Conco Services

Conco Services is a leading provider of low-pressure, mechanical heat exchanger tube cleaning and non-destructive testing services to power generation and industrial companies. Conco’s proprietary product applications result in significant cost savings for its customers through immediate improvements in plant heat transfer rate, megawatt output, fuel consumption, and CO2 emissions. From power generation to polymers, alumina to refineries, Conco technicians have restored efficiency and reliability to over 200 million condenser and heat exchanger tubes worldwide with our safe, fast and environmentally friendly cleaning and testing technology.

STATUS

Active

HQ LOCATION

Pennsylvania

INDUSTRY

Industrial & Environmental Services

FUND

Junior Capital Fund II

DEAL TEAM

Matt Harnett, Husnain Safdar, and Carter Henderson

INVESTMENT DATE

04/14/2020

Add-On Acquisition Criteria

IDEAL TARGET CHARACTERISTICS

U.S. industrial service companies serving power plants and/or petrochemical refineries

SIZE

REVENUE

$3MM+

EBITDA

$500k+

END MARKETS SERVED

Energy, industrial