Comvest Credit Partners Announces Investment In Kgm
02/16/22, 9:00 AM
Location
west palm beachComvest Credit Partners (“Comvest”), a leading provider of flexible financing solutions to middle-market companies, has acted as Administrative Agent in providing a $55 million senior secured credit facility (the “Financing”) to Wilnat, Inc. (d/b/a “KGM”), a Tulsa, Okla.-based provider of measurement and regulation equipment and related services to the natural gas utility industry. The Financing was used to support the acquisition of KGM by Compass Group Equity Partners (“CGEP”), a private equity firm.
Company Info
Location
west palm beach, florida, united states
Additional Info
KGM also provides servicing and technical refurbishment of meters and ancillary measuring equipment. Founded in 2000, KGM is a value-added distributor of a full suite of measurement products for gas distribution utilities, commercial and industrial customers, municipalities, and pipeline operators, primarily in the central and southern United States. About KGM: KGM is a value-add distributor and servicer of meters, regulators, valves, and other measuring devices primarily serving utility and municipality customers throughout the United States.