SideKick Operators Partner Oscar W. Larson Company Acquires Capitol Business Equipment | Business


CLARKSTON, Mich. and MONTGOMERY, Ala.–(BUSINESS WIRE)–January 19, 2022–

Oscar W. Larson Company (“Oscar Larson” or “OWL”), a portfolio company of Trive Capital and strategic partner of SideKick Operators, has acquired Capitol Business Equipment, Inc. (“CBE”). CBE specializes in large-scale remote and on-site technology deployments, long-term managed services, and repair and maintenance of nearly all types of in-store hardware and software technology, including loss prevention technology, point of sale systems and network solutions. . The acquisition further strengthens Oscar Larson’s service offering and footprint which has been uniquely designed to tirelessly serve its customers nationwide.

SideKick Operators (“SideKick”), the Texas-based strategic investment and advisory firm, announced its partnership with Oscar Larson and Trive in April 2021. SideKick is a co-investor alongside Trive and company shareholders Oscar W. Larson. SideKick also serves as a strategic advisor to Oscar Larson’s management team as the company expands nationally and expands its offerings to better meet the needs of its customers.

SideKick CEO Justin Steen said, “We are thrilled to partner with CBE. The company has a strong reputation and provides exceptional service, making it an ideal partner for OWL’s mission to provide best-in-class service nationwide.

Oscar Larson President Charlie Burns said, “The CBE partnership and the recent acquisitions of WildcoPES and Cox Service Station Maintenance are game changers for the company. We are well positioned to be the country’s partner of choice for in-store and non-store facility maintenance and energy infrastructure service.

Oscar Larson actively seeks complementary opportunities in the markets for equipment distribution and installation, testing, inspection, maintenance and repair services within the QSR or energy infrastructure industries.

About SideKick Operators

For over 4 decades, SideKick Operators partners have been building sustainable, sustainable businesses across North America. SideKick is a strategic company that invests in mission critical trades by providing repair, maintenance, inspection and testing services. The company partners with business leaders to build a national brand reputation through operational excellence. SideKick comes from a history with a deep-rooted appreciation for founders and family businesses.

About Trive Capital

Trive Capital is a Dallas, Texas-based private equity firm with approximately $3.6 billion in assets under management. Trive focuses on equity and debt investing in what it sees as strategically viable middle-market companies with the potential for transformation through operational improvement. We seek to maximize returns through practical partnership that calls for identifying and implementing value creation ideas.

The Trive team is comprised of seasoned investment professionals who have been involved in over 100 middle market transactions representing over $6 billion in revenue across Trive’s targeted industry sectors and situations.

About Oscar Larson

Founded in 1946 and based in Clarkston, Michigan, Oscar Larson is a leading end-to-end equipment distributor and provider of installation, test, inspection, maintenance and repair services for energy infrastructure and other customers in several regions.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220119006069/en/

For inquiries, please contact Morgan McGee – [email protected]

KEYWORD: UNITED STATES NORTH AMERICA MICHIGAN ALABAMA

KEYWORD INDUSTRY: PROFESSIONAL SERVICES SMALL BUSINESS UTILITIES ENVIRONMENT ALTERNATIVE ENERGIES ENERGY FINANCE

SOURCE: SideKick Operators

Copyright BusinessWire 2022.

PUBLISHED: 01/19/2022 16:39 / DISK: 01/19/2022 16:39

http://www.businesswire.com/news/home/20220119006069/en

Copyright BusinessWire 2022.


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