Acquisitions of The Southern Company of North Little Rock and Adams Tank and Lift expand the company’s resources, capabilities and coverage areas creating efficiencies and opportunities for its employees, customers and vendors.
Charlotte, NC, - SPATCO Energy Solutions (“SPATCO”), the leading fueling equipment and services provider in the Southeast, completed the acquisition of The Southern Company of North Little Rock (“SoCo”) on December 31, 2020 in Arkansas. SPATCO also completed the acquisition of Adams Tank & Lift (“AT&L”), market-leading single-source petroleum providers in Florida on July 16, 2021. The combined companies will have over 600 employees with 350+ technicians and 23 offices across 10 states in the Southeast.
SPATCO has 85+ years of experience as the go-to provider for petroleum equipment, installation, maintenance and environmental compliance with a full breadth of services, cutting edge technology and turnkey solutions. SoCo and AT&L are equally well-respected full-service, comprehensive fuel distribution providers with long-standing histories within the industry. SoCo is the market leader in Arkansas and a first-mover in providing environmental services to the industrial and petroleum industries. AT&L serves nearly all of Florida with a best-in-class technician base, able to install and service most brands of equipment.
“The combination of these three companies is an exciting opportunity for our team members, customers, vendors and communities,” said President & CEO of SPATCO John Force. “The companies are highly synergistic with an emphasis on service and innovation. Together we are laser-focused on continuing to grow our business, invest in our people and better serve our customer base with cutting-edge technology, expanding capabilities and broader geographic reach. I’ve known Michael Shelby and Andy Adams for years and having the opportunity to work with such strong leaders is icing on the cake.”
CEO of SoCo Michael Shelby and President of AT&L Andy Adams will continue to run operations in their respective geographies and join SPATCO’s leadership team. “I’ve worked on projects with SPATCO for many years and the resources they bring to the table will allow us to take our operation to the next level,” said Michael Shelby. “We are equally excited to offer our team the opportunity to leverage SPATCO’s one-of-a-kind, expert training programs.”
Andy Adams commented, “When looking for a partner to entrust with our second-generation family-owned business, I could have sold to others but decided on SPATCO because of their culture and reputation. I was confident that my team and customers would be well taken care of.”
SPATCO is one of the top distributors for Wayne, Dover Fueling Solutions, a part of Dover Corporation and a leading global provider of advanced customer-focused technologies, services and solutions in the fuel and convenience retail industries. “We are excited that one of the leaders in the Dover Fueling Solutions ecosystem, SPATCO Energy Solutions, continues to expand and invest in its platform. The addition of The Southern Company and Adams Tank & Lift to the SPATCO family will offer Dover Fueling Solutions’ customers consistent high quality products and services across an expanding geography. We look forward to working with the entire SPATCO team as they continue to grow their platform,” said Dave LaCaille, Senior Director of Sales at Dover Fueling Solutions.
These investments accelerate SPATCO’s long-term strategy focused on growth both organically and through additional acquisitions. SPATCO is backed by lead investor Kian Capital Partners along with co-investors RF Investment Partners and PA Capital.
About SPATCO Energy Solutions
SPATCO is a single-source supplier of innovative liquid handling equipment and services for petroleum, industrial, Diesel Exhaust Fluid (DEF) and natural gas, as well as a supplier of electric vehicle charging stations. SPATCO is one of Wayne, Dover Fueling Solutions’ largest distributors, primarily focused in the Southeast, and is also recognized as a leading manufacturer of DEF dispensing equipment and storage solutions. We employ 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. SPATCO is headquartered in Charlotte, NC with 23 additional office locations across the Southeast, with service and support across the United States and Canada. To learn more, visit www.spatco.com.
Contact Information
Business Inquiries
Tonia Ballard
VP of Supply Chain Management
tonia.ballard@spatco.com
T 704.599.7637
Media Inquiries
Kara Petracek Ehmer
MiddleM Creative (on behalf of Kian Capital)
kara@middlemcreative.com
T 404.274.7794