HOUSTON AND PHOENIX, April 4, 2022 - D&H United Fueling Solutions, the leading provider of petroleum fueling and EV charging system service, equipment and installation in the Southwest, announced today that it has acquired Cochise Contractors, Services and Petroleum Equipment of Phoenix, AZ. Cochise is a full-service turnkey petroleum industry supplier covering the entire state of Arizona. The combined companies will have approximately 570 team members, including 400 field technicians with 16 branches operating across the Sun Belt and Mountain West. The acquisition of Cochise further diversifies the Company’s customer base, provides expansion in a key strategic growth market, and broadens the Company’s services. Brent and Apryl Erekson, founders of Cochise will continue with the business. Brent Erekson will become VP, Arizona Operations for the Company.
Bo Sasnett, CEO of D&H United, stated, “We are truly excited to welcome Brent, Apryl and the entire Cochise team to the D&H United family. Brent and Apryl founded Cochise over 36 years ago and have built a great company in our industry. I have always admired the work of the Cochise team. Cochise is the market leader in the high growth Arizona market and continues our recent growth in key strategic markets. Our growing scale, resources and coverage is beneficial for our team, customers and vendor partners.”
Brent Erekson, President of Cochise added, “We are excited to join the D&H United team. Both Apryl and I have known Bo and D&H for a long time. I could not think of a better fit for our company. They have a similar family-based culture and already understand our markets. This combination positions us with even greater strength and resources to help us continue our growth. Combined, we will have the largest coverage area and most resources in the Southwest.”
In February 2020, KLH Capital partnered with D&H United’s management team to recapitalize and continue the growth path of the Company. “Cochise is a natural strategic fit for D&H United. The acquisition adds both new customers and additional locations of existing customers as well as expands the Company’s product offering into additional services. We couldn’t be happier for Bo and our team as we continue to build the expanding footprint of the Company,” said James Darnell, Partner at KLH Capital.
For more information contact breichhold@dh-united.com or visit www.dh-united.com
About D&H United Fueling Solutions
D&H United Fueling Solutions is the leading provider of both petroleum fueling and EV charging system service, equipment and installation in the Southwest. D&H United is an authorized distributor and service provider for Gilbarco Veeder-Root as well as other major equipment brands. The company has 16 branches and 570+ employees operating throughout the Southwest. D&H United also provides compliance testing for tanks and lines in 25 states through its Valley Tank Testing subsidiary.
ABOUT COCHISE
Based in Phoenix, AZ, Cochise is a turnkey provider of service, equipment, and installation of retail fueling systems, contracting services, electrical and emergency backup generators to a diversified customer base, with an emphasis on complete life cycle support. With 70 employees across Arizona, Cochise has established itself as an industry leader with a respected reputation since the Company’s founding in 1986.
ABOUT KLH CAPITAL
Founded in 2005, KLH Capital is a private equity firm serving family- and founder-owned, lower middle-market companies in the specialty services, value-added distribution, and niche manufacturing industries. The firm makes majority and minority equity investments in U.S.-based businesses to support the company’s growth plans, provide ownership opportunities for key managers, and allow owners to harvest the value in their businesses.
Our commitment goes beyond financial support as we believe in establishing a collaborative team of peers, all of whom have a hand in the company’s progress. We believe that when we combine management’s industry and operational expertise with our own, the company’s full potential is unlocked and value is created.
Since its founding, KLH Capital has raised $520 million. For more on our investment approach, please visit our website: www.klhcapital.com. |
