Harris Williams advises D&H United Fueling Solutions on its sale to Wind Point partners

Richmond, Virginia – (work wire) – Harris Williams, a global investment bank specializing in merger and acquisition advisory services, announced that it has advised D&H United Fueling Solutions (D&H United), a portfolio company of KLH Capital (KLH), on its sale to Wind Point Partners (Wind Point). ). D&H United is a leading provider of testing, inspection, repair and installation services for gas stations and electric vehicle (EV) charging infrastructure throughout the United States. The deal was led by Luke Semple, Sean Belowski and Henry Frost of the Harris-Williams Energy, Energy and Infrastructure (EPI) group and Graham Gillam of the company’s Business Services group.

“It has been a pleasure working with CEO Beau Sassnett and the rest of the D&H United team on this important transaction,” said Luke Semple, managing director at Harris Williams. “D&H United has grown to become a leading platform in its industry, due to the breadth and quality of testing, inspection and compliance; maintenance; and installation services across both electric vehicle charging infrastructure and retail fueling makes the company an essential partner to its customers.”

“We continue to see strong investor appetite for companies like D&H United that provide critically important, non-postponable services in fragmented industries,” said Graham Gillam, principal at Harris Williams. “The company has done an excellent job executing its growth strategy, both organically and through mergers and acquisitions, and we look forward to seeing the next phase of growth under Wind Point ownership.”

D&H United is a leading provider of both petroleum fueling system and electric vehicle charging, equipment and installation services. D&H United is an authorized distributor and service provider of Gilbarco Veeder-Root as well as other major hardware brands. The company has 16 branch offices and more than 570 employees. D&H United also offers compliance testing for tanks and lines in 25 states through its subsidiary Valley Tank Testing.

Founded in 2005, KLH is a private equity firm serving family-owned businesses, founders, and low- and mid-market businesses in the specialty services, value-added distribution, and specialty manufacturing industries. The Company makes majority and minority equity investments in US-based companies to support the company’s growth plans, provide ownership opportunities for key managers, and allow owners to reap value in their businesses.

Wind Point Partners is a Chicago-based private equity investment firm with approximately $5 billion in assets under management. Wind Point focuses on partnering with high caliber management teams to acquire well-positioned mid-market companies where they can establish a clear path to value creation. The company targets investments in the consumer products, industrial products and business services sectors. Wind Point is currently investing in Wind Point Partners X, a fund launched in 2022.

Harris Williams, an investment bank that specializes in mergers and acquisitions advisory services, advocates for sellers and buyers of companies around the world through the crucial stages and provides thoughtful advice throughout the life of their business. By collaborating as one across industry groups and geographies, the company helps its clients achieve results that support their goals and create strategic value. Harris Williams is committed to excellence in execution and to building lasting relationships and value built on mutual trust. Harris Williams is a subsidiary of PNC Financial Services Group, Inc. (NYSE: PNC).

The Harris Williams EPI Group has extensive experience advising market-leading technology, service and product providers across a wide range of sectors. These sectors include energy management; infrastructure services; utility services; testing, inspection and certification services; environmental services; Engineering and construction. energy and technology products; and energy technology. For more information on the group experience, please visit the EPI Group section of the Harris Williams website.

The Harris Williams Business Services Group has experience advising companies that provide a range of commercial, industrial and professional services. For more information about the company’s Business Services suite and other recent transactions, visit the Business Services Group section of the Harris Williams website.

Harris Williams LLC is a registered broker and dealer and a member of FINRA and SIPC. Harris Williams & Co. Ltd is a private limited company incorporated under English law with its registered office at 8th Floor, 20 Farringdon Street, London EC4A 4AB, UK, registered with the Registrar of Companies in England and Wales (Registration Number 07078852). Harris Williams & Co. Ltd is authorized and regulated by the Financial Conduct Authority. Harris Williams & Co. Corporate Finance Advisors GmbH is registered with the Commercial Register of the District Court in Frankfurt, Germany, under HRB 107540. The registered address is Bockenheimer Landstrasse 33-35, 60325 Frankfurt am Main, Germany (email address: [email protected]). Geschäftsführer / Directors: Jeffrey H. Perkins, Paul Bogey. (VAT number DE321666994). Harris Williams is a trading name under which Harris Williams LLC and Harris Williams & Co. Ltd and Harris Williams & Co.

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