DEER PARK and PASADENA, TX - Marco Group International and APE Companies jointly announce today the
merger of both companies creating a top North American distributor of surface preparation, abrasives and safety
products with 24 locations throughout the U.S. and Canada. The merger of Marco Group International
and APE Companies is a major step forward for both companies and will allow the combined company to
better service its customers with more locations and an extended product
John Kaul, CEO of Marco Group, will lead the combined company from its Pasadena, TX headquarters as
CEO. Michael Miller, the CEO of APE Companies, will transition to an advisory role and will also be on the Board of
Directors of the new company. For the near future, the companies will continue to operate as Marco
Group International and APE Companies. Further details on the transaction are not being released.
“I’m really excited about this merger which allows us to offer a broader range of products,
services and solutions to meet our consumers’ surface preparation, coating application and safety
needs,” John noted. “By bringing together both companies’ complementary strengths and assets, we
aim to provide best-in-class customer service and become the employer of choice.”
Mike Miller added, “With the expanded North American footprint, customers will now have local
access to our portfolio of products, services and rental equipment, which is something I’m
frequently asked to provide by customers. Additionally, suppliers will now be able to access a
larger base of customers, increase their brand exposure and grow into new service areas.”
Founded in 1944, Marco is a manufacturer and distributor of surface preparation equipment and
consumables to industrial contractors in the industrial, infrastructure and downstream energy
sectors throughout the United States and internationally. Marco serves industrial contractors by
offering a comprehensive line of abrasives, blasting equipment, coating equipment, rental equipment
and safety products. Marco was acquired by The CapStreet Group in 2017.
For over twenty years, APE has been a leader in providing abrasive products, including garnet and
equipment, to fill the surface preparation needs of its customers. During its history, APE has
opened new locations and, through acquisitions, further expanded its branch network and offering to
include safety products, industrial supplies, environmental remediation and disaster response. APE
also maintains and rents a large fleet of surface preparation equipment. APE was acquired by
Ridgemont Equity Partners in
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About The CapStreet Group
The CapStreet Group is a Houston, Texas based private equity firm that invests in owner-managed, lower middle market companies. CapStreet targets companies operating in the value-added distribution, industrial services and manufacturing, and business to business service sectors. CapStreet’s approach is to partner with excellent management teams to build out corporate infrastructure, accelerate growth and profitability, and create long term sustainable businesses. For more information, visit The CapStreet Group website, www.capstreet.com.