Purchase of Shreveport Tank Wash and Tank Wash Specialists expands the QualaWash service footprint into new markets.
TAMPA, Fla., Jan. 16, 2013 /PRNewswire/ — QualaWash Holdings, LLC, North America's largest independently owned provider of commercial cleaning & maintenance services to the portable bulk container industry, today announced two new acquisitions: Shreveport Tank Wash in Shreveport, LA and Tank Wash Specialists in Neenah, WI. Both purchases were finalized in the fourth quarter of 2012, making them the third and fourth acquisitions for QualaWash in that quarter.
"The last quarter of 2012 proved to be a very active one for us," said Mike Bauer, CEO QualaWash. "Acquiring businesses like these with strong reputations and solid customer bases is consistent with our future growth strategy. We want to maximize our service offerings to existing customers as we expand so are strategically moving into new markets with new and enhanced services whenever possible. The Shreveport location, for example, services bulk and intermediate bulk containers transporting petroleum products. We are excited to now offer this service to our customers doing business in the petroleum-rich gulf region. I expect QualaWash to continue expansion efforts like this where it makes sense in 2013."
Jay Sims, owner of Shreveport Tank Wash and Mike Hansel, owner of Tank Wash Specialists are both extremely pleased to turn operations over to QualaWash. "QualaWash has the resources to take what we've built and turn it into an even better facility," said Hansel. "Their business knowledge and environmental and safety expertise is unmatched in the industry."
"This is an exciting time for QualaWash," said President Terry O'Brien. "The recent acquisitions allow us to continue expanding our national footprint, while enhancing the services provided by the previous owners, with increased focus on safety, environmental stewardship and service metrics. The addition of these two facilities expands our customer base, while offering existing customers access to the most robust facility network in the industry."
About QualaWash:
QualaWash is a privately owned services provider to the bulk transportation industry, operating in 56 locations nationwide. With over 55 years' experience and 550 dedicated professionals, QualaWash is North America's largest provider of tank trailer cleaning, ISO container depot services and IBC cleaning and reconditioning services. QualaWash is a proud member of National Tank Truck Carriers (NTTC) and Reusable Industrial Packaging Association (RIPA). (www.qualawash.com)
QualaWash is backed by Roark Capital, an Atlanta-based private equity firm that specializes in franchise, brand management, environmental services and marketing services companies with attractive growth prospects. Roark focuses on middle-market investment opportunities through family-owned business transfers, management and corporate buyouts, recapitalizations, going-private transactions and corporate divestitures. (http://www.roarkcapital.com).
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