BNET Industries
Last Fiscal Year Sales:$300.0M
- Private
- US
Dow Jones Description
It is our constant focus on improved safety that leads our new technology innovations and has established HydroChem as the leader in industrial cleaning. HydroChem's accident occurrence record is the lowest of all the large service providers. We are proud of our past achievements and dedicated to continuing that record. Keeping safety first, HydroChem offers you the broadest line of industrial cleaning processes with the skill and experience it takes to deliver them efficisently and reliably. Our custom-designed nozzles and tools, combined with one of the newest equipment fleets in the industry, enable HydroChem to deliver unmatched speed, effectiveness, and safety. The knowledge, technology, and confidence we bring to your project, whether routine or highly customized, continues to make HydroChem the preferred service provider for companies throughout the U.S. and around the world.
President and Chief Operating Officer
Sandy ScottNumber of Employees 2,500
Peer Companies
NAICS Code Hazardous Waste Treatment and Disposal: 562211
News & Analysis
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hydrochem industrial services inc. - All News and Analysis
HydroChem Industrial Services Announces Extension of Change of Control Offer for Its 9 1/4% Senior Subordinated Notes due 2013
HOUSTON -- HydroChem Industrial Services, Inc. ("HydroChem") announced today that it has extended the expiration date of its previously announced change of control offer (the "tender offer") for any and all of its outstanding 91/4% Senior Subordinated Notes due 2013 (the "Notes"). The tender offer will now expire at 5:00...
Harvest Partners Portfolio Company Aquilex Holdings LLC Closes the Acquisition of HydroChem Industrial Services, Inc
NEW YORK -- Harvest Partners, LLC ("Harvest"), a New York-based private equity investment firm specializing in management buyouts and growth financings of middle-market companies, announced today that Aquilex Holdings LLC ("Aquilex"), one of its portfolio companies, has completed the previously announced acquisition of HydroChem Industrial Services, Inc. ("HydroChem" or the...
HydroChem Industrial Services, Inc. Commences Consent Solicitation for 9 1/4% Senior Subordinated Notes Due 2013
HOUSTON -- HydroChem Industrial Services, Inc. (the "Company") announced today that it has commenced a consent solicitation (the "Consent Solicitation") relating to the $150,000,000 principal amount of its 91/4% Senior Subordinated Notes due 2013 (CUSIP No. 448850 AC 1) (the "Notes") on the terms and subject to the conditions set...
Harvest Partners Portfolio Company Aquilex Holdings LLC to Acquire HydroChem Industrial Services, Inc
NEW YORK -- Harvest Partners, LLC ("Harvest"), a New York-based private equity investment firm specializing in management buyouts and growth financings of middle-market companies, announced today that Aquilex Holdings LLC ("Aquilex"), one of its portfolio companies, through a wholly-owned subsidiary, has signed an agreement to acquire HydroChem Industrial Services, Inc....
Houston Industrial Cleaning Services Firm Finalizes Deal for Ohio Company.
Knight Ridder/Tribune Business News Jan. 7 -- CANAL FULTON, OHIO -- Managers from HydroChem Industrial Services Inc. of Houston are in Canal Fulton Thursday to look around their new digs and meet their new employees. The deal to buy Valley Systems Inc....
HydroChem to Buy Lansco.(Hydrochem Industrial Services Inc.; Laundry Service Co.)
HYDROCHEM INDUSTRIAL Services Inc. will acquire Laundry Service Co. Inc. Lansco, subject to finalizing due diligence and signing a definitive purchase agreement, which the companies expect to conclude by mid-Tune. Houston-based Lansco is a leader in tank cleaning services, primarily for refineries in the US. It...
HydroChem Industrial Services, Inc
NEW YORK--BUSINESS WIRE--Standard & Poor's CreditWire 7/25/97 --Standard & Poor's today has assigned its ratings to HydroChem Industrial Services Inc. as follows: -- Single-`B'-plus corporate credit rating, and -- Single-`B'-minus $100 million senior subordinated notes due 2007 (sold pursuant to Rule 144A, with registration...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Sandy Scott | President and Chief Operating Officer |
| Eric Khan | Chief Financial Officer |
| Simon Neicheril Sr | CFO & Executive Vice President |
| Tricia Burns Irion | Vice President and Chief Financial Officer |
| Tim Dorsey | Executive Vice President, West Division |
| Bob Pfeiffer | Vice President North Division |
| Don Millet | Vice President Southwest Division |
| Gregory G. Rice | Vice President Operations |
| Nat Campos | Vice President Human Resources |
| Randy Decker | Vice President Client and Service Line Management |
| Richard Haggard | Vice President Client Management |
| Robby Speights | Vice President South Division |
| Roger Raney | Vice President of Health, Safety, Environmental and Training |
| Steve Akkerman | Vice President Midwest Division |
| Timothy Bonvillian | Vice President Service Line Management |
| Rick Pitman | National Alliance Manager |
| Michael P. Harmon | Director |
| Stephen Kaplan | Director |
| Organization | Position | Status |
|---|---|---|
| HydroChem Industrial Services, Inc. | President and Chief Operating Officer | Current |
| HydroChem Industrial Services, Inc. | Vice President, HR & Health & Safety | Former |
| Organization | Position | Status |
|---|---|---|
| HydroChem Industrial Services, Inc. | Chief Financial Officer | Current |
| Organization | Position | Status |
|---|---|---|
| HydroChem Industrial Services, Inc. | CFO & Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| HydroChem Industrial Services, Inc. | Vice President and Chief Financial Officer | Current |
| Organization | Position | Status |
|---|---|---|
| HydroChem Industrial Services, Inc. | Executive Vice President, West Division | Current |
| Organization | Position | Status |
|---|---|---|
| HydroChem Industrial Services, Inc. | Vice President North Division | Current |
| Organization | Position | Status |
|---|---|---|
| HydroChem Industrial Services, Inc. | Vice President Southwest Division | Current |
| Organization | Position | Status |
|---|---|---|
| HydroChem Industrial Services, Inc. | Vice President Operations | Current |
| Organization | Position | Status |
|---|---|---|
| HydroChem Industrial Services, Inc. | Vice President Human Resources | Current |
| Organization | Position | Status |
|---|---|---|
| HydroChem Industrial Services, Inc. | Vice President Client and Service Line Management | Current |
| Organization | Position | Status |
|---|---|---|
| HydroChem Industrial Services, Inc. | Vice President Client Management | Current |
| Organization | Position | Status |
|---|---|---|
| HydroChem Industrial Services, Inc. | Vice President South Division | Current |
| Organization | Position | Status |
|---|---|---|
| HydroChem Industrial Services, Inc. | Vice President of Health, Safety, Environmental and Training | Current |
| Organization | Position | Status |
|---|---|---|
| HydroChem Industrial Services, Inc. | Vice President Midwest Division | Current |
| Organization | Position | Status |
|---|---|---|
| HydroChem Industrial Services, Inc. | Vice President Service Line Management | Current |
| Organization | Position | Status |
|---|---|---|
| HydroChem Industrial Services, Inc. | National Alliance Manager | Current |
| Isssp, Inc. | Current | |
| Royal Ambassadors | Chairman | Current |
| Texas Tech University | B.A. In History | Former |
| Organization | Position | Status |
|---|---|---|
| Oaktree Capital Management, LLC | Managing Director | Current |
| Alliance Health Care Services, Inc | Director | Current |
| Novis Pharmaceuticals, LLC | Director | Current |
| Wright Line LLC | Director | Current |
| Alliance Imaging, Inc. | Director | Current |
| HydroChem Industrial Services, Inc. | Director | Current |
| Senior Home Care | Director | Current |
| Waterhouse, Inc. | Corporate Recovery Consulting Group | Former |
| Alliance Imaging, Inc. | Compensation Committee Chairman | Former |
| Infrasource, Inc. | Board of Directors | Former |
| Chart Industries, Inc. | Board of Directors | Former |
| Hydro-Chem | Board of Directors | Former |
| Millennium Rail, Inc. | Board of Directors | Former |
| McGill University | B.A. Degree | Former |
Stephen A. Kaplan has served as a director of the Company since May 2001. Since 1995, Mr. Kaplan has been a principal and portfolio manager of Oaktree Capital Management, LLC, a private investment management firm, where he co-manages Oaktree's Principal Activities Group which invests in majority and significant minority positions in both private and public companies. From 1993 to 1995, Mr. Kaplan was a Managing Director of Trust Company of the West. Prior to joining the Trust Company of the West, Mr. Kaplan was a partner of the law firm of Gibson, Dunn & Crutcher. Mr. Kaplan currently serves as a director of Regal Entertainment Group, a company listed on the New York Stock Exchange, Genco Shipping & Trading Limited, a company listed on the New York Stock Exchange and numerous private companies.
| Organization | Position | Status |
|---|---|---|
| Oaktree Capital Management, LLC | Portfolio Manager | Current |
| Capital Management, Inc. | Principal | Current |
| Dungeons and Dreamers | Director | Current |
| Genco Shipping & Trading Limited | Director | Current |
| General Maritime Corporation | Board of Directors | Current |
| Cannery Casino Resorts, LLC | Director | Current |
| Alliance Imaging, Inc. | Director | Current |
| CollaGenex Pharmaceuticals, Inc. | Director | Current |
| Oaktree Capital Management, LLC | Board of Directors | Current |
| Regal Entertainment, Inc. | Director | Current |
| National Cinemedia, LLC | Director | Current |
| Regal Entertainment Group | Director | Current |
| Edwars Theaters, Inc | Director | Current |
| Lineage Power OEM Division | Director | Current |
| Forest Oil Corporation | Director | Current |
| HydroChem Industrial Services, Inc. | Director | Current |
| Trust Company of the West | Managing Director | Former |
| Gibson, Dunn & Crutcher LLP | Partner | Former |
| Gibson, Dunn & Crutcher LLP | Attorney | Former |
| Oaktree Capital Management, LLC | Principal | Former |
| New York University School of Law | J.D | Former |
| The State University of New York | B.S. degree | Former |
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