SPATCO also bolsters platform leadership with the appointment of Kevin Bretcher as Chief Revenue Officer

Kian Capital-backed SPATCO Energy Solutions (“SPATCO”), a forward-thinking provider of innovative, turnkey infrastructure services solutions to the fueling, environmental and EV charging market segments, has completed the acquisition of Discovery Tank Testing Inc. (“Discovery”) and Tank Wizards Inc. These acquisitions represent the platform's fifth and sixth partnerships following the closing of its single-asset continuation fund in July 2024.

Discovery is a provider of environmental compliance and testing services to retail fueling sites and commercial operators in Florida. The company’s services include a wide range of essential certifications, inspections and tests to maintain the health and longevity of underground and above-ground storage tanks.

Tank Wizards is a provider of fuel tank-cleaning, fuel polishing and heavy maintenance services to retail and commercial customers across Florida. Tank Wizards offers a complete portfolio of services covering the full tank lifecycle, from installation to removal.

The acquisitions expand SPATCO’s environmental service capabilities and scale in Florida by strengthening the platform’s existing retail footprint, growing its reach in commercial services and adding two branch locations, bringing the total to 38 nationwide. Specifically, the addition of Discovery bolsters SPATCO’s broader testing and compliance business by adding testing and compliance technicians in the Florida region. The partnership with Tank Wizards deepens SPATCO’s environmental and tank-cleaning operations with a focus on municipal and commercial customers and adds additional service offerings, as well as environmental service and compliance technicians in the state.

“These acquisitions represent a continuation of our long-term strategy set in conjunction with our 2024 recapitalization. Our mission continues to be building a single-source solutions provider for our customers nationwide. To do so, we bring deep intentionality and purpose into every strategic acquisition, geographic expansion and service line extension we pursue as a platform,” said SPATCO CEO John Force. “Discovery and Tank Wizards are aligned with both our culture and values as a business, as well as our ongoing strategy to deepen our presence in the environmental services sector. We’re excited to join forces with these outstanding teams.”

“SPATCO has built a strong reputation as a thoughtful steward of founder-owned businesses, and we’re thrilled to work with the platform to continue to provide the world-class service that Discovery is known for in the Florida market,” said Discovery CEO Liz Pellegrino.

“Tank Wizards is excited to partner with a platform that shares our focus on quality, creativity and innovation,” added Tank Wizards CEO and Owner Wendall Stroderd. “I’m confident that these teams will build on each other’s strengths and bring about a powerful new chapter for the business.”

SPATCO is also proud to announce the hiring of Kevin Bretcher as Chief Revenue Officer, further strengthening the platform’s leadership team as it accelerates growth. Prior to joining the platform, Kevin served as CRO at Riverside-backed CertaSite, where he led enterprise-wide growth strategy across sales, marketing and operations to drive scalable revenue expansion, margin improvement and platform excellence. Before CertaSite, he was Director of Sales at Stericycle.

“It’s rewarding to see these well-aligned partnerships come to life for the platform, as well as an essential new hire for the team in Kevin, as we approach the halfway point of 2026,” said Kian Principal Ulrich Erasmus. “Looking forward, Kian will continue to support Kevin and the entire SPATCO team, investing strategically to drive the platform’s nationwide expansion and its commitment to reliable, high-quality customer service.”

SPATCO is actively seeking partnerships with founders in the energy infrastructure and services space. Business owners interested in learning more should contact David Duke, Partner, Business Development at Kian, at dduke@kiancapital.com.

Newflow Partners served as Kian’s buy-side advisor for the transactions.

About Discovery Tank Testing

Discovery Tank Testing, Inc. provides superior quality petroleum storage tank testing services to South Florida and other regions across the state. Even the best equipment can produce an unsatisfactory result when operated incorrectly — that’s why we only use highly trained, motivated and experienced personnel. All Discovery technicians are licensed through the State of Florida as “Registered Precision Tank Testers”. To learn more, visit www.discoverytanktesting.com.

About Tank Wizards

At Tank Wizards, we are driven by a singular purpose: to ensure that clean, reliable fuel powers the essential systems that keep our communities safe, connected and thriving. Since 2013, we’ve built our legacy as more than a fuel solutions provider — we’ve become trusted partners to the industries and individuals who depend on us when it matters most. At Tank Wizards, our mission is to be the trusted partner that keeps your fuel infrastructure running smoothly through proactive maintenance, advanced technology and customized solutions. To learn more, visit www.tankwizards.com.

About SPATCO Energy Solutions

SPATCO is a forward-thinking supplier, installer and maintenance provider of innovative turnkey solutions for fueling stations and EV-charging infrastructure. Headquartered in Charlotte, NC, SPATCO has 38 additional office locations with service and support across the United States. The company is one of Dover Fueling Solutions’ largest distributors of Wayne products and offers complete environmental compliance, assessment and remediation services. With over 90 years of experience, SPATCO employs a differentiated service-oriented model on behalf of a diverse and longstanding customer base that includes national and regional convenience store operators, major oil companies, commercial fleet and military fueling facilities, national and regional trucking companies, regional oil jobbers and commercial bulk petroleum plants. To learn more, visit www.spatco.com.

About Kian Capital Partners

At Kian, we forge partnerships to ignite growth and build enduring value. Our goal is to provide flexible financial resources and additional operational horsepower to scale lower middle-market businesses, realize aspirations and deliver long-term investment returns through genuine partnership. Kian is a lower-middle-market-focused private investment firm with $1.1 billion of capital under management. We partner with founder/owner-operated businesses in the essential services and value-added distribution sectors. Our team of seasoned investors brings over 100 years of collective experience to provide board-level strategic and operational guidance to drive transformational growth by implementing our established Blueprint for Enduring Value.

Kian has been recognized by Inc. Magazine’s list of Top Founder-Friendly Investors for six consecutive years. To learn more, visit www.kiancapital.com.

Disclaimer

Except where otherwise indicated, the information contained herein is based on matters as they exist as of the date of preparation of such material and not as of the date of distribution or any future date.

This article does not constitute an offer to sell or the solicitation of an offer to purchase any investments or securities, including any securities of Kian Capital (“Kian”), or any funds or accounts managed or advised by Kian in any jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation.

Any such offer or solicitation may be made only by means of the delivery of a confidential private offering memorandum (the “Memorandum”), which will contain material information not included herein regarding, among other things, information with respect to risks and potential conflicts of interest, and other offering and governance documents of any given fund or account (collectively with the Memorandum, the “Fund Documents”).

Inc.’s Founder-Friendly Investor list comprises firms identified by Inc.’s editors or submitted to Inc. through an application process. Kian Capital applied to be considered. Inc. gathers data on how the firms’ portfolio companies have grown and interviews founders about their experiences with the firms to establish the annual list. The list recognizes firms with a track record of backing entrepreneurs by providing the financial support needed to help businesses accelerate growth while remaining actively involved following the firm’s investment. Kian Capital paid for both the fee to participate and to acquire rights to the Inc. logo for the years 2020 - 2025.

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