Case Study

Following Viking Fence Company’s recapitalization with Crossplane Capital, Westlake Securities continued as exclusive financial advisor, this time on the buy-side, advising Viking on its strategic acquisition of Acorn Waste Solutions, a trusted provider of waste management, sanitation services, and event rentals throughout Central Texas.

With Crossplane Capital’s financial and operational resources behind it, Viking Fence Company entered an active acquisition phase, focused on identifying highly complementary businesses that could expand its site services platform across Texas. Viking’s existing temporary and permanent fence, sanitation rental, and building products operations made it a natural acquirer of businesses serving adjacent segments within the commercial and residential construction ecosystem.

Acorn Waste Solutions was a highly strategic fit, a Central Texas provider of waste management, sanitation services, and event rentals with strong local relationships and a service line that complemented Viking’s existing sanitation rental operations.

Westlake’s Role: Westlake Securities served as exclusive financial advisor to Viking Fence on the buy-side, identifying Acorn Waste Solutions as a target, supporting the negotiation, and advising through close. The Acorn acquisition is an example of Westlake’s ability to serve clients across the full transaction lifecycle, in this case transitioning from sell-side advisor on Viking’s recapitalization to buy-side advisor on its first platform acquisition.

The Outcome: Viking Fence successfully acquired Acorn Waste Solutions, expanding its footprint in waste management, sanitation, and event rentals throughout Central Texas. The combined company strengthened Viking’s position as a comprehensive site services provider across Texas’s fastest-growing commercial and residential construction markets.