Fenceworks Strengthens Position with Kansas Fencing Acquisition
Deal News | Feb 20, 2025 | Gemspring Capital
Fenceworks, a portfolio company of Gemspring Capital, has announced its acquisition of Kansas Fencing, expanding its footprint in the commercial and rental fencing markets. Kansas Fencing, founded in Topeka, Kansas in 2003, is known for its expertise in commercial fencing solutions. This acquisition bolsters Fenceworks' position as a multi-state leader, adding Kansas Fencing's experience and customer relationships to its growing platform. Dirk Henderson, owner of Kansas Fencing, sees the partnership as an opportunity to leverage Fenceworks' expertise while maintaining quality service in local communities. The buyout represents Fenceworks' strategy to enhance its capabilities and expand its market presence across the U.S.
Sectors
- Construction Services
- Private Equity
Geography
- United States – Fenceworks and Kansas Fencing operate across multiple states in the U.S., with headquarters in California and Kansas respectively.
Industry
- Construction Services – The focus on fence installation and distribution positions both Fenceworks and Kansas Fencing within the construction services industry.
- Private Equity – Gemspring Capital, a private equity firm, owns Fenceworks, highlighting the financial investment and strategic growth aspects within private equity.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Fenceworks | Acquirer | Company | A leading fencing installer and distributor, part of Gemspring Capital's portfolio. |
| Kansas Fencing | Target company | Company | A premier provider of commercial fence installation and rental fencing solutions based in Topeka, Kansas. |
| Gemspring Capital | PE Firm | Company | A Westport, Connecticut-based private equity firm managing $3.8 billion of capital, focusing on middle-market companies. |
| Jason Ostrander | CEO | Person | CEO of Fenceworks, overseeing the acquisition and integration of Kansas Fencing. |
| Dirk Henderson | Owner | Person | Owner of Kansas Fencing, part of the management team joining forces with Fenceworks. |