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Strength Capital Acquires Kelchner, Inc.

Strength Capital Partners, LLC (“Strength”), a private investment company with offices in Birmingham, MI, Cincinnati, OH, and Denver, CO, is pleased to announce its recent acquisition of Kelchner, Inc. (“Kelchner” or the “Company”).

Headquartered in Springboro, OH, Kelchner is a leading excavation and civil construction services provider in the Southwest Ohio market. The Company’s services include site grading and heavy excavation, underground utility installation, soil stabilization, paving / flatwork, and other related services.  With a combination of broad in-house capabilities and a trusted network of subcontractor relationships, Kelchner is a value-added, one stop partner for their customers. 

The Company has served Southwest Ohio since its inception in the 1940’s. Its high quality of work, dedication to customer service and a 75+ year history have created a strong reputation in the market and a leading market share within their core geographies. 

The Company is led by a talented, well-tenured management team headed by Chief Executive Officer Kevin Weckel.  Strength is excited to partner with Kevin and the rest of the Kelchner team to continue their proven history of growth, to include executing on both organic growth initiatives and pursuing strategic acquisitions. 

Strength acquired Kelchner from John Wood Group PLC, a multi-national engineering and consulting firm headquartered in Aberdeen, Scotland. 

Strength Capital’s financing partners for the transaction included First Commonwealth Bank, Northcreek Mezzanine, and Eagle Private Capital. Taft Stettinius & Hollister LLP (Lee Kellert) provided legal counsel to Strength.