Mergers & Acquisitions

GPRS Forms Strategic Partnership With Roark and Kohlberg

6599 GPRS NT

M&A Engagement Overview

Industry Group: Energy, Power & Infrastructure
Areas of Focus: Utility Services, Specialty Services

The reliability of our critical infrastructure is more important today than ever. In a world of increasing complexity and evolving technology, GPRS’s ability to deliver extremely accurate and fast subsurface visualization to create safer infrastructure, decreased downtime, and lower costs is especially important. GPRS, Roark, and Kohlberg share a vision for innovation, growth, and operational excellence, and we see tremendous opportunity ahead for the GPRS team.

Harris Williams advised GPRS Holdings on their strategic partnership with Roark Capital and Kohlberg. Kohlberg, the previous majority owner of the company, will remain a minority investor and partner with Roark to further accelerate growth. The company’s management team, led by CEO Matt Aston, will continue to lead GPRS and remain significant owners of the business.

GPRS provides subsurface damage prevention, existing conditions documentation, and facility management solutions to utilities, contractors, engineers, and businesses in every major market in the United States. The company is an established leader in the industry and has grown and expanded during its collaboration with Kohlberg. GPRS’s unique offerings provide a compelling value proposition to thousands of clients around the country and help them maintain high standards of safety.

Roark is recognized for working with companies to accelerate growth, and GPRS’s service delivery model, culture, and track record of the highest quality in the industry align perfectly with Roark’s investment philosophy. With the support of Roark and Kohlberg, GPRS will continue to expand and deliver industry-leading services to both new and existing customers.

Contact the Harris Williams Energy, Power & Infrastructure Group to learn more about this client engagement.

Harris Williams is a global investment bank specializing in M&A and private capital advisory services. Clients worldwide rely on us to help unlock value in their business and turn ambitious goals into reality. We approach every engagement with boundless collaboration, pooling expertise and relationships across industries and geographies. For over 30 years, our clients have trusted us to think strategically, execute precisely, and deliver superior outcomes to help them grow.


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