Wynnchurch Capital, L.P., a leading middle market private equity firm, has partnered with management to invest in Owen Family of Companies.
Founded in 1958 and headquartered in Vancouver, Washington, Owen is a leading provider of critical infrastructure equipment, aftermarket parts and services including street sweepers, sewer cleaners, hydro excavators, specialty drilling equipment, and vegetation management equipment.
“The entire Owen team is thrilled to partner with Wynnchurch to accelerate growth through continued investment in our team, capabilities, and product offering,” said Earl Rose, CEO of Owen. Earl added, “We have built strong relationships with our customers by offering premium equipment, technical expertise and unparalleled service. Wynnchurch shares our goal of helping customers safely and reliably operate, maintain and repair critical water, wastewater, utility and other infrastructure.”
Greg Gleason, Managing Partner at Wynnchurch, said, “We’re excited to partner with Earl and his team to continue their track record of success and build a market leading specialty equipment provider for essential municipal, utility and infrastructure applications.” Brian Riordan, Principal at Wynnchurch, commented, “Owen has a strong position in the market with its broad portfolio of specialized equipment and unique service and technological capabilities.” JD Frank, Vice President at Wynnchurch, added, “We look forward to working with the team to grow the core business and expand into new geographies and products.”