Caymus Equity Partners acquires Quality Environmental Services to expand in Midwest
Caymus Equity Partners LLC has acquired Quality Environmental Services, LLC, marking its third investment from Caymus Equity Partners Fund II. This acquisition positions Caymus Equity as a significant player in the environmental remediation services sector in the Midwest region.
Expansion of Services in Midwest Region
Based in Beaverton, MI, Quality Environmental Services, under CEO Kevin Wolfe, offers a broad range of environmental remediation services, including asbestos abatement, mold remediation, and more, primarily servicing the education and healthcare sectors. The investment by Caymus Equity provides Quality Environmental Services with the necessary capital to expand its services and pursue strategic acquisitions.
Caymus Equity Partners bolsters environmental focus with acquisition of Quality Environmental Services
Future Growth and Strategic Development
Kevin Wolfe, CEO of Quality Environmental Services, expressed confidence in the company’s growth trajectory: “We feel we have the organizational infrastructure in place to support future growth beyond the Midwest, both organically and through acquisitions…”
Blake Cummings, Partner at Caymus Equity, praised Quality Environmental Services’ strong customer relationships: “Quality’s long-standing relationships… creates a strong platform for us to continue building the business into a premier, end-to-end environmental services company.”
Ollie Maggard, Managing Partner at Caymus Equity, echoed the sentiment, emphasizing the opportunity to leverage their experience in the facility and infrastructure services sectors.
Caymus Equity’s Growing Portfolio
The acquisition, completed on November 10, 2023, is Caymus Equity’s fifteenth platform investment and the third from its Caymus Equity Partners Fund II. This move signifies Caymus Equity’s commitment to expanding its influence in the environmental remediation sector and supporting sustainable business practices.
This strategic acquisition by Caymus Equity Partners LLC of Quality Environmental Services LLC marks a notable expansion in the environmental remediation sector, promising enhanced services and growth in the Midwest region.