Del Monte Capital, a private equity firm focused on growth-oriented lower middle-market companies, announced a majority recapitalization of DLG Infrastructure Services, a Houston-based provider of municipal water infrastructure services. The transaction marks Del Monte Capital’s third platform investment since its founding in 2023.
Founded in 2020 by Chris Scott-Ford and Danny Glover, DLG Infrastructure Services has rapidly grown into a trusted provider across the Houston area, delivering maintenance, repair, and rehabilitation services for water-related infrastructure. Its capabilities include water line upgrades, drainage systems, sewer and wastewater rehabilitation, trenchless pipe replacement, and flood mitigation projects. The company has completed nearly 1,000 projects and serves municipalities and counties throughout the Houston metro region.
As part of the transaction, Chris Scott-Ford has increased his ownership stake and will continue to lead the company’s day-to-day operations as president. Danny Glover, co-founder, is retiring following the deal. The company also appointed Chad Cross as chief financial officer to support continued expansion.
Del Monte Capital highlighted the essential nature of DLG’s services, particularly in a region like Houston where water and drainage infrastructure play a critical role in protecting communities from severe weather events. The firm intends to support DLG’s growth through additional capital, operational resources, and strategic guidance.
Support: Legal counsel for Del Monte Capital was provided by Troutman Pepper Locke. Amegy Bank supplied senior financing for the transaction, and Gilbert & Pardue Transaction Advisors served as sell-side advisor to DLG.
KEY QUOTES:
“As part of this process, I talked to a lot of private equity firms before choosing a partner, and they all said the right things. What set DMC apart was that they actually meant it. They understood our business, respected what we had built, and made it clear from day one that my role and our culture weren’t up for negotiation. This is exactly the go-forward partnership I was looking for.”
Chris Scott-Ford, President, DLG Infrastructure Services
“Chris and I built something we’re genuinely proud of, and finding the right partner to carry it forward was something I didn’t take lightly. The Del Monte team earned our trust throughout this process, and I couldn’t be more confident in where this company is headed.”
Danny Glover, Co-Founder, DLG Infrastructure Services
“Growing up in Houston, you learn early on how much this city depends on its water and drainage infrastructure — every major storm is a reminder of what’s at stake for our neighborhoods and our families. Investing in a company that does this work, does it well, and does it safely is something we take genuine pride in. DLG has built an outstanding reputation across the Houston area, and we couldn’t be more excited to support Chris and the entire team as they continue that mission.”
David Hartland, Managing Partner, Del Monte Capital
