Sound Growth Partners has acquired Hydro-Vac Holdings, operating as RK HydroVac. The investment was fully funded by Sound Growth Partners and its co-investors through the firm’s One-Stop Buyout structure.
Headquartered in Piqua, Ohio, RK HydroVac provides roof preparation services to support the repair and replacement of low-slope ballasted roofs across the United States. Founded in 1981, the company delivers dry and wet vacuum services, ballast removal, pneumatic ballasting, and disposal services, supported by a specialized fleet of hydrovac trucks. The company has built a longstanding position within the commercial re-roofing industry, working closely with roofing contractors nationwide.
Sound Growth Partners, a Seattle-based private equity firm founded in 2023, focuses on investing in lower-middle-market companies with $2 million to $15 million in EBITDA. The firm targets businesses with leading positions in niche markets across consumer products, business services, distribution, and light manufacturing, and provides full capital solutions to complete acquisitions.
The firm indicated that the investment in RK HydroVac is intended to support the company’s next phase of growth, building on its multi-decade operating history and established role within the roofing services sector.
KEY QUOTE:
“RK’s 45-year track record and history of operational excellence have positioned the company as an invaluable partner to roofing contractors across the country. We appreciate the opportunity to partner with the RK team and look forward to supporting the company through its next phase of growth.”
Travis Steele, Partner, Sound Growth Partners