#United States #Houston #Del Monte Capital #DLG Infrastructure #Houston Water

Del Monte Capital Partners with DLG Infrastructure Services

Del Monte Capital (DMC), known for its focus on growth-oriented investments, has recently finalized a major recapitalization deal with DLG Infrastructure Services, a reputable player in Houston's municipal water infrastructure sector. The transaction marks DMC's third significant investment and reaffirms its commitment to enhancing essential service providers in the community.

Founded in 2020 by Chris Scott-Ford and Danny Glover, DLG Infrastructure Services has rapidly made a name for itself in Houston. The company has established trust within the community by providing crucial services related to water systems, including the maintenance and rehabilitation of water lines, drainage systems, and sewer operations. Additionally, DLG has pioneered trenchless pipe replacement technologies and implemented neighborhood flood mitigation projects, demonstrating its dedication to improving urban infrastructure.

Chris Scott-Ford, who has been pivotal in DLG's growth, commented on the partnership with DMC. He emphasized the importance of selecting an equity partner who not only understood their business model but also respected the existing company culture and leadership structure. His choice of DMC was influenced by their genuine approach and understanding, setting a positive tone for the collaboration's future.

Similarly, retiring co-founder Danny Glover voiced his confidence in DMC, highlighting their trustworthy nature and shared values. Glover expressed pride in the company they built, validating their decision to partner with an investment firm that aligns with their vision for DLG's future.

David Hartland, a Managing Partner at Del Monte Capital, shared his perspective on the investment. Growing up in Houston has provided him a personal appreciation for the city's need for reliable water and drainage systems, especially during severe weather events. He noted that supporting a company like DLG, which provides critical infrastructure services, is both a privilege and a responsibility.

As part of the transaction, Chris Scott-Ford will maintain significant ownership and control over DLG's daily operations, ensuring continuity in leadership. Furthermore, Chad Cross has been appointed as Chief Financial Officer, which signals an aim for sustained growth and professionalization within the company.

Legal representation for Del Monte Capital in this deal was managed by Troutman Pepper Locke, while Amegy Bank facilitated senior financing. Gilbert Pardue Transaction Advisors acted as the sell-side advisor, indicating a thoughtful approach to structuring the partnership.

About DLG Infrastructure Services

Based in Houston, Texas, DLG Infrastructure Services has executed nearly 1,000 projects focused on municipal water infrastructure since its establishment. Services range from storm drainage repairs to waste management solutions, showing their comprehensive approach to community needs. The company's strong reputation is built on reliability and efficient service delivery across the Houston metro area.

About Del Monte Capital

Founded in 2023, DMC specializes in lower middle-market investments, emphasizing sectors that play a critical role in community and environmental sustainability. With a recognized status as a 'Founder Friendly Investor', DMC has already garnered accolades, including the Deal of the Year from ACG Houston. Their investment strategy targets recession-resistant service businesses, aiming to foster long-term growth in essential sectors. Visit Del Monte Capital's website for more information.

The partnership between Del Monte Capital and DLG Infrastructure Services promises to shape the future of municipal infrastructure in Houston, underscoring the significant role such investments play in community resilience and development.