D&H United Acquires Precision Tank Service
D&H United Acquires Precision Tank Service
D&H United Acquires Precision Tank Service
Houston, Texas, March 1, 2024 – D&H United (“D&H”), a portfolio company of Wind Point Partners (“Wind Point”) and a leading provider of mission-critical maintenance, testing and inspection services for fueling stations and electric vehicle charging infrastructure, is pleased to announce the acquisition of Precision Tank Service ("PTS").
Founded in 1989 and headquartered in Cornelius, North Carolina, Precision Tank Service offers complete UST testing services including monthly, annual and periodic testing required for tanks and associated piping, sensors and equipment. PTS is a regional leader in regulatory compliance for the petroleum fueling industry and boasts a diverse customer base across North Carolina, South Carolina, Virginia and Georgia with more than 50 percent of their clients being single-location, independent owners.
Precision Tank Service will be integrated into Compliance Service Division of D&H United. The combined companies will have over 1,250 team members, including 850 field technicians and 34 offices operating across the United States. The acquisition of Precision Tank Service further strengthens D&H’s market presence in the Southeast and Mid-Atlantic.
The acquisition of PTS solidifies D&H as the national leader in fueling station compliance services and complements prior acquisitions of Tanknology, Valley Tank Testing and PS&C. Precision Tank Service provides additional scale and coverage to the Company’s compliance services division, which now has a total of 465 employees, including 340 field technicians, dedicated to the compliance service business.
“We are honored to welcome the Precision Tank Service team to our D&H United family," said Tracy Long, D&H United CEO. "PTS is a highly respected company with a 35-year history in our industry. They have a talented team who are known for quality work and excellent customer service. Our companies have similar values with a focus on taking care of our people and providing excellent service to our customers.”
Precision Tank Service is the fourth acquisition for D&H since partnering with Wind Point in September of 2022 and the ninth acquisition since the company’s founding in 2015. D&H’s acquisition strategy will continue to focus on partnering with companies that provide mission-critical maintenance, testing and compliance services for fueling and electric vehicle charging infrastructure.
About D&H United Fueling Solutions
D&H United Fueling Solutions is a leading provider of both petroleum fueling and EV charging system service, equipment and installation, and compliance services. D&H United is an authorized distributor and service provider for Gilbarco Veeder-Root as well as other major equipment brands. The company has 34 branch offices and 1,250 employees.