Kelvin Group Expands with Acquisition of JS Compliance
Deal News | Nov 25, 2024 | Southfield Capital Advisors LL
Southfield Capital, a prominent private equity firm focusing on lower middle market companies, announced that Kelvin Group, a significant player in industrial and commercial mechanical services, has acquired JS Compliance, LLC (JSC). JSC is a consultancy that provides process safety management, health safety, environmental, and hazardous materials compliance services across the U.S. This acquisition marks Kelvin's thirteenth acquisition under Southfield and is intended to enhance Kelvin's service offerings in compliance and extend its geographic reach. Jeanette Jet Stiffler, JSC's founder, endorsed the alignment in mission and values with Kelvin, emphasizing the expanded support for employees and clients. Harry Gray, CEO of Kelvin, highlighted the strategic fit of JSC in broadening Kelvin's compliance management capabilities. Southfield's Principal, Chris Grambling, remarked positively on the addition, seeing it as a strengthening of Kelvin's industry leadership. G2 Capital Advisors and Finn, Dixon & Herling were involved as advisors and legal counsel, respectively.
Sectors
- Mechanical Services
- Compliance and Risk Management
- Private Equity
Geography
- United States – Kelvin Group operates across the U.S. and JS Compliance provides nationwide services.
Industry
- Mechanical Services – Kelvin Group specializes in industrial and commercial mission-critical mechanical services.
- Compliance and Risk Management – JS Compliance offers consultancy in process safety management and hazardous materials compliance.
- Private Equity – Southfield Capital is a private equity firm investing in lower middle market companies.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Kelvin Group | Acquirer | Company | A leader in industrial and commercial mechanical services. |
| JS Compliance, LLC | Target Company | Company | Nationwide consultancy in process safety and risk management. |
| Southfield Capital Advisors LLC | Private Equity Firm | Company | Private equity firm supporting Kelvin Group's acquisitions. |
| G2 Capital Advisors | Buy-side Advisor | Company | Advised Kelvin Group on the acquisition. |
| Finn, Dixon & Herling | Legal Counsel | Company | Provided legal counsel to Kelvin and Southfield Capital. |
| Jeanette Jet Stiffler | Founder and President of JS Compliance | Person | Endorsed the acquisition by Kelvin Group. |
| Harry Gray | CEO of Kelvin Group | Person | Commented on the strategic value of the acquisition. |
| Chris Grambling | Principal at Southfield Capital | Person | Provided remarks on the acquisition's alignment with Kelvin's strategy. |