FOCUS Investment Banking Represents Accumark, Inc., in its Acquisition by Hoffman Southwest

Accumark Inc. has been acquired by Hoffman Southwest, a portfolio company of ORIX Capital Partners
Benchmark VA LLC has been acquired by Hoffman Southwest, a portfolio company of ORIX Capital Partners
Pipe Vision LLC has been acquired by Hoffman Southwest, a portfolio company of ORIX Capital Partners

Washington, DC, (May 29, 2019) – FOCUS Investment Banking, a national middle market investment banking firm providing merger, acquisition, divestiture, and corporate finance services, announced today that Accumark, Inc., Pipe Vision, LLC, and Benchmark VA LLC Subsurface Utility Services (collectively “Accumark”) have been acquired by Hoffman Southwest (HSW), a rapidly growing portfolio company of ORIX Capital Partners, that provides water flow inspection, repair, and cleaning services. FOCUS represented Accumark, Inc. in this transaction.

Accumark’s existing management team, including President Craig Martin, will continue to lead daily operations and provide strategic direction alongside HSW. Accumark has created a loyal customer base throughout Virginia and the Mid-Atlantic region.

“The successful completion of this transaction is a major milestone for Accumark and for me personally.  Joining forces with HSW will allow us to go further than we could alone,” Craig Martin said.  He added, “The expertise, guidance, and support the FOCUS team provided at every stage of the sale process was tremendous; we couldn’t have reached this milestone without them.”

FOCUS Managing Directors, Eric Oganesoff and April Taylor, and Chairman Doug Rodgers advised on this transaction.

*These testimonials may not be representative of the experience of all clients; testimonials are not a guarantee of future performance or success.

About FOCUS Investment Banking

With more than three decades of experience, FOCUS Investment Banking is a trusted name in middle market M&A advisory services worldwide. FOCUS works to understand each client’s strategic and financial objectives, craft the best plan to achieve these goals, and deliver success. Whether helping to sell, buy, or raise capital, FOCUS strives to maximize the value of every transaction to the benefit of its clients. Securities transactions conducted by FOCUS Securities LLC, an affiliated company, registered Broker Dealer member FINRA/SIPC. For more information on FOCUS, visit www.focusbankers.com.

About Accumark

Accumark (including Benchmark VA LLC Subsurface Utility Services and Pipe Vision, LLC) provides subsurface utility engineering, underground utility locating and pipe inspection and cleaning services to municipalities, government agencies, utilities, construction contractors, and engineering firms throughout the Mid-Atlantic region.  Accumark is headquartered in Ashland, Virginia and operates multiple branch locations in Virginia, North Carolina and Maryland.

About Hoffman Southwest (HSW)

HSW is a leading provider of water flow solutions services. Its Professional Pipe Services (Pro-Pipe) division was founded in 1992 and is a leader in underground pipeline condition assessment and repair, utilizing state-of-the-art closed-circuit television (CCTV) and 360-degree scanning systems to digitally map (GIS) underground infrastructure and provide condition scoring for prioritization and assessment. Pro-Pipe serves municipalities, utilities, contractors, engineers, government agencies and facility owners throughout the U.S. through multiple locations across Arizona, California, Oregon, Washington, Utah, Colorado, Nevada, Texas and North Carolina.

About ORIX Capital Partners

ORIX Capital Partners is a subsidiary of ORIX Corporation USA (“ORIX USA”). It sponsors direct equity investments to support growth and performance among established middle-market companies throughout North America, spanning a variety of industries including business services, industrials, telecommunications and technology. ORIX Capital Partners is led by President and CEO Yoshiteru “Terry” Suzuki, who previously served as Co-CEO of Cerberus Japan, along with Managing Director Christopher Suan, who joined ORIX Capital Partners from his position as ORIX USA’s Chief Development Officer. Before joining ORIX USA, Suan was a Managing Director at KKR.