Allied Industrial Partners, an industrial-focused private equity firm, has made a significant investment in Mat Tech Industrial Services, a provider of rental and waste management services.
Founded in 2008, Mat Tech is a bundled service provider of waste and environmental services and rental products for industrial customers in the downstream and petrochemicals sector. Headquartered in the Houston area, the company’s offerings include waste and enviornmental services such as the collection and disposal of industrial waste streams, and industrial rental equipment including mats for heavy equipment operations and temporary access roads, as well as emergency response solutions. Mat Tech will continue to be led by its founder and CEO Mike Tinnin in partnership with AIP.
“AIP’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,” says Tinnin. “We believe AIP 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.”