Kinderhook

Kinderhook Industries Bolsters Senior Leadership and Names Liam Rogers Head of Capital Formation & Investor Relations

Retrieved on: 
Wednesday, September 6, 2023

NEW YORK, Sept. 6, 2023 /PRNewswire/ -- Kinderhook Industries, LLC ("Kinderhook"), a leading middle market private equity firm with over $5.4 billion of cumulative capital commitments, announced it has named Liam Rogers as Managing Director and Head of Capital Formation & Investor Relations.

Key Points: 
  • NEW YORK, Sept. 6, 2023 /PRNewswire/ -- Kinderhook Industries, LLC ("Kinderhook"), a leading middle market private equity firm with over $5.4 billion of cumulative capital commitments, announced it has named Liam Rogers as Managing Director and Head of Capital Formation & Investor Relations.
  • His deep relationships and expertise within the institutional investor universe will be incredibly valuable for our current and future investor partners," said Chris Michalik, Managing Director and Kinderhook co-founder.
  • Prior to joining Kinderhook, Rogers was an Executive Director in the UBS Private Funds Group, where he raised capital from institutional investors for private equity funds.
  • Tom Tuttle and Robert Michalik, Managing Directors and Kinderhook co-founders, added, "We are delighted to continue to grow the Kinderhook team with the addition of Liam.

Repair OnDemand Announces New President Randy Kobat, Tony Rimas Takes on New Role with Board of Directors

Retrieved on: 
Tuesday, June 6, 2023

Before joining Repair OnDemand, Randy spent nine years at Cox Automotive, leading a portfolio of businesses, including vAuto, Kelley Blue Book Instant Cash Offer, HomeNet, and Dealertrack DMS.

Key Points: 
  • Before joining Repair OnDemand, Randy spent nine years at Cox Automotive, leading a portfolio of businesses, including vAuto, Kelley Blue Book Instant Cash Offer, HomeNet, and Dealertrack DMS.
  • Repairify is also pleased to announce that Tony Rimas, previous leader of Repair OnDemand and President of Repairify, has taken on a role with the company's private equity owner, Kinderhook Industries.
  • He has joined the Board of Directors for Repairify and will also serve other board seats within the Kinderhook portfolio of companies.
  • "I am proud of what we have achieved at Repair OnDemand, and I am confident that Randy will continue this momentum," said Tony Rimas.

BGL Announces the Sale of Circon to Covanta

Retrieved on: 
Monday, May 1, 2023

CLEVELAND, May 1, 2023 /PRNewswire/ -- Brown Gibbons Lang & Company (BGL) is pleased to announce the sale of Circon Holdings, Inc. (Circon), an industry leader in innovative waste management solutions and a portfolio company of Kinderhook Industries, LLC (Kinderhook), to Covanta Holding Corporation (Covanta), a leader in sustainable materials management and a portfolio company of EQT Infrastructure. BGL's Environmental & Industrial Services investment banking team served as lead financial advisor to Circon in the transaction. The specific terms of the transaction were not disclosed.

Key Points: 
  • CLEVELAND, May 1, 2023 /PRNewswire/ -- Brown Gibbons Lang & Company (BGL) is pleased to announce the sale of Circon Holdings, Inc. (Circon), an industry leader in innovative waste management solutions and a portfolio company of Kinderhook Industries, LLC (Kinderhook), to Covanta Holding Corporation (Covanta), a leader in sustainable materials management and a portfolio company of EQT Infrastructure.
  • BGL's Environmental & Industrial Services investment banking team served as lead financial advisor to Circon in the transaction.
  • The addition of Circon marks the largest single acquisition for Covanta in two decades, bringing with it more than 600 new employees and 2,500 customers.
  • Circon amplifies Covanta's ability to provide more last-mile sustainability solutions to its blue-chip customer base and transform their waste into value-based materials.

McGrath Acquires Vesta Modular and Concurrently Divests Adler Tank Rentals

Retrieved on: 
Wednesday, February 1, 2023

Founded in 2014 and headquartered in Southfield, MI, Vesta is a leading provider of temporary and permanent modular space solutions.

Key Points: 
  • Founded in 2014 and headquartered in Southfield, MI, Vesta is a leading provider of temporary and permanent modular space solutions.
  • As of December 31, 2022 estimated, on a trailing 12-month basis, Vesta generated $40 million of EBITDA on $129 million of total revenue.
  • McGrath anticipates realizing $8 million of annual run-rate synergies by 2024 and $30 million of value from net operating losses.
  • “McGrath is a highly-respected leader in our sector with a tremendous culture and core values that align with those of Vesta.

Allstate welcomes asTech as a preferred diagnostic scanning provider for its Good Hands Repair Network

Retrieved on: 
Tuesday, November 15, 2022

PLANO, Texas, Nov. 15, 2022 /PRNewswire/ -- Repairify , a portfolio company of Kinderhook Industries, LLC ("Kinderhook"), today announced that Allstate has added asTech as a preferred diagnostic scanning provider for collision centers participating in its Good Hands Repair Network (GHRN).

Key Points: 
  • PLANO, Texas, Nov. 15, 2022 /PRNewswire/ -- Repairify , a portfolio company of Kinderhook Industries, LLC ("Kinderhook"), today announced that Allstate has added asTech as a preferred diagnostic scanning provider for collision centers participating in its Good Hands Repair Network (GHRN).
  • The partnership provides participating GHRN shops with preferred pricing for asTech devices and its menu of market-leading diagnostic services and capabilities.
  • asTech diagnostic reporting capabilities can be seamlessly integrated with market-leading estimatic providers, such as CCC Intelligent Systems and Mitchell International.
  • To learn more and see pricing offers for Good Hands Repair Network participating shops, go to asTech.com/allstate .

Introducing Repairify Institute: The New State-of-the-Art Training Program from Industry Disruptor Repairify

Retrieved on: 
Thursday, November 3, 2022

PLANO, Texas, Nov. 3, 2022 /PRNewswire/ -- Repairify™, Inc., a portfolio company of Kinderhook Industries, LLC ("Kinderhook") and industry leader in diagnostics, remote scanning and programming, automotive intelligence and calibration services, unveiled at the 2022 SEMA Show its plans to launch in 2023 the Repairify Institute, a comprehensive technical training program for automotive professionals designed to ensure service readiness.

Key Points: 
  • Repairify Institute will create multiple certification opportunities for the most important industry services, with specific academies and curriculums based around a variety of automotive service segments.
  • Automotive Training Group ("ATG"), a leading technical training company recently acquired by Repairify, will add advanced mechanical training to the program offerings.
  • Repairify, Inc., and its family of brands empower the automotive repair industry to master today's modern, data-intensive vehicles.
  • The Repairify family includes asTech, adasThink, AutoMobile Technologies (AMT), Automotive Training Group (ATG), BlueDriver, FleetGenix, MobileTechRX, and One Guard Inspections.

Repair OnDemand Connects Fleets, Auctions, Dealerships and More with a Nationwide Network of Sublet Repairers

Retrieved on: 
Wednesday, November 2, 2022

PLANO, Texas, Nov. 2, 2022 /PRNewswire/ -- Today, Repairify™, a portfolio company of Kinderhook Industries, LLC ("Kinderhook"), announced it has built and is now successfully operating a two-sided sublet repair marketplace called Repair OnDemand .

Key Points: 
  • Repair OnDemand is the trusted marketplace connecting sublet repair professionals with companies that have vehicles in need of repair, such as fleet owners, auction operators, dealerships, and independent repair facilities.
  • During 2022, the Repair OnDemand marketplace quickly proved itself as an effective and efficient resource for fleet owners, dealerships, auctions, and independent repair facilities to gain on-demand access to a trusted network of over 16,000 sublet automotive repair professionals.
  • Repair OnDemand helps automotive fleet owners, auction operators, dealerships, and independent repairers improve repair and reconditioning operations before, during, and after the repair.
  • Repair OnDemand is a trusted marketplace that connects sublet repair professionals with companies that have vehicles in need of repair, inspection, or both.

Repairify Introduces the asTech Mini - Innovative, Compact, Mobile Tool for Remote & Local Diagnostics

Retrieved on: 
Tuesday, October 25, 2022

PLANO, Texas, Oct. 25, 2022 /PRNewswire/ -- Sometimes big innovations are found in small packages. Today, Repairify™, a portfolio company of Kinderhook Industries, LLC ("Kinderhook"), introduced the asTech® Mini device, a powerful, compact, and comprehensive Bluetooth-enabled OBD II scanning solution for OEM and OEM-compatible* diagnostics.

Key Points: 
  • Today, Repairify, a portfolio company of Kinderhook Industries, LLC ("Kinderhook"), introduced the asTech Mini device, a powerful, compact, and comprehensive Bluetooth-enabled OBD II scanning solution for OEM and OEM-compatible* diagnostics.
  • Paired with the asTech mobile app, the asTech Mini delivers the functionality of thousands of OEM scan tools in a powerful, pocket-sized device.
  • "The asTech Mini delivers the remote OEM and local OEM-compatible diagnostic scanning that customers have come to expect in a much smaller package," said Maurice Tuff, Chief Marketing Officer, and Global Head of Tools for Repairify.
  • asTech Mini will be available to automotive and collision repair centers and multi-shop operators for order in 2023.

Repairify Announces New asTech All-In-One for Diagnostics, Calibrations, and Programming

Retrieved on: 
Wednesday, October 19, 2022

PLANO, Texas, Oct. 19, 2022 /PRNewswire/ -- Repairify™, a portfolio company of Kinderhook Industries, LLC ("Kinderhook"), today introduced the new asTech All-in-One solution for local and remote automotive diagnostics, calibrations, and programming to simplify the repair process.

Key Points: 
  • The asTech All-in-One is a comprehensive tablet-based solution with both local and remote capabilities, allowing for OEM and OEM-compatible* diagnostics, ADAS calibrations, and programming on a vehicle.
  • Repairify will demonstrate our ADAS identification and calibrations capabilities at the SEMA Show ADAS Feature (booth 36007) during the show.
  • By providing revolutionary OEM tool and validated OEM-compatible technology, services, and intelligence, Repairify helps automotive professionals run better businesses through improved diagnostics, calibration, programming, and workflow.
  • The Repairify family includes asTech, adasThink, AutoMobile Technologies (AMT), Automotive Training Group (ATG), BlueDriver, FleetGenix, MobileTechRX, and One Guard Inspections.

asTech is Simplifying Auto Repair with the Industry's Most Complete Diagnostic Solution

Retrieved on: 
Thursday, September 15, 2022

PLANO, Texas, Sept. 15, 2022 /PRNewswire/ -- asTech®, a Repairify™ company, today introduced industry-revolutionizing changes and expanded offerings that will dramatically streamline shop workflow with one-stop access to diagnostics, ADAS insights, calibrations, and programming for a shorter repair cycle and a more profitable shop.

Key Points: 
  • One of the most notable new offerings is asTech's patented diagnostic Rules Engine, now enhanced with the ability to customize.
  • The Rules Engine also allows shops to customize the conditions for the recommendation to suit their repair workflow.
  • Shop managers can have heightened confidence that asTech will help them make the best recommendation, with the added benefit of remote support from over 400 certified asTech technicians."
  • adasThink users can uncover the required calibrations, available tools, and OEM-specified procedures to safely repair and calibrate ADAS systems.