Skip to main content

The Colt Group Acquires Garrison Enterprise Inc. 

Acquisition Expands Line Intervention Capabilities Along the East Coast

HOUSTON, Dec. 16, 2025 (GLOBE NEWSWIRE) — The Colt Group (“Colt”), a provider of on-line industrial leak repair solutions, today announced that it has acquired Garrison Enterprise Inc. (“Garrison” or “the Company”), a provider of critical line intervention services with longstanding operations along the Eastern Seaboard of the United States. Terms of the transaction were not disclosed. Colt is backed by Capstreet, a Houston-based lower middle market private equity firm.

Headquartered in Vineland, New Jersey, with operations in North Carolina, Virginia and Florida, Garrison Enterprise supports utilities, contractors, and infrastructure stakeholders with reliable, responsive, and technically advanced line intervention solutions. The Company’s expertise and strong customer relationships cultivated over decades is expected to enhance Colt’s service offering and accelerate its national line intervention growth strategy. Garrison’s leadership team will remain in place to ensure continuity of service and a seamless integration.

“The addition of Garrison Enterprise represents a significant milestone for Colt, enabling us to expand our line intervention services across our current service territories and strengthen our operational reach,” said Jason Box, Colt CEO. “Garrison’s capabilities, culture, and reputation align exceptionally well with ours. Together, we are poised to scale faster, access new markets, and deliver deeper support to our customers.”

“We’re excited to join The Colt Group and continue building on our team’s accomplishments over the past 40 years,” said Elbert Basolis, President of Garrison Enterprise. “This partnership creates new opportunities for our employees, greatly expands our service reach, and enhances the solutions we can offer customers nationwide.”

About The Colt Group
Founded in 1981, Colt provides on-line leak sealing, repair, and prevention solutions, including design, engineering, manufacturing, and installation, to a diverse base of blue-chip industrial clients. The company specializes in innovative approaches to solve the most difficult challenges quickly, safely, and effectively. Colt’s goal is to eliminate any downtime or lost product; sealing leaks on-line, onsite, and under pressure to keep critical assets running and to provide permanent repairs via mechanical solutions. Founded over 40 years ago, Colt is headquartered in Houston with additional locations across the U.S. Please visit www.coltgrp.com for more information.

About Capstreet
Founded in 1990, Capstreet invests in lower middle market software, tech-enabled services, and industrial business services companies. With more than 50 platform investments and more than 200 add-on acquisitions since inception, Capstreet’s investment strategy is focused on utilizing its Capvalue Framework® to help accelerate growth and profitability, and create long-term sustainable businesses. The majority of Capstreet’s investments have been with founder or entrepreneur-owned businesses. For more information, visit the Capstreet website, https://capstreet.com

Media contacts:

Lambert by LLYC
Joanne Lessner, 212-222-7436, jlessner@lambert.com 
Jennifer Hurson, 845-507-0571, jhurson@lambert.com 

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.