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Austin, Texas—July 15th, 2025 Westlake Securities (“Westlake”), a leading middle market investment bank, is pleased to announce the successful acquisition of the 811 Locate Services Division of Heath Consultants (“Heath”) by USIC, a national leader in underground public utility locating services jointly owned by Partners Group, acting on behalf of its clients, and Kohlberg.
Headquartered in Houston, Texas, Heath is a third-generation, family-owned business with a 90+ year legacy in methane emissions management. The divestiture of its Locate Services Division marks a strategic step in enhancing Heath’s focus on innovation and leadership in methane emissions detection and management.
“This divestiture reinforces our commitment to our core mission—delivering exceptional value through industry-leading technology and leak detection services and further solidifies our position as a market leader in methane emissions management,” said Carolyn Heath Haag, President and Chairwoman of Heath.
Drew Sitgreaves, Chief Executive Officer of Heath, added, “Westlake was instrumental in driving this transaction to a successful close. Their deep knowledge of the utility services sector and proven track record with family-owned businesses brought tremendous value throughout the process. We’re grateful for their partnership and expertise in navigating a pivotal milestone for our company.”
Westlake served as the exclusive financial advisor to Heath in this transaction.
For more information about this transaction—or to explore strategic options for your company—please contact [email protected].
About Heath Consultants
Heath Consultants Incorporated, a third-generation, family-owned business founded in 1933, is recognized as a pioneer in the methane leak detection industry. The company plays a pivotal role in shaping the utility-related methane detection sector as we know it today. Heath designs, manufactures, and delivers a comprehensive portfolio of advanced methane detection technologies—each purpose-built to reduce environmental impact and safeguard public safety. Beyond cutting-edge products, Heath offers end-to-end methane leak detection and field services to the natural gas industry nationwide, powered by a skilled network of certified technicians. With strategically located service centers and sales support, Heath sets the standard in innovative methane emissions management solutions. For more information, visit heathus.com.
About USIC
USIC is a leading provider of underground utility damage prevention services with more than 10,000 employees and operations in 48 states and corporate headquarters located in Indianapolis, Indiana. The company, which serves more than 1,400 telecommunications, electric, gas, water, and sewer utilities, as well as municipalities, performs over 80 million locates each year. Additionally, USIC provides a range of advanced infrastructure services performed by its affiliate companies, Blood Hound, Reconn Utility Services, and On Target Utility Services. USIC is jointly owned by Partners Group, acting on behalf of its clients, and Kohlberg. Partners Group originally invested in USIC in 2017 and partnered in November 2022 with a Kohlberg-led consortium, including funds managed by Mubadala and Neuberger Berman. For more information, visit usicllc.com.
About Westlake Securities
Westlake Securities is a leading middle market investment bank based in Austin, Texas, that provides a comprehensive suite of investment banking services to companies throughout the United States. The firm focuses on mergers and acquisitions, private capital placements, restructuring advisory, management and growth consulting, and on-site and remote fractional c-suite roles for a broad array of industries. To learn more, visit westlakesecurities.com.