Pro-Vac Completes Acquisition of Hydromax

Pro-Vac, a leading provider of essential subsurface infrastructure services, announced today that it has acquired Hydromax, a leading provider of hydro excavation services in South Texas. The combination significantly enhances and expands Pro-Vac's scale and geographic reach.

The combination was supported by Gallant Capital Partners ("Gallant"), the majority owner of Pro-Vac, who will continue to invest significant capital into the combined business to further expand Pro-Vac.

"We are thrilled to further grow Pro-Vac's presence in Texas," Graham Gill, CEO of Pro-Vac, added. "Integrating Hydromax's high quality fleet into Pro-Vac's existing presence in Texas, coupled with Pro-Vac's diversified infrastructure services capabilities, will benefit existing customers of both companies."

"The acquisition of Hydromax is indicative of Pro-Vac's strength as a platform for growth. We look forward to continuing to accelerate growth within the subsurface infrastructure services market," said Anthony Guagliano, Partner at Gallant.

"Pro-Vac has done a phenomenal job of growing its presence in Texas by delivering a comprehensive suite of services to its customers," said Chris Suen, Managing Director at Gallant. "The acquisition of Hydromax further bolsters Pro-Vac's capabilities and cements its position as a leading provider of infrastructure services in Texas."

About Pro-Vac

Founded in 2002 with operations across Colorado, Texas, Washington and Virginia, Pro-Vac is a leading provider of essential subsurface infrastructure services. The company's service offerings include hydro excavation, stormwater and sewer systems maintenance, pipeline jetting, pipeline repair / grouting, CCTV pipe inspections, vacuum sweeping and other specialty services. Pro-Vac's customers include contractors, industrial, energy and utility companies. For more information, please visit: www.pro-vac.com

About Hydromax

Founded in 2018 and headquartered in Corpus Christi, Texas, Hydromax is a leading provider of essential subsurface hydroexcavation services. Hydromax's customers include contractors, industrial, energy and utility companies in the South Texas market.

About Gallant Capital Partners

Gallant Capital Partners is a private equity firm that makes control investments in industrial, business services, and technology companies. Gallant executes on an operationally focused investment strategy with a priority on partnering closely with companies that can benefit from its extensive industry relationships and operating expertise. The firm partners with management teams to maximize value and drive long-term, sustainable growth for its portfolio companies. Gallant Capital Partners was founded in 2018 and is headquartered in Los Angeles. For more information, please visit: www.gallantcapital.com