RICHMOND, VA – Middle-market investment bank Harris Williams & Co. announced the sale of Apache Industrial Services (Apache) to Quantum Capital (Quantum) and Apache’s simultaneous merger with Skyway Canada (Skyway). Skyway is a portfolio company of Quantum. Apache is a leading provider of multi-craft industrial services to the petrochemical, agricultural chemical, refinery, power generation, offshore energy and general industrial markets. Harris Williams & Co. served as the exclusive advisor to Apache, a portfolio company of MML Capital Partners.
“Apache has distinguished itself as an industry leader in multi-craft services through a demonstrated track record of growth and unrelenting focus on its craftsmen and customers,” said Drew Spitzer, a Managing Director at Harris Williams & Co. “The transaction illustrates continued buyer interest in high-quality infrastructure services platforms in North America.”