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Comvest Credit Partners Announces Investment In Kgm

Feb 16, 2022over 3 years ago
West Palm Beach

Description

Comvest 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 Information

Company

Kgm

Location

West Palm Beach, Florida, United States

About

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.