrastructure maintenance services, catering to various industries such as chemicals, renewable fuels, refining, and power generation. With its extensive network of offices across the United States and a workforce of over 2,500 employees, the company is committed to delivering top-notch services to its clients. For more information, visit usadebusk.com.
About H.I.G. Capital: H.I.G. Capital is a prominent global alternative investment firm managing $60 billion in capital. With headquarters in Miami and offices across the United States and internationally, H.I.G. specializes in providing both debt and equity capital to middle-market companies. The firm’s investment approach focuses on operational improvements and value creation. Since its inception in 1993, H.I.G. has invested in and managed over 400 companies worldwide, with a current portfolio exceeding 100 companies. For more information, please visit hig.com.
