2019

Industry: Specialty Contractor – Directional Boring

Location: Olathe, KS

Seller: K&W Underground, Inc.

Buyer: Mitts Investments

The DVS Group’s Role: Sellside Representation

The Deal:
After 44 years of successful operations, the owner of K&W Underground sought a transition plan that would position the company for long-term success. Following an initial attempt to establish an ESOP, the owner ultimately chose to pursue a sale to a group combining internal management and external investment partners. The DVS Group facilitated a transaction that brought together Mitts Investments and key operators, many of whom had longstanding relationships with the business and its leadership. The deal leveraged deep personal and professional connections among the parties and ensured continuity of operations, positioning the company to thrive under new ownership.

About The DVS Group:
The DVS Group is a professional lower middle market M&A services firm based in Kansas City. We represent both buy-side and sell-side clients domestically and internationally, focusing primarily on businesses with $10M-$250M in revenue. As industry generalists, we specialize in a highly customized approach to owners exiting their business, and proprietary (off-market) deal-flow for our buyers. With over two decades refining our process, the DVS Group is your key to achieving unparalleled growth through acquisition, or a smooth transition through the sale of your business.