ABOUT APPROACH ESG TEAM PORTFOLIO UPDATES CONTACT LP LOG IN ALL COMPANIES EDSCO Fasteners VISIT WEBSITE Investment Date: January 2020 Exit Date: Current Fund: Fund I Sector: Infrastructure Headquarters: Denton, TX Footprint: 7 facilities across TX, MS, NC, TN, UT, and IN Revenue: ~$185 million End Markets: Solar, Transmission & Distribution, Department of Transportation, Construction EDSCO Fasteners is a leading manufacturer of mission-critical anchor bolts, fasteners, and specialty-fabricated anchoring products used in critical infrastructure applications. EDSCO’s anchoring systems are predominantly embedded in concrete foundations and custom engineered to allow structures to be securely placed on top of them. Each anchoring system is specifically designed for its location and usage, factoring in soil, weather conditions, temperature, and angle. Predominantly serving utility transmission and distribution (T&D) structure manufacturers, EDSCO’s product offering includes anchor cages, 18J rebar bolts, smooth bar bolts, bolt hardware, plates, and other fabricated products. EDSCO ADD-ON INVESTMENTS Attala Steel Industries is a leading manufacturer and distributor of specialty steel foundation components for ground-mounted utility-scale solar PV installations. The Company is vertically integrated with milling, fabrication and galvanizing capabilities, enabling Attala to offer customers high quality, low cost materials with a rapid response time and on-time delivery. Attala’s product offering includes galvanized I-beam posts, mounting rack supports, galvanized H-pilings and driven pier structures. ADD-ON CRITERIA Geography: West Coast, Northeast, Upper Midwest Size: $3+ million of EBITDA End markets: solar, wind, Department of Transportation, structural steel projects Products/applications: utility-scale solar solutions, smooth bar, anchor bolts, structural steel applications, transmission and distribution hardware and accessories Capabilities/services: metal fabrication, galvanizing EDSCO COMPANY MANAGEMENT Kevin Heskett CEO Kevin Heskett joined EDSCO in 2020, relocating from Georgia to Denton, Texas, and brings twenty years of experience in the steel and concrete construction industries. Most recently concluding a thirteen-year career with Nucor. Kevin has a B.S. in Accounting from the University of Tennessee. Cullen Johnson President Cullen Johnson joined EDSCO in 2017, worked various positions before being promoted to President in 2020. Before joining EDSCO, Cullen spent five years at Caterpillar. Cullen holds a B.S. in Mechanical Engineering from Texas Christian University, a Masters of Science in Mechanical Engineering from Massachusetts Institute of Technology, and a Masters of Business Administration from M.I.T. Sloan School of Management. INDEPENDENT BOARD MEMBERS Joe Meyer Retired CPA Joe Meyer spent 36 years with national CPA firm BKD as an audit partner. He worked in an attest and advisory role with both public and private companies. He holds a BS from Purdue University. Matt Tetrault VP, Construction & Services at Wanzek Corporation Matt Tetrault leads the Renewable Services, Repower and Wind Construction groups at Wanzek Corporation. Matt has spent his entire career working in the energy industry and has a diverse background of experience in operations, maintenance, commercial skills, and leadership. Matt holds a Six-Sigma Black Belt certification along with his education at Massachusetts Maritime Academy, where he studied Facilities and Environmental Engineering. MIDDLEGROUND AFFILIATION LAUREN MULHOLLAND Founding Partner SCOT DUNCAN Founding Partner JOHN STEWART Founding Partner RYAN MCCOMB Vice President LINDSAY QUINTERO Senior Associate SARAH VARGHESE Associate MARTY SJOQUIST Vice President FABIAN CIAVAGLIA Vice President JORDAN GABBERT Associate ZACH JACKSON Vice President MIKE BRIDGE Director of Operations DOUG BROWN Director of Operations KRISTEN BAILY Vice President, Human Capital BILL MCINTYRE General Counsel DOWNLOAD OUR FACT SHEET DOWNLOAD PDF PRIVACY POLICY TERMS OF USE SUBSCRIBE TO OUR NEWSLETTER © 2021 MiddleGround Capital Website Design by MVP Marketing + Design