BaseRock Partners Advises KW Services on its Sale to Mid-Am Building Solutions

DENVER, CO (June 23, 2023) – BaseRock Partners (“BaseRock”) is pleased to announce the sale of KW Services, LLC (“KW Services”), a portfolio company of First Capital Partners and Aldine Capital Partners, to Mid-Am Building Solutions, LLC, the Midwestern platform of Craft Work Capital. BaseRock Partners served as the exclusive financial advisor to KW Services for this transaction.

Headquartered in South Bend, Indiana, KW Services is a leading provider of mission-critical mechanical and electrical design, installation, and maintenance services. For more than 100 years, the company has served industrial, commercial, and institutional clients across the Midwestern United States with a focus on reliability, safety, and customer service.

“BaseRock’s industry experience was invaluable in helping us navigate the sale of KW Services,” said Andy Kemp, Managing Director at First Capital Partners. “BaseRock’s guidance and support were instrumental in achieving a successful outcome for all parties involved.”

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About BaseRock Partners

BaseRock Partners is a full-service investment bank built to serve the engineering and construction industry. BaseRock advises clients using a team-oriented approach that combines decades of industry expertise, deep industry relationships, and unique transaction capabilities specifically designed to meet the needs of companies serving the engineering and construction market.

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Matthew Drake

Co-Founder & Partner