Align Capital Partners Invests in Environmental Solutions
In a significant move towards promoting sustainable practices, Align Capital Partners (ACP) has made an announcement regarding its acquisition of MKB Company, renowned for its quality products in erosion control and pollution prevention. This acquisition marks a transformative milestone not only for MKB but also for the overall environmental solutions market.
About MKB Company
Founded in 2012, MKB Company has established itself as a prominent manufacturer of products designed to aid in erosion control and stormwater management. Operating out of 17 facilities, MKB caters to diverse applications that adhere to both federal and state environmental guidelines. With a workforce of over 220 dedicated employees, MKB prides itself on its innovative approaches and exceptional customer service, ensuring top-notch solutions for various businesses.
Leadership Views on the Acquisition
MKB’s President and Chief Revenue Officer, Rob Misso, expressed enthusiasm about the partnership with ACP, stating, "The partnership with ACP marks an exciting new chapter for MKB. We were fortunate to find a local partner... who is committed to our growth and success." This statement reflects the promising outlook and aspirations MKB holds for advancing its business.
Strengthening Distribution and Services
Through the support of the experienced team at ACP, MKB plans to enhance its service capacity on a national scale. CEO Rick Costello commented on the collaboration, noting, "The capital support and operating resources of ACP will help MKB better serve our customers on a national basis." This collaboration aims to provide increased value not only to MKB but also to its customers and stakeholders.
The Future of MKB Under ACP
With a successful history of acquisitions and a robust distribution network, MKB is in an excellent position to leverage its growth potential. ACP Partner Matt Beesley mentioned, "We’re excited to back a team that has already done a terrific job scaling the Company... MKB’s strong distribution relationships and regulatory demand drivers position the Company well for continued growth." This showcases the confidence ACP has in MKB and their shared vision for future advancements.
Looking Ahead
Moving forward, ACP and MKB will collaborate closely to explore further mergers and acquisitions within the sectors of erosion control, pollutant removal, and stormwater management product lines. The strategic insight from both parties is expected to fuel fresh opportunities and expansion.
Conclusion
MKB Company remains dedicated to its mission of innovating environmental control products that help contractors and distributors meet the growing demands for sustainable solutions in the marketplace. As they embark on this new venture with Align Capital Partners, their mission and objective of providing exceptional products will continue to thrive.
Frequently Asked Questions
What is the focus of Align Capital Partners after acquiring MKB Company?
Align Capital Partners aims to enhance its environmental solutions and support MKB Company's growth in the erosion control and pollution prevention market.
When was MKB Company established?
MKB Company was established in 2012 as a result of the strategic investment in MAZCON by the Kurtz Brothers.
What are some products manufactured by MKB Company?
MKB Company manufactures various products, including compost filter socks and erosion control blankets, aimed at environmental protection.
How many facilities does MKB operate?
MKB operates 17 facilities across 14 states, enhancing its capacity to serve a national customer base.
Who is involved in the leadership of MKB Company?
The leadership of MKB includes President Rob Misso and CEO Rick Costello, both committed to fostering innovation and exceptional customer service.