Founded in 1996 and headquartered in Houston, Texas, Apache provides a comprehensive suite of services including scaffolding, coatings and linings, refractory, fireproofing and insulation to critical infrastructure across the petrochemical, chemical and other process and general industrial end markets.

MML led the acquisition of Apache in 2013 alongside the company’s management team and two of MML’s limited partners, including GoldPoint Partners. The sale of Apache follows a long history of successful investments for MML focused on energy and infrastructure in the Gulf Coast region, including CoreLabs, XServ (now part of the Brock Group) and TNT Crane & Rigging, in addition to its recent investment in Universal Plant Services.

Commenting on the transaction, Robert M. Davies, Managing Partner at MML said:

“Apache has experienced tremendous growth over the past few years thanks to the efforts of a very talented management team led by Mike Knigin. The company has differentiated itself by creating a culture of pride among its employees and a unique focus on addressing customer needs. We’re delighted to have had the opportunity to partner with Apache and wish the entire team continued success.”

Apache CEO Michael Knigin added:

“MML made an investment in Apache at an important inflection point in the evolution of our organization’s culture and market footprint. Their collaborative partnership during this transformative period for Apache has made a permanent and lasting impact on the architecture of our business and the industry.”

Harris Williams & Co.’s Energy, Power & Infrastructure Group, led by Drew Spitzer, Matt White, Tiff Armstrong, Chris Burnham and Adam Daigle, served as exclusive financial advisor to Apache. Winston & Strawn LLP, led by Chris Ferazzi, Dean Burau, Steve Flores, Alex Niebruegge, Michael Fillingame, and Brad Ratliff, served as the company’s legal counsel.