Denver (2019) – Class VI Partners (formerly CapitalValue Advisors “CVA”) is pleased to announce the acquisition of LDIS, LLC (“LDIS”) by Tetra Tech, Inc. (“Tetra Tech”).
“Ben, Dawn, and the entire team at LDIS have built a top-notch design and engineering firm serving the oil and gas market. It was an absolute privilege to work with Ben and Dawn and find a partner in Tetra Tech that will support the LDIS team as they continue their expansion efforts,” said Danny Parkinson, Class VI Vice President.
“As we began our search for a buyer, Class VI was recommended to us by a mutual contact. We couldn’t have had a better recommendation! During this process, Danny and his team at Class VI went far above and beyond to support our goal and needs. Dawn and I couldn’t have been more pleased with their knowledge, understanding and patience with us during this process. Having Class VI on our side the entire time made us understand how important it is to have a team like them representing us. Danny, John and Cam were professional, they listened and most of all, performed above our expectations. We feel like they cared for our needs and concerns and we look forward to having a lasting relationship with Class VI,” said Ben Schwenk, Founder of LDIS.
Founded in 2003 by Ben and Dawn Schwenk as a design firm for the oil and gas industry, LDIS has added engineering and supplementary services to become an irreplaceable partner for its customer base. Today, the company employs more than 90 professionals providing design and engineering services within all major disciplines and a variety of related supplementary services primarily to midstream oil and gas companies across all major US basins.
Tetra Tech is a global leader in consulting, engineering, program management, and technical services with origins dating back to 1966. The company was originally founded to conduct theoretical research and applied science in the areas of water, hydrodynamics, and coastal engineering. Tetra Tech differentiates itself by “Leading with Science®.” The company’s involvement in projects typically begins at the earliest stages of the project life cycle. Tetra Tech offers its clients industry leading services by studying complex problems and applying the latest scientific tools and
methodologies. With over 18,000 staff and more than 400 offices worldwide, Tetra Tech supports commercial and government clients focused on the water, environment, infrastructure, resource management, and energy markets.
The transaction closed on April 1, 2019. Sherman & Howard LLC served as legal counsel to LDIS.
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.
Ben and Dawn Schwenk, Co-Founders of LDIS, are clients of Class VI Partners and is not being compensated for sharing their opinion and experience with the firm. Any compensation creates a conflict of interest. Comments by Ben and Dawn Schwenk 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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