#United States #Austin #Heath Consultants #Westlake Securities #USIC

Westlake Securities Advises on Strategic Sale of Heath Consultants' Locate Division to USIC

On July 15, 2025, Westlake Securities, a prominent middle market investment bank, announced the successful acquisition of Heath Consultants' 811 Locate Services Division by USIC, a national leader in underground utility locating services. This strategic move is aimed at bolstering Heath's long-standing commitment to innovation within the methane emissions management sector.

The Significance of the Deal

For Heath Consultants, a family-owned business established over 90 years ago, this divestiture is a defining moment as it shifts focus towards its core mission. According to Carolyn Heath Haag, President and Chairwoman of Heath, this transaction reinforces their pledge towards providing exceptional value through leading technologies and compliance measures in methane leak detection. Heath has been a trailblazer in methane emissions management, making this transition crucial for its future endeavors.

Drew Sitgreaves, the CEO of Heath, acknowledged the pivotal role played by Westlake Securities in driving the transaction. His comments highlight their unique expertise in the utility services sector and their effective navigation processes throughout the transaction. The collaboration with Westlake marked a significant milestone for Heath, demonstrating the trust and confidence in their advisory capabilities.

Details about the Companies Involved

Heath Consultants

Based in Houston, Texas, Heath Consultants was founded in 1933 and has since carved a niche in the methane leak detection industry. Their legacy is marked by advancements in technologies that reduce environmental impact and enhance public safety. The company prides itself on offering a comprehensive portfolio of methane detection solutions while employing certified technicians across the nation.

Their established network, combined with strategically located service centers, makes them a key player in methane emissions management. This deal allows Heath to sharpen its focus on many innovations related to methane emissions, increasing their market leadership.

USIC

USIC, headquartered in Indianapolis, Indiana, is well-known for underground utility damage prevention services and boasts over 10,000 employees nationwide. With experience in servicing more than 1,400 utilities pertaining to telecommunications, gas, electric, water, and sewer, USIC carries out more than 80 million locates annually.

The company's expansion capabilities were further enhanced by its partnership with Partners Group and Kohlberg, showcasing their shared commitment to superior service delivery and operational excellence across various utilities. The acquisition of Heath’s Locate Services Division positions USIC for even more comprehensive service offerings in the underground utilities sector.

Future Implications

As USIC integrates Heath's Locate Division into its operations, it is likely to further enhance the quality of locating services while focusing on advanced strategies in utility management. The growth trajectory of both Heath Consultants and USIC indicates strong outcomes as the demand for efficient methane detection solutions increases, particularly in an era where environmental consciousness is paramount.

In conclusion, the sale of Heath's Locate Services marks a new chapter not just for the company, but for the utility management sector. The collaboration with Westlake Securities underscores the importance of strategic advisory services in realizing growth and innovation. For companies considering similar ventures, Westlake Securities stands by ready to offer comprehensive strategic advice tailored for success.

For additional insights and to explore strategic options for your company, visit Westlake Securities or contact them directly.