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Guardian Capital Partners Announces its Acquisition of Nwestco, LLC

Guardian invests in a leading provider of mission-critical maintenance, compliance, and installation services for the fuel station and car wash end-markets.

WAYNE, Pa.--(BUSINESS WIRE)--Guardian Capital Partners (“Guardian”), an operationally-focused private equity firm specializing in control investments in the lower middle market, has acquired Nwestco, LLC (“Nwestco” or the “Company”). Guardian partnered with Tim Gibbar (CEO), who will continue to lead the business and retain a significant ownership stake in the Company.

Nwestco (https://nwestco.com/) is a leading provider of fuel and car wash equipment, maintenance, compliance, and installation services throughout the western and Midwest regions of the United States. The Company has 30+ years of experience as the go-to provider of mission-critical services to fueling and car wash operators through a network of 11 branch locations and a team of over 100 specialized, highly-trained field technicians.

“Tim and the Nwestco team have established an incredible operation that is recognized industry-wide for its professional, high-quality approach and deep expertise,” says Ryan Northington, Partner at Guardian. “Nwestco and Guardian have developed a strategic plan focused on rapidly expanding the Company’s maintenance and compliance service offerings in core and adjacent geographies through organic initiatives and strategic M&A in a highly fragmented market.”

“Guardian’s approach and culture are a clear fit with Nwestco and we look forward to the partnership. Together we are focused on continued growth, expanding our offerings and capabilities, and building broader geographic reach. Guardian’s partnership, along with our growth and M&A strategy, will continue to help us scale and better serve our team members, customers, and the industry as a whole,” says Tim Gibbar, CEO of Nwestco.

Molly Borowski, Principal at Guardian, added, “We are excited to welcome Nwestco to the Guardian family and we look forward to “linking arms” with management to drive accelerated, strategic growth.”

Guardian was advised by Goodwin Procter LLP.

For more information about the transaction, please contact Ryan Northington (rnorthington@guardiancp.com) or Molly Borowski (mborowski@guardiancp.com) at Guardian Capital Partners.

About Guardian

Guardian Capital Partners is an operationally focused private equity firm based in suburban Philadelphia. Guardian makes control investments in lower middle market consumer, niche manufacturing, and specialty business services companies. Guardian partners with management teams to provide equity capital to fuel the growth of privately held businesses. We believe the private equity experience and complementary skill sets of the Guardian team provide a unique combination of operating and finance capabilities resulting in certainty of execution and meaningful long-term value creation for its portfolio companies.

Guardian Capital Partners is a Pennsylvania based investment advisor registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. Registration with the United States Securities and Exchange Commission does not imply a certain level of skill or training.

For more information about Guardian Capital Partners, visit www.guardiancp.com.

Contacts

Ryan Northington, rnorthington@guardiancp.com
Molly Borowski, mborowski@guardiancp.com

Guardian Capital Partners


Release Versions

Contacts

Ryan Northington, rnorthington@guardiancp.com
Molly Borowski, mborowski@guardiancp.com

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