The Christopher Brothers

Solace Capital Partners-Backed Fabcon Precast Acquires Precast Division of The Bristol Group

Retrieved on: 
Monday, October 2, 2023

Solace Capital Partners, L.P. (“Solace”), a leading private equity firm focused on providing creative capital solutions for middle market companies, today announced its portfolio company Fabcon Precast, LLC (“Fabcon” or the “Company”) has acquired the precast division of The Bristol Group, Inc. (“Bristol Precast”), a Lexington, Kentucky-based manufacturer of engineered precast and prestressed concrete products.

Key Points: 
  • Solace Capital Partners, L.P. (“Solace”), a leading private equity firm focused on providing creative capital solutions for middle market companies, today announced its portfolio company Fabcon Precast, LLC (“Fabcon” or the “Company”) has acquired the precast division of The Bristol Group, Inc. (“Bristol Precast”), a Lexington, Kentucky-based manufacturer of engineered precast and prestressed concrete products.
  • Bristol Precast provides engineered precast and prestressed concrete products throughout Kentucky, Ohio, Indiana, Tennessee, Missouri, and West Virginia.
  • Bristol Precast has offices in Lexington as well as a state-of-the-art production facility in Charlestown, Indiana.
  • “Bristol Precast is highly complementary to Fabcon and shares the Company’s commitment to quality and end-to-end customer service.

Solace Capital Partners Sells Patriot Environmental Services

Retrieved on: 
Monday, August 15, 2022

Solace Capital Partners, L.P. (Solace), a leading private equity firm focused on providing creative capital solutions for middle market companies, today announced the sale of Patriot Environmental Services, Inc. (Patriot or the Company), a premier provider of comprehensive environmental services and emergency oil spill response, to Heritage-Crystal Clean, Inc. (Nasdaq: HCCI) for $156 million.

Key Points: 
  • Solace Capital Partners, L.P. (Solace), a leading private equity firm focused on providing creative capital solutions for middle market companies, today announced the sale of Patriot Environmental Services, Inc. (Patriot or the Company), a premier provider of comprehensive environmental services and emergency oil spill response, to Heritage-Crystal Clean, Inc. (Nasdaq: HCCI) for $156 million.
  • Under Solaces ownership, Patriots talented management team delivered on a strategic plan to meaningfully expand its footprint and solidify its position as the leading environmental services provider on the West Coast, said Christopher Brothers, Co-Founder and Managing Partner of Solace.
  • We look forward to Patriot flourishing under Heritage-Crystal Cleans ownership and continuing to provide premium services to our customers.
  • Solace Capital Partners is a Los Angeles-based private investment firm focused on providing flexible capital solutions for middle market companies in the United States and Canada.