We are pleased to announce the sale of K2 Industrial Services, Inc. (“K2”) to The Halifax Group. K2 is a market leading provider of mission critical outsourced services to industrial facilities located throughout the United States and in the Bahamas. The transaction allowed CRP to realize an attractive return on its investment in K2.
K2 Industrial Services (www.k2industrial.com) is one of the largest outsourced providers of industrial services in the U.S. with a leading reputation for superior quality, reliability, technical expertise and safety over its 100+ year operating history. The Company provides mission-critical industrial cleaning, coating, insulation and related ancillary services to customers in the power generation, steel, petrochemical, chemical, pulp and paper and government sectors.
Capital Resource Partners originally invested in K2 in 2003 and has realized its equity and debt interests through this transaction