Houlihan Lokey Advises USA DeBusk

Houlihan Lokey is pleased to announce the sale of USA DeBusk to H.I.G. Capital (H.I.G.). Prior to the sale, the company was a management majority-owned business with strong financial support from First Reserve, Alston Capital, and others. The transaction closed on April 30, 2024.

Founded in 2012, USA DeBusk provides a comprehensive suite of industrial cleaning and infrastructure maintenance services to a diverse, blue-chip customer base across a broad range of end markets, including chemicals, renewable fuels, refining, and power generation. Headquartered in Deer Park, Texas, USA DeBusk operates from a network of 39 offices across the United States and employs more than 2,500 full-time employees. USA DeBusk’s executive team, led by CEO Andrew DeBusk, will continue to lead the company and remain significant shareholders.

H.I.G. is a leading global alternative investment firm with $60 billion of capital under management. Based in Miami, and with offices in Atlanta, Boston, Chicago, Dallas, Los Angeles, New York, and San Francisco in the United States, as well as international affiliate offices in Hamburg, London, Luxembourg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro, São Paulo, and Dubai, H.I.G. specializes in providing both debt and equity capital to middle-market companies, utilizing a flexible, operationally focused, and value-added approach. Since its founding in 1993, H.I.G. has invested in and managed more than 400 companies worldwide. The firm’s current portfolio includes more than 100 companies with combined sales in excess of $53 billion.

Houlihan Lokey served as the lead financial advisor and assisted in marketing, structuring, and negotiating the transaction on behalf of USA DeBusk. This transaction highlights Houlihan Lokey’s preeminent position and continued success advising clients in the environmental services sector, having successfully advised on 18 closed transactions since the beginning of 2023.

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