Catalyst Advises Capital Pump in its Transaction with Harkness Capital Partners
Capital Pump & Equipment (“Capital”), a leading provider of specialty pump rental and service solutions, including design and engineering capabilities for municipal, industrial, mining and construction applications, is entering the next significant phase of growth through a partnership with Harkness Capital Partners (“Harkness”).
Since its founding by Tom Henderson in 2013, Capital has grown to become a recognized regional leader in the specialty pump rental industry. “The partnership with Harkness will further energize our already rapid growth trajectory and enable us to pursue tremendous market opportunities by quickly expanding our fleet and the geographic footprint we serve. We are especially excited to have the Harkness Team’s deep equipment rental experience and proven track record of scaling regional businesses into national platforms,” said Mr. Henderson.
Capital provides mission-critical, pump rentals and fluid management solutions including bypass pumping, dewatering, filtration, and infrastructure rehabilitation through a team of highly skilled pump application experts. Capital currently serves the mountain west and desert southwestern United States from its four strategically located branches in Arizona and Nevada.
Founded in 2014, Harkness Capital Partners is a private investment firm that focuses on partnering with leading services businesses with a focus in the rental services, transportation and logistics, and industrial and infra-structure services. The Harkness team of investment and operating professionals serves as a resource to business founders and managers to support the growth of their business.
Catalyst Strategic Advisors served as exclusive transaction advisor and DLA Piper served as exclusive legal counsel to Capital Pump & Equipment.