#USA #Denver #Environmental Services #RedCloud Capital #APS Environmental

RedCloud Capital Forms Strategic Partnership with APS Environmental

RedCloud Capital, LLC, a Denver-based private equity firm, has officially announced its partnership with APS Environmental Group, LLC. This collaboration is set to elevate the reach and effectiveness of APS, a growing name in the environmental testing, inspection, consulting, and abatement services sector across New England and the Mid-Atlantic.

Founded in 2019 by John DeGeorge, APS Environmental has evolved from a small, single-operator practice into a robust multi-state entity serving restoration companies, insurance providers, and general contractors. With a team that has earned a solid reputation for its expertise and quick response times, APS helps clients comply with complex environmental regulations from assessment to project completion. Their integrated model offers clients a reliable single resource for all their environmental and hazardous material needs.

RedCloud's investment is not just financial; it's a partnership that aims to bolster APS's position in a fast-evolving market. By collaborating closely with founder and CEO John DeGeorge and his management team, RedCloud plans to support APS in enhancing its geographic footprint, expanding service capabilities, and nurturing relationships with both existing and new customers. The focus is on leveraging APS's strong market presence to take advantage of the fragmented environmental services industry through strategic acquisitions while maintaining the high service standards that have driven APS's success thus far.

According to John DeGeorge, this partnership is a significant step forward for APS Environmental. “Partnering with RedCloud gives us the resources and expertise to accelerate the next chapter of APS,” he expressed. DeGeorge emphasized the foundational principles on which APS was built: rapid response, quality service, and ease of process for clients. He praised RedCloud for its genuine approach to partnership, making it a clear choice compared to other interested firms. This collaboration promises not only financial backing but also operational support for new market entries and strategic acquisitions, emphasizing APS's commitment to client satisfaction.

Kevin Mitchell, founder of RedCloud Capital, shared his enthusiasm for this new venture, noting, “APS has created a distinct platform with an exceptional management team in a specialized, high-barrier niche. The company has showcased impressive growth, a result of swift response times and in-depth technical knowledge.” Mitchell acknowledged that the competitive edge APS holds derives from its longstanding relationships with key partners and its stellar reputation. RedCloud is eager to build on this foundation as they work together moving forward.

In related news, Consilium Partners acted as the exclusive financial advisor for APS in this transaction, with financing provided by Southfield Mezzanine Capital and Tecum Capital Partners, ensuring a solid backing for this ambitious partnership.

For those unfamiliar with the two entities:

• - RedCloud Capital, LLC is a private equity firm that targets lower middle market companies, bringing more than twenty years of experience in helping businesses develop strong competitive positions.
• - APS Environmental Group, LLC, headquartered in Bedford, New Hampshire, specializes in environmental testing and compliance services across various industry sectors. With a robust staff of 38 employees, they provide critical services that comply with both state and federal regulations.

By forming this partnership, RedCloud and APS aim to combine their strengths and craft a sustainable growth strategy. Their collaborative effort is positioned to make a significant impact in the environmental services industry, ensuring that both entities can serve their clients better and expand their operational horizons efficiently. As the environmental landscape continues to evolve, this partnership could very well set a precedent for future collaborations within the sector.