Orloff Lowenbach Stifelman & Siegel P.A.
 

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OLSS Advises Powerhouse Maintenance in Recapitalization with PE Firm

ROSELAND, NJ--Orloff, Lowenbach, Stifelman & Siegel, P.A. represented Powerhouse Maintenance, Inc. and its affiliates in connection with a recapitalization backed by Dubin Clark & Company, Inc., a private equity firm based in Boston, MA.  The transaction closed on July 6, 2016.  Terms of the deal were not disclosed.

Powerhouse Maintenance, founded in 1963 and headquartered in Islip, New York, is comprised of three businesses: Powerhouse Paving, PAM Sweeping, and Orange Sewer & Drain, and specializes in the maintenance and repair of commercial parking lots and related areas for property managers/owners of predominantly commercial and industrial facilities, apartment complexes, strip malls and retail shopping centers. Services include asphalt paving, sealcoating, drain installation and repair, concrete installation and repair, sweeping and debris removal, power washing, and liquid waste management.