Rock Hill News & Portfolio News
Rock Hill Capital Announces Investment in Big City Access
Houston, TX (January 12, 2016) – Rock Hill Capital Group (“Rock Hill”) today announced that it has completed a majority recapitalization of Big City Access, Inc. (“BCA” or the “Company”), a leading provider of scaffolding and access equipment services primarily in the commercial market along the Gulf Coast and throughout Texas.
BCA was started in 2002 by Founder and President, Barbara Roberts, and is headquartered in Houston, Texas with an additional office in Universal City, Texas. The Company provides a broad array of scaffolding rental equipment, including frame, system, suspended scaffolds, along with shoring, safety and bridge access equipment. Erection, dismantling and inspection services are also provided for its customers. Mrs. Roberts and her leadership team draw on over 150 years of combined industry experience to provide best-in-class equipment and services across Texas and the Gulf Coast. BCA is one of only three accredited training institutes recognized by the Scaffold & Access Industry Association in the state of Texas, a distinction held by only 52 companies across the United States. Additionally, subsequent to closing, former President and CEO of Safway Services, Marc J. Wilson, will serve as a strategic advisor and Board Member of the Company.
“We are extremely excited to partner with Barbara and her team. She represents the type of entrepreneur-partner Rock Hill looks for when making investments. The BCA team has built a great business, and we look forward to helping them grow geographically and into new products and services,” said Jeffery S. Christman, Managing Director of Rock Hill.
“Rock Hill is the ideal partner to help us continue to grow Big City and expand our services portfolio for our customers. Our culture fits very well with Rock Hill – they’re local, tied into the community, hands-on and personally committed to our business and our customers. I couldn’t be more excited about the future of the Company,” commented Barbara Roberts.
Debt financing, legal representation and investment banking services for the transaction were provided by Texas Capital Bank, Winston & Strawn and Statesman Corporate Finance, respectively.
About Rock Hill Capital
Founded in 2008, Rock Hill Capital Group, LLC is a private equity firm that targets investments in the growing middle to lower middle market with enterprise values up to $75 million. Rock Hill assists successful entrepreneurial companies located in the southern United States to continue to grow and expand.
Currently, Rock Hill has over $140 million of committed capital under management through Rock Hill Capital I, L.P. and Rock Hill Capital II, L.P. Other current portfolio companies include Alpha Technical Services Corporation LLC, Applied Global Technologies, Inc., Big Lake Services, SouthWaste Services Holdings, LLC, Diversified Well Logging, LLC, Tideland Signal Corporation, Core International, LLC, Duracoatings Holdings, LLC, Park Energy Services, Rail Service & Logistics, LLC and JPH Holdings, LLC.