Rock Hill Capital Group (Rock Hill) has finalised the sale of Alpha Technical Services Corporation, LC (ATS) to Quala, a specialist in bulk transportation container cleaning.
Based in Pasadena, Texas, ATS operates a full service state-of-the-art industrial cleaning facility specialszing in difficult cleaning projects requiring advanced cleaning techniques. ATS has the capabilities to clean the full spectrum of railcars and containers from the most basic washout to the most complicated or hazardous project. In addition, ATS performs railcar inspections, repairs, and requalification services. ATS’s repair facility is a certified AAR M-1002 Tank Car Facility and can provide HM-216 Tank Car Qualifications. ATS also has the capabilities to perform in-plant cleaning services to the petrochemical industry.
“We have enjoyed working alongside Mike Howerton and the ATS leadership team to expand ATS’s services during our investment and believe that the Company is an industry leader in the capabilities they provide to their customers,” says Randall B Hale, Founder and Managing Director of Rock Hill. “We believe Quala is a great partner to capitalise on ATS’s success and to expand its capabilities to additional locations and markets.”
“We appreciate the partnership we have had with Rock Hill over the last six years and look forward to our relationship with Quala. The combination of ATS’s deep expertise in railcar cleaning combined with Quala’s broad footprint represents an exciting opportunity to continue growing outside the Gulf Coast area,” says Mike Howerton, ATS’s CEO.
Winston & Strawn LLP acted as legal counsel and SunTrust Robinson Humphrey, Inc. acted as exclusive financial advisor to ATS.
