Pittsburgh, PA – Tecum Capital (“Tecum”) is proud to announce its investment in The Lewis Group, a leading provider of environmental remediation, emergency response, industrial and property maintenance services.
The Lewis Group will be supported by a strategic capital investment from an experienced group of investors, including Glen Oaks Capital, Tecum Capital, Five Points Capital, and SharpVue Capital to further enhance the Company’s ability to service its customers across a growing geographic footprint through organic growth and selected acquisitions. Rick Lewis remains the Company’s largest shareholder and Chief Executive Officer along with the existing senior management team that will continue to run the Company with a focus on providing industry-leading safety performance.
Rick Lewis, CEO of The Lewis Group, noted, “This is a very exciting time for our employees, customers and partners. Our team has built an incredible culture, supported by our core values of Safety, Quality, Integrity and Accountability. Preserving our culture will continue to be my greatest responsibility as we grow to support our customers throughout an expanded geographic footprint.”
Stephen Gurgovits, Jr., Managing Partner of Tecum, stated, “The Company has established a reputation as an industry-leading provider of mission-critical services with best-in-class culture and safety ratings. We believe the Company is well positioned to capture additional growth and are excited to partner with the world-class management team as they continue to capitalize on industry tailwinds.” Matt Harnett, Partner at Tecum, added, “There is strong cultural alignment across the entire TLG team, and we are thrilled to have the opportunity to partner with Glen Oaks, SharpVue and Five Points and work collectively towards the continued growth and success of the business.”
The Deal Team from Tecum consisted of Matt Harnett, Paul Oris, and Dominic Noel.
ABOUT TECUM CAPITAL
Tecum Capital is a Pittsburgh, Pennsylvania-based private investment firm deploying capital in lower middle-market companies. Tecum provides mezzanine debt and equity investments in growth-oriented middle-market companies across the broader high-value manufacturing, value-added distribution, and business services sectors. Our team partners with independent sponsors, family offices, committed funds, business owners seeking succession plans, and management teams to create shared success. Tecum manages two Small Business Investment Company (“SBIC”) licensed funds and is currently investing out of Tecum Capital Partners III, L.P, a $305 million fund launched in September 2021. Since 2006, the team has collectively invested more than $1.0 billion in over 135 platform and add-on acquisitions. For more information, please visit www.tecum.com.