Portfolio Tanknology

Invested: September 2019
Located: Austin, TX
Category: Services & Technology - Seeking Add-Ons

Hamilton Robinson Capital Partners Expands Services Portfolio With Acquisition Of Tanknology

Stamford, CT – September 13, 2019

Hamilton Robinson Capital Partners (“HRCP”), together with management, has recapitalized Tanknology, the global leader in underground storage tank testing, inspection and compliance management. Headquartered in Austin, TX, the Company serves the largest fueling station operators in the world through eight regional offices and over 170 technicians in the United States and a network of international licensees.

“We look forward to partnering with Hamilton Robinson to continue our 30-year history of developing best-in-class testing technologies and services to provide our customers with the solutions needed to keep up with the constantly evolving regulatory requirements,” stated Tanknology CEO, Allen Porter.

“Tanknology embodies everything we love about a business – a mission-critical service, opportunity for growth and a management team excited about the next chapter in its history. Over 50,000 locations a year benefit from Tanknology’s services which ultimately protect drinking water and the environment.”

-Brandon Richter, Managing Director, Hamilton Robinson

“We are thrilled to partner with Tanknology as it expands the value it provides to customers through the launch of new, innovative services. Tanknology’s success is a function of its high quality team, national scale, proprietary software and leading-edge testing and compliance management solutions,” added Jim Parmelee, Managing Director at Hamilton Robinson.

Finn Dixon & Herling LLP and Crowe LLP provided legal and accounting advisory services to HRCP, respectively.