Dec 20, 2018   SOURCE: BusinessWire

Rock Hill Capital Announces Its Investment in KVP Holdings, LLC

Rock Hill Capital Group (“Rock Hill”) today announced that it has completed a recapitalization of KVP Holdings, LLC (“kV Power” or the “Company”), an Andrews, TX based provider of outsourced electric utility construction and maintenance services.

kV Power, formed in 2012 by Bryan Hoffman, is a specialized electrical construction and maintenance services company focused principally on the electrical transmission infrastructure and the oil and natural gas services industries. The company has locations in Andrews, TX; Pleasanton, TX; Big Spring, TX; and Monahans, TX, and provides transmission, distribution, substation and electrical automation & instrumentation services to regional utilities and oil and gas operators. Additional information on kV Power’s offerings can be found at www.kv-p.com.

“Rock Hill is excited to partner with Bryan Hoffman, an industry veteran in the electrical services space, who has built a great business centered around safety and quality work. kV Power is solving one of the region’s biggest needs by improving the electrical infrastructure throughout Texas and the Southern U.S. Bryan has put together a strong team focused on energy, transmission, and substation construction and maintenance for a broad group of energy and utilities customers,” said Randall B. Hale, Managing Director of Rock Hill.

“We are excited to partner with Rock Hill as they have shown to effectively work with entrepreneurial industrial products and services companies. Through prior experience I knew it was time to find a financial partner to achieve the growth objectives in front of kV Power and to continue to provide our customers with the highest quality work and safety as we grow,” said Bryan Hoffman.

kV Power represents the seventh investment by Rock Hill’s third fund – Rock Hill Capital III, L.P. Debt financing, and legal representation services for the transaction were provided by Mutual of Omaha Bank and Winston & Strawn, respectively.

About Rock Hill Capital

Rock Hill Capital, founded in 2007 and headquartered in Houston, Texas, is a private equity firm that invests in small-to-lower middle market companies located in the South and Southeast U.S. Rock Hill is currently investing out of its third committed capital fund totaling $150MM focusing on companies in the industrial products and services industries. Take a deeper look at Rock Hill Capital and what makes our investments successful by visiting www.rockhillcap.com.