Correction: Rox Capital Partners

Acquisition Announcement

• Companies Involved: Scruggs Company and Neil Technical Services (NTS), both part of Rox Capital Partners, have acquired Mid-America Valve (MAV), a distributor in the water and wastewater sector based in Kansas.
• Strategic Importance: This acquisition enhances Scruggs/NTS's geographic reach and strengthens their ability to offer integrated solutions to municipalities, utilities, and industrial clients.

Mid-America Valve's Role

• Reputation and Services: MAV is recognized in Kansas and the Midwest for its distribution of valves, fittings, and related products crucial for water and wastewater infrastructure.
• Customer Benefits: MAV's customers will gain access to a wider product range and improved service capabilities through the resources of Scruggs/NTS.

Leadership Insights

• Dan Myers' Statement: The President of Scruggs Company emphasized that acquiring MAV is a key step in creating a comprehensive multi-state platform for the water and wastewater sector, highlighting MAV's strong customer relationships and market presence.
• Al Cameron's Perspective: The Managing Partner at Rox Capital Partners expressed enthusiasm about combining MAV's expertise with their service offerings, aiming to provide reliable products and technical services to enhance system performance for Midwest customers.

Future Operations

• Continuity and Integration: MAV will continue to operate under its established name while benefiting from the broader support of Scruggs/NTS, ensuring continuity in customer relationships with added value from expanded offerings.
• Commitment to Growth: The acquisition reflects Rox Capital Partners' dedication to fostering growth within its portfolio by collaborating with established regional leaders like MAV to create a scalable, full-service operation in the water and wastewater industry.