Agile Growth Equity Completes Acquisition of Kobus
In connection with the transaction, Tom Atienza has been appointed as President and Head of Global Operations of Kobus. “Kobus is excited to partner with Agile Growth Equity as we focus on growing the delivery of a highly effective solution and excellent customer service to our expanding customer base in the infrastructure ecosystem,” said Atienza.
“We are excited to partner with a company that provides an effective and efficient solution for maintaining, rehabilitating, and upgrading aging water and gas infrastructure in the United States and worldwide, particularly with the global focus on removing lead pipes from water infrastructure,” stated Brett Baucum, Partner at Agile Growth Equity.
“Agile Growth Equity looks forward to working with the Kobus team to drive market awareness of the Kobus Pipe Puller tools, which offer a trenchless solution to water and gas service pipe replacement that improves efficiency and safety over alternative methods,” commented Alejandro Capetillo, Partner at Agile Growth Equity.
Agile Growth Equity is a growth-oriented private equity group which partners with innovative lower middle market B2B companies. For more information about this transaction, please contact Agile Growth Equity at www.agilege.com.
Houston, TX – November 2023 – Agile Growth Equity is pleased to announce that it has partnered with the management team of Kobus Services Limited and Kobus, Inc. (together, “Kobus” or the “Company”) to complete the acquisition of the Company. Based in Houston, Texas, with operations in Tamworth, England, Kobus (www.kobus-inc.com) is a trenchless technology company which provides municipalities, water and gas companies, utility contractors, and other infrastructure stakeholders a safe and innovative solution for replacing water and gas service pipes.
The Company’s novel solution, the Kobus Pipe Puller, extracts lead, steel, copper, and plastic water and gas service pipes quickly and safely, while towing in a new service pipe, in one single operation. Customers across the United States, the UK, Europe, and New Zealand rely on the Company’s solution to efficiently address aging and hazardous infrastructure across water and gas utility networks.