Quantum Capital acquires Apache Industrial Services

Quantum Capital has acquired Houston Texas based Apache Industrial Services, Inc., a multi-craft industrial services provider. Simultaneously Quantum Capital merged Skyway Canada, a portfolio company since 2007, into Apache. The combined company will have circa US $500 million in revenues and more than 4,000 skilled craftsmen.

The new Apache will continue to be led by Apache’s leadership team. Skyway Canada will continue to operate under Skyway Canada as a Apache Industrial Services company.

On March 9, 2007 a private equity consortium led by Quantum Capital acquried Skyway Canada Limited and Total Support Services Limited for $84 million.

Co-founded in 2004 by Andrew Blott and Lawrence Stuart, Toronto based Quantum Capital invests on behalf of Jack Cowin, the founder and Executive Chairman of Competitive Foods Australia Ltd., a graduate of Western University and an inductee of Western Athletic Hall of Fame.

photo credit: UTCM Ng