October, 2021

Third Coast Capital Advisors served as exclusive financial advisor to AIMS Companies, a portfolio company of Sterling Investment Partners, in its acquisition of T. Gray Utility Co.  Our Acquisition Search services included identifying the target and making contact with its owner, as well as providing assistance on valuation, transaction structure and the negotiation and closing of the transaction. This transaction represents a good examples of our ability to identify and execute proprietary, strategic add-on acquisitions for private equity portfolio companies.  

T. Gray Utility Co., based in Cypress, Texas, is a leading provider of industrial services to the water, sewer and utility markets in South Central Texas.  Services include infrastructure coatings, relining of storm, sewer and water lines and heavy civil construction. 

AIMS Companies, based in Scottsdale, Arizona, is a leading national provider of infrastructure inspection, maintenance, and support services to the municipal, utility, industrial and energy markets. AIMS operates a fleet of over 400 units and a network of 15 branches across 10 states including Arizona, Texas, Georgia, California, Nevada, Oregon, New Mexico, Colorado, Oklahoma, and Alabama.