The acquisition marks the first platform investment for Provest, founded by Suhas Uppalapati and Kerry Byler, both seasoned entrepreneurs and investors known for their operational expertise and track record of building category-leading businesses. Uppalapati and Byler were previously the driving force behind AmeriPro Health, a high-growth healthcare company they scaled into a national leader before a successful exit.
"APS represents exactly the type of high-potential industrial platform we set out to acquire when we launched Provest Equity Partners," said Uppalapati, Founder and Managing Partner at Provest. "With the global demand for semiconductor and energy sectors accelerating, we see tremendous opportunity to invest in APS's next phase of growth, leveraging our operational experience and long-term vision."
"Our team is excited to work alongside APS's talented employees and leadership," added Byler, Founding Partner at Provest. "We believe our hands-on approach and strategic investment philosophy will help scale APS's capabilities, expand its customer base, and unlock new market opportunities."
APS counts some of the world's most innovative semiconductor companies among its customers, and was recently recognized with Texas Instruments' Supplier of the Year award.
"Over the years, we've built trusted partnerships with some of the most respected names in the semiconductor and industrial sectors," said APS Founder Phillip Pulliam. "I'm confident that with Provest's vision, resources, and operational expertise, APS is well-positioned to accelerate its growth and continue delivering best-in-class solutions to our customers."
With its reputation for precision manufacturing and quality engineering, APS is a critical supplier to industries undergoing rapid transformation. The acquisition will serve as a foundation for Provest's growth strategy in the advanced manufacturing and semiconductor supply chain.
About Provest Equity Partners
Provest Equity Partners is an Atlanta-based private equity firm focused on growth-oriented investments in infrastructure, manufacturing, and industrial businesses. Founded by seasoned operators with deep experience in building and scaling companies, Provest partners with management teams to drive operational excellence and long-term value creation. For more information visit us at www.provestequity.com or connect with us on LinkedIn.
About Advanced Process Solutions
Based in Dallas, Advanced Process Solutions, formerly Advanced Plastic Services, is a leading manufacturer of chemical dispensing units, fluid handling systems, and other precision-engineered solutions serving the semiconductor, oil and gas, battery, and solar industries. For more information visit https://aps-plp.com/.
SOURCE Provest Equity
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