Del Monte Capital Recaps DLG Infrastructure in Third Platform Deal
Del Monte Capital has completed a majority recapitalization of DLG Infrastructure Services, advancing its platform investment strategy while backing a founder-led business in a critical infrastructure niche.
Houston-based DLG, founded in 2020 by Chris Scott-Ford and Danny Glover, specializes in maintenance, repair and rehabilitation of water-related infrastructure. The transaction represents Del Monte Capital’s third platform investment, signaling continued momentum in its lower middle-market strategy.
As part of the deal, Scott-Ford, president of DLG Infrastructure Services, increased his ownership stake and will continue to lead day-to-day operations. The company also appointed Chad Cross as chief financial officer to support its next phase of growth.
“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,” said Scott-Ford. “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.”
Troutman Pepper Locke served as legal counsel to Del Monte Capital. Amegy Bank provided senior financing, while Gilbert & Pardue Transaction Advisors acted as sell-side advisor to DLG.
