Fusion Capital Partners has acquired a majority equity interest in Relevant Industrial from LKCM Headwater Investments, while LKCM will maintain a minority equity interest in the company in partnership with Fusion Capital.
Relevant Industrial, a provider of industrial equipment and services, operates in various sectors including refining, petrochemical, renewable energy, food processing, and municipal infrastructure.
Relevant has completed multiple add-on acquisitions under LKCM ownership, with Recent acquisitions including Controlled Fluids and Rawson/ICD.
Fusion's co-managing partner, Matt Brown, expressed excitement about the acquisition, emphasizing the company's belief in Relevant's strong market position and growth potential, aiming to support its journey toward market leadership.