Engineered Lining Systems, Inc. has been acquired by HK Solutions Group
Engineered Lining Systems, Inc. (ELS) has been sold to HK Solutions Group. The acquisition of ELS complements HK Solutions Group's portfolio of infrastructure rehabilitation, cleaning and inspection service providers.
Headquartered in Jacksonville, Florida, Engineered Lining Systems (ELS) is a full-service, trenchless technology firm that provides in situ pipe and structure rehabilitation services to a wide range of facilities, including government, medical, financial, retail, dining and manufacturing. While other restorative methods may require excavating to access affected or damaged pipes, custom pipe cutting and fitting and a high price tag, ELS’ cutting-edge system provides a cost-efficient solution that significantly reduces installation time with minimal disruption to surface traffic and business
HK Solutions Group, headquartered in Des Moines, Iowa, offers water and wastewater infrastructure inspection, cleaning and repair services, as well as industrial services and wastewater treatment. Its service offerings are designed to support the ongoing maintenance needs of existing public and private infrastructure, including sewer lines, manholes, stormwater systems, large diameter pipes and industrial facilities.
CenterOak Partners is a private equity firm that invests in lower middle-market companies located in the USA that operate in the industrial growth, consumer and business service sectors. The firm acquired HK Solutions Group in July 2021.
Oaklins’ team in Jacksonville acted as the lead advisor to the seller and the management of Engineered Lining Systems, Inc. in the preparation of the sale process and due diligence, the approach and parallel negotiations with potential buyers, and assisted them until closing.
President, Engineered Lining Systems, Inc.
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