TerraVest acquires KBK Industries

January 13, 2026 By Sydney Fischer 0 Comments

TerraVest Industries has acquired KBK Industries, a Texas-based manufacturer of fiberglass and steel storage tanks.

Headquartered in Houston, with manufacturing facilities in Rush Center and Liberal, Kansas, KBK is a manufacturer of aboveground and underground fiberglass tanks for the C-Store, agricultural, chemical, infrastructure and energy markets.

TerraVest acquired KBK for $90 million, subject to a working capital adjustment approximately 90 days post-closing. The purchase price represents a multiple of approximately 5.6-times to KBK’s trailing 12-month EBITDA.

“KBK is a strong strategic fit for TerraVest, and in combination with Highland Tank and other TerraVest businesses, TerraVest now has the potential to provide the broadest product offering across the fiberglass and steel tank markets,” says John Jacob, president of Highland Tank Holdings. “The addition of KBK to the TerraVest portfolio will be beneficial to the existing customer base of both KBK and TerraVest, providing them with enhanced optionality in the industry.”

TerraVest utilized its existing credit facility to fund the acquisition of KBK.

TerraVest is a diversified industrial company that sells goods and services to a variety of end markets. The company manufactures home heating products, propane, anhydrous ammonia and natural gas liquid transport vehicles and storage vessels, energy processing equipment and fiberglass storage tanks. Its brands include Maxfield, Mississippi Tank, Pro-Par and Signature Truck Systems.

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