K2 Industrial Services, Inc. is one of the largest outsourced industrial services providers in the U.S. K2 performs cleaning, coating, insulation, scaffolding and roofing work, much of which is recurring in nature, in more than 700 facilities. The company serves a diverse array of customers in a number of industries, including refining, petro-chemical, specialty chemical, power generation, steel and paper. The company has 22 branch locations across the U.S., allowing it to serve Fortune 500 customers nationwide, including many on an exclusive or preferred basis. K2 has significant operations in the Great Lakes, the Gulf Coast, Southern California and the Mid-Atlantic.
Criteria for add-ons:
- Providers of outsourced industrial services, including cleaning, coating, and multi-craft, to the petro-chemical, refining, power generation, pulp and paper, and steel industries
- Minimum EBITDA > $2 mm
- Geographic focus: U.S. and Canada