Harris Williams, a global investment bank in M&A advisory services, has advised Owen Equipment Company (Owen), a portfolio company of CenterGate Capital (CenterGate), on its sale to Wynnchurch Capital, Ltd (Wynnchurch).
Owen is an equipment platform providing critical infrastructure solutions to municipal, utility and commercial customers throughout the Western United States. The transaction was led by Luke Semple, Neha Shah, Trevor Casey and Phil Hart of the Harris Williams Energy, Power & Infrastructure (EPI) Group.
“With its comprehensive portfolio of highly specialised equipment, Owen is a vital partner with its customers to help safely and reliably operate, maintain and repair critical water, wastewater, utility and other infrastructure,” says Luke Semple, a Managing Director at Harris Williams. “During its partnership with CenterGate, Owen achieved remarkable growth, expanding into new equipment offerings and geographies.”
“As a market-leading platform, Owen is well-positioned to capitalise on long-term tailwinds across the markets it serves,” adds Neha Shah, a director at Harris Williams. “It was a pleasure working with Owen’s management team and CenterGate, and we look forward to following Owen’s continued success with their new partner.”
