Rockwood Equity Partners, an operationally-focused private equity firm partnering with entrepreneur or family-owned businesses, has made an investment in NG Companies, an underground damage prevention services company.
Headquartered in Longmont, Colo., NG was founded by Cameron Lente in 2009. The company is an equipment operator and service provider focused on soft digging services used in utility locating, excavation and material removal. NG serves the infrastructure, utility, telecom and transportation markets. The deal marks Rockwood’s third investment in the Rocky Mountain region in the last 13 months.
“In addition to a strong cultural fit, we believe Rockwood will bring more than simply capital to NG,” comments Lente. “We are excited about the tools offered through the Rockwood Business System and believe together we will continue to serve our customers and grow NG into a premier, national provider of underground damage prevention solutions.”