GaP Announces the Majority Recapitalization/Management Buyout of D.L. Glover Utilities and D.L. Glover Pipe Bursting (collectively, "Glover”) by Del Monte Capital (DMC)

GaP Announces the Majority Recapitalization/Management Buyout of D.L. Glover Utilities and D.L. Glover Pipe Bursting (collectively, "Glover”) by Del Monte Capital (DMC)

March 30, 2026

March 30, 2026 (Houston, TX) GaP Transaction Advisors (GaP) is pleased to announce the Majority Recapitalization/Management Buyout of D.L. Glover Utilities and D.L. Glover Pipe Bursting (collectively, "Glover”) by Del Monte Capital (DMC). Established in 2020 by Christopher Scott-Ford and Danny Glover, and headquartered in Houston, Texas, Glover provides critical municipal water infrastructure services to municipalities, counties, and municipal utility districts across the Harris and contiguous county area. Since its founding, Glover – now operating as DLG Infrastructure Services (DLG Infrastructure) – has successfully completed nearly 1,000 projects involving storm drainage improvements, sanitary sewer repair and rehabilitation, trenchless pipe replacement, wastewater rehabilitation, and neighborhood flood mitigation. The transaction closed in January 2026. For more information, please visit DLG Infrastructure.

Del Monte Capital (DMC) is a Texas-based private equity firm that invests in middle and lower middle-market companies. The firm specializes in providing capital and strategic resources to support growth, recapitalizations, management buyouts, and company successions. With a focus on essential business services, building products, specialty construction, industrial services, and other infrastructure-related industries, DMC targets mission-critical, recession-resistant service businesses.  “I’m grateful that Chris chose DMC to partner with and I’m confident DLG Infrastructure will achieve heightened levels of success under his continued leadership,” said Bret Pardue, CEO & Co-Founder of GaP. Pardue added, “I’m also happy for my friend Danny Glover and wish him all the best in his retirement from the utilities infrastructure business.”

As part of the transaction, Mr. Scott-Ford, a key driver of the Company's past growth, gained significant ownership in DLG Infrastructure and will continue to lead all day-to-day operations as the Company’s President. Concurrent with the transaction, DLG Infrastructure appointed Chad Cross as Chief Financial Officer to support the Company's continued growth. When asked why he chose Del Monte Capital, Chris stated: "As part of the process orchestrated by GaP, 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 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," said Danny Glover, retiring co-founder of DLG. "The Del Monte team earned our trust throughout this process, and I couldn't be more confident in where this company is headed."

David Hartland, Managing Partner of DMC, added, "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. Glover 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 as DLG Infrastructure Services."

GaP Transaction Advisors

GaP Transaction Advisors (GaP) is a boutique transaction advisory firm headquartered in Houston, Texas, primarily serving the lower middle and middle-market in both a sell-side and buy-side capacity. For this transaction, GaP served as Glover’s exclusive sell-side advisor and Bret Pardue as the transaction team leader. Other GaP team members contributing greatly to the success of the Glover/DMC transaction were Bruce Lancaster (CFO), Marjory Loebe (Marketing Director), and Lisa Lopez (Transaction Operations Manager).

For more information, contact: ‍

GaP Transaction Advisors

info@gap-advisors.com

Bret Pardue, President

713-598-8632 (m)

bpardue@gap-advisors.com

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