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Jan 21, 2025

Transaction Alert: Sale of a Private Equity Portfolio Software Company

Westlake Securities Wins Deal of the Year

ACG | Deal of the Year | Business Infrastructure Services | Heath Consultants Divestiture

Texas-Based Middle Market Investment Bank Recognized for Advising Heath Consultants on Strategic Divestiture of Its 811 Locate Services Division

HOUSTON, TX — Westlake Securities, a leading Texas-based middle-market investment bank, has been named the recipient of the Association for Corporate Growth (ACG) Houston Business Infrastructure Services Deal of the Year award. The recognition honors Westlake’s role as exclusive financial advisor to Heath Consultants,  a third-generation, family-owned Houston business with a 90+ year legacy in methane emissions management, on the sale of its 811 Locate Services Division to USIC, a national leader in underground utility locating services jointly owned by Partners Group and Kohlberg.

The annual ACG Houston Deal of the Year Awards celebrate outstanding middle-market transactions completed by ACG Houston members across multiple categories. The Business Infrastructure Services category recognizes deals that demonstrate exceptional execution, strategic value, and measurable impact within one of the region’s most competitive sectors.

Heath Consultants executed this divestiture to sharpen its strategic focus on innovation and leadership in its core methane emissions operations. The transaction was the result of a highly competitive process, deep sector expertise, and strong alignment between Heath’s strategic priorities and buyer demand, the defining factors of successful outcomes in today’s middle market.

“This recognition reflects the trust, expertise, and relentless focus on outcomes that honor what our clients have built,” said Matt Andersen, CEO of Westlake Securities. “A family-led, Texas business entrusted us with a pivotal transaction, and the results were recognized by peers and industry experts. That’s the kind of work we care about most.”

“Heath Consultants’ is a remarkable organization with a terrific Texas legacy,” added Jon D’Andrea, Managing Director of Westlake Securities. “We are honored that the team trusted us to lead this important transaction.”

 


About ACG Houston

The Association for Corporate Growth (ACG) Houston is the leading middle-market M&A community in the Houston region, bringing together investment bankers, private equity professionals, lenders, attorneys, accountants, and corporate executives. Its annual Deal of the Year Awards honor the most outstanding transactions completed by members during the year.

About Westlake Securities

Founded in 2003, Westlake Securities is a Texas-based investment bank serving middle-market CEOs, founders, and sponsors. The firm provides M&A advisory, capital raising, and strategic advisory services with deep experience in business infrastructure, manufacturing, and industrial services. Westlake’s senior deal team has led or co-led over $6.7 billion in transactions over their careers and is one of the few investment banks of scale in Texas to be owner-operated.

Questions? Contact info@westlakesecurities.com

 


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