Houlihan Lokey Advises K-Tec Earthmovers

Houlihan Lokey is pleased to announce that K-Tec Earthmovers (K-Tec), a portfolio company of Owner Resource Group (ORG), has been acquired by Kinperium Industries, Inc. (Kinperium). The transaction closed on January 31, 2022.

K-Tec Earthmovers comprises industry-leading earthmoving equipment brands: K-Tec and Ashland. Founded in 2000 and headquartered in Rosenort, Canada, K-Tec provides its customers with high-quality scraper equipment and earthmoving accessories for purchase through its authorized dealers around the globe. K-Tec provides an efficient solution to various heavy construction and mining operations.

Kinperium Industries, Inc., is a family office that invests in long-term sustainable businesses with strong management teams and potential for growth. Kinperium provides patient financial and intellectual capital to support portfolio companies. Existing Kinperium investments include Blue Giant Equipment Corporation, Blue Giant Lifts LLC (formerly Verti-Lift Inc.), and United Rotary Brush Corporation.

Owner Resource Group is an Austin, Texas-based private investment firm founded to bring superior, enduring results to privately held businesses. ORG partners with business owners and management teams, leveraging their shared values to help businesses pursue their objectives and accelerate the growth of their companies in a disciplined manner.

Houlihan Lokey served as the exclusive sellside advisor to K-Tec and assisted in marketing, structuring, and negotiating the transaction on behalf of the company. The transaction exemplifies the continued success of Houlihan Lokey’s dedicated coverage of the heavy equipment sector.