USA – Argosy Private Equity, a lower middle market private equity firm, acquired Vac2Go, LLC, a Louisville, Kentucky based provider of mission-critical equipment to industrial, utility, and municipal customers.
The amount of the deal was not disclosed. NewSpring Capital provided mezzanine debt financing and equity coinvest.Founded in 2011, Vac2Go offers daily to multi-month rentals of the latest model trucks and equipment to industrial service contractors, environmental contractors, the construction, excavation, and utility industries, and to state and local municipal governments. Additionally, the company provides repair and maintenance services for vacuum trucks and related equipment at all its facilities. Vac2Go has offices in Kentucky, Tennessee, Ohio, Alabama, South Carolina, Indiana, and Texas.22/03/2023
