Allied Industrial Partners Makes Significant Investment in Mat Tech Industrial Services

Mat Tech, a Provider of Specialty Rental and Waste Management Services, Marks Allied’s Fifth Platform Investment

Houston, TX – June 1, 2023 – Allied Industrial Partners LLC, an industrial-focused private equity firm, today announced that it has made a significant investment in Mat Tech Industrial Services (“Mat Tech” or the “Company”), a provider of specialty rental and waste management services. Mat Tech will continue to be led by its founder and CEO Mike Tinnin in partnership with Allied. Terms of the transaction were not disclosed.

Founded in 2008, Mat Tech is a bundled service provider of waste and environmental services and specialty rental products for premier industrial customers in the downstream and petrochemicals sector. Headquartered in the Houston area, the Company’s core offerings are waste and environmental services, including collection and disposal of industrial waste streams, and specialty industrial rental equipment, including mats for heavy equipment operations and temporary access roads, as well as emergency response solutions.

"As a one-stop shop in waste management and rental services, Mat Tech has a strong competitive advantage among large industrial customers that are looking for end-to-end services. Mat Tech’s service lines strongly align with Allied’s own core competencies, and we are eager to work with Mike and team as the Company looks to expand its business to better serve both its longtime and new customers."

Bradford Rossi and Philip Wright, Co-Founders and Managing Partners at Allied.

Mat Tech represents Allied’s fifth platform investment to date. Allied applies a thematic investment approach focused on defensive industrial businesses that are poised for accelerated growth in fragmented markets.

"Allied’s deep investment and operating experience in the waste and rental sectors will be a significant advantage to Mat Tech as we seek both acquisitions and organic growth opportunities. We believe Allied is the right partner for us as we enter our next stage of growth, and we look forward to leveraging the Firm’s market insights and relationships."

Mike Tinnin

About Allied Industrial Partners

Founded in 2019, Allied Industrial Partners LLC is a lower and middle market private equity firm that thematically invests in high-growth companies within various industrial subsectors, including industrial rentals, manufacturing, distribution, environmental services and critical infrastructure. Allied seeks to partner with experienced management teams that can benefit from its operational enhancement capabilities and its active, hands-on involvement, which allows the firm to execute on buy and build strategies. For more information, visit www.alliedindustrialpartners.com.

About Mat Tech Industrial Services

Founded in 2008 and based in the Houston area, Mat Tech Industrial Services is a bundled service provider of waste and environmental services and specialty rental products for large industrial customers in the downstream and chemicals sector throughout the Gulf Coast corridor. Mat Tech’s core services include waste and environmental services, specialty industrial rental equipment, as well as emergency response solutions.

Media Contacts:

Lambert & Co.
Jennifer Hurson
845-507-0571
‍jhurson@lambert.com

or

Caroline Luz
616-258-5778
cluz@lambert.com

Allied Industrial Partners LLC is a lower-middle market private equity firm that applies an operationally focused, thematic approach to invest in high-growth industrial companies. Allied seeks to partner with experienced, culture-driven businesses that will benefit from the Firm’s strong operating heritage and extensive M&A capabilities. The Firm is headquartered in Houston, TX.