“SPATCO is known in the marketplace for its commitment to excellence and customer service,” said Excell President Susan Rollins. “I’m confident SPATCO will be a great steward of Excell’s industry reputation as well as our talented team, and I look forward to seeing them uphold the strategy and values that have defined the company over the past three decades.”

In addition to rolling out commercial services within SPATCO’s existing footprint, the acquisition deepens the platform’s position in Texas, a high-growth region with a significant addressable market. The move also advances the platform’s long-term objective to grow both in depth and breadth across the U.S. through a combination of organic and strategic M&A initiatives.  

“The acquisition of Excell represents a highly complementary addition to the SPATCO platform, allowing us to serve the Texas market with the same comprehensive offering present in our other regions,” said SPATCO CEO John Force. “SPATCO will continue to invest in service line expansion and organic growth initiatives to scale the platform and provide reliable, quality service to clients across the continental U.S.”

“Excell marks SPATCO’s fourth acquisition since the closing of our continuation vehicle in July of last year, signifying the company’s accelerating momentum and strong growth,” said Kian Vice President Ulrich Erasmus and Partner Jordan Lee. “Kian is fully equipped to support the company as it looks to continue its M&A strategy in new and adjacent verticals, as well as new geographies, to increase the scope and size of the portfolio and further the platform’s mission of being a single-source solutions provider to its customers nationwide.”

SPATCO is actively seeking partnerships with founders in the energy infrastructure and services space. Business owners interested in learning more should contact David Duke, Partner, Business Development at Kian, at [email protected].

Robinson Bradshaw acted as Kian’s legal advisor.