Exclusive Financial Advisor
DENVER (2017) – Class VI Partners (formerly CapitalValue Advisors (“CVA”)) is pleased to announce the recapitalization of EcoVapor Recovery Systems, LLC (EcoVapor or the Company) by EIV Capital (EIV). Class VI Partners served as the exclusive financial advisor to EcoVapor.
“We are really excited for the EcoVapor team – EIV is going to be a terrific partner for them as they continue their mission to reduce or eliminate gas flaring at oil and gas production sites,” said David Tolson, Class VI Managing Director. “We are fortunate to have been given the opportunity to work with Marker Hill Capital and the other investors to help find the business a new capital partner. The management team has executed their plan with great passion, and the market reception has been exceptional. EcoVapor is doing big things to make our air cleaner and energy producers more efficient; we could not be more excited to watch their continued growth and success with a new partner.”
“Class VI’s staff conducted the process from beginning to end with total professionalism. They quickly came to understand our business as well as us. We were very well represented at every step of the process. EIV Capital is a great partner and we look forward to growing EcoVapor with them,” said Peter Mueller, Co-Founder and CEO of EcoVapor.
Business Recapitalization
Incorporated in 2010, EcoVapor is a leader in the oil and gas recapture and emission control market. Based in Denver, Colorado, the Company’s solutions allow customers to economically control vapor emissions and remove oxygen from recovered natural gas at oil and gas production sites. Founded by father and son, Peter and Hans Mueller, the Company is known as a technical leader in the industry for its innovative, market-leading vapor recovery products. The Company’s technology makes zero emissions a possibility at new well sites.
“EIV is the exact partner EcoVapor needs at this stage of our growth. They enthusiastically support our vision and are positioned to meet EcoVapor’s capital needs as we build and deploy our next-generation fleet of emissions capture and oxygen removal equipment,” said Hans Mueller, Co-Founder of EcoVapor. “Class VI’s strategic approach and expertise in every stage of the process allowed EcoVapor to match with a quality, growth-focused financial partner like EIV. In Class VI’s good hands, we were able to maintain a customer and operations-based focus throughout the transaction.”
In 2011 and 2013, Marker Hill Capital, a family office based in Denver, Colorado specializing primarily in capital-driven growth transactions, invested equity growth capital in the Company. Marker Hill served as a key partner to the management team in the early growth and success of EcoVapor.
“We are very pleased to have been able to assist EcoVapor in its early stages and look forward to their continued success with EIV. Class VI was very professional, a pleasure to work with, and provided great advice and guidance throughout the process,” said Tom Juracek, Managing Director of Marker Hill Capital.
EIV is a private equity firm based in Houston, Texas, specializing in the midstream and downstream segments of the energy market. EIV is an investor-centric private equity firm with diverse team experience. EIV aims to provide valuable, practical solutions and advice to its portfolio companies based on its operational and financial experience.
The transaction was closed on May 31, 2017. Fairfield and Woods in Denver served as legal counsel to EcoVapor.
About Class VI Partners
Class VI provides middle-market investment banking services, including mergers and acquisitions advisory, corporate advisory, business valuation, and private capital raising services through its affiliate, Class VI Securities, LLC and Member FINRA. Class VI is also affiliated with and offers wealth management services through Class VI Family Office, LLC, a Registered Investment Advisor with the Securities & Exchange Commission.
Peter Mueller, Co-Founder and CEO of EcoVapor, Hans Mueller, Co-Founder of EcoVapor, and Tom Juracek, Managing Director of Marker Hill Capital are clients of Class VI Partners and are not being compensated for sharing their opinion and experience with the firm. Any compensation creates a conflict of interest. Comments by Peter Mueller, Hans Mueller, and Tom Juracek may not be representative of any other person’s experience with the firm and are no guarantee of future performance or success.
Additional Disclosures
Investment advisory services offered through Class VI Partners’ affiliate Class VI Family Office, LLC, a Registered Investment Adviser with the U.S Securities and Exchange Commission. Class VI Partners offers investment banking and private securities transactions through its affiliate, Class VI Securities, LLC. Class VI Securities, LLC is a registered broker/dealer and member of the Financial Industry Regulatory Authority (FINRA). Class VI Pathfinder, LLC provides general business consulting to privately held businesses. Collectively these entities are referred to herein as “Class VI”.
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