Brown Gibbons Lang & Company (BGL), a leading middle market investment bank, is pleased to announce the recapitalization of DeBusk Services Group, LLC (DeBusk) by Turnbridge Capital Partners along with management founders and current investors. BGL’s Environmental & Industrial Services team served as a financial advisor to DeBusk in the transaction. The specific terms of the transaction were not disclosed.
Headquartered in Pasadena, Texas and operating from 16 facilities across the country, DeBusk is a best-in-class mechanical and industrial cleaning services provider primarily serving domestic refining and petrochemical facilities. Specifically, DeBusk provides a comprehensive suite of maintenance and turnaround services including hydroblasting, hydrocutting, specialty FCC catalyst handling, chemical cleaning, transportation, tank cleaning, and vacuum services. The business was founded and is led by Andrew DeBusk, who has spent the majority of his 24-year career leading successful businesses in the industrial cleaning and mechanical services market.
Turnbridge Capital (Turnbridge) is an energy-focused private equity firm with offices in Dallas and Houston, Texas. Turnbridge seeks to invest alongside experienced management teams in companies that provide products and services to the upstream, midstream and downstream energy market segments. For more information, please visit www.turnbridgecapital.com.