Gaddis House

Associate

Gaddis joined GulfStar Group in 2021 from Cadence Bank, where he worked as an Associate in the Commercial and Industrial Group and executed deals in a variety of sectors, including manufacturing, specialty distribution, oilfield services and consumer products and services. Prior to this, Gaddis served as a Credit Analyst, completing a six-month training program and underwriting deals within a variety of sectors for multiple teams at Cadence. Before starting his career in commercial banking, Gaddis completed a year-long internship as an FX Analyst at HSBC in London while attending the University of Chester.

Gaddis earned a Bachelor of Arts degree in Economics and minors in Business Administration and Energy Management from The University of Texas at Austin. He also earned a Master of Arts in Entrepreneurial Management from the University of Chester.

Recent Transactions

has completed a majority recapitalization with

Industry

Industrial Services & Manufacturing
Environmental & Sustainability
Business Services
Software & Tech-Enabled Services
Services
Mergers & Acquisitions

Divcon Controls provides building automation consultation and custom design for the commercial and manufacturing industries.

a portfolio company of
has sold its scrap metal division to

Industry

Industrial Services & Manufacturing
Environmental & Sustainability
Services
Mergers & Acquisitions

Based in North Carolina, Wall Recycling is a premier provider of integrated waste and recycling solutions. With a commitment to sustainability and innovation, Wall Recycling provides full-service waste management for both commercial and consumer customers. This divestiture allows Wall Recycling to strategically focus on its core integrated waste operations. The Company plans to make additional acquisitions, looking to build upon its strong waste platform while maintaining its leadership in the North Carolina market.

has been acquired by

Industry

Specialty Distribution
Services
Mergers & Acquisitions

Founded in 1997 by David Rollen and headquartered in Coppell, Texas, Rock Materials is a wholesale distributor of natural and architectural cut stone, manufactured stone, cast stone and masonry supplies. Rock Materials also operates at a second location in Tomball, Texas, a suburb of Houston. Rock Materials is the largest provider of architectural stone within the state of Texas and the transaction marks a substantial expansion in this line of business for SRS.  The Company’s senior management team will continue in their functions, leading this effort while retaining upside opportunity as shareholders in SRS post-closing.

a portfolio company of
has been acquired by

Industry

Energy, Power & Infrastructure
Industrial Services & Manufacturing
Environmental & Sustainability
Services
Mergers & Acquisitions

Founded in 1985 and based in Deer Park, Texas, Miller Integrated Solutions is a leading industrial cleaning, environmental, and mechanical services company that operates within the downstream, midstream, and upstream hydrocarbon processing markets. With six strategically located facilities across its Gulf Coast footprint, Miller Integrated Solutions leverages its 400+ field-based crewmembers to support over 100 master service agreements across multiple recurring, maintenance-driven, service disciplines including tank cleaning, unmanned hydroblasting, vacuum truck services, spill cleanup, air mover & hydro excavation, chemical cleaning, vapor control, rubber lining & coating services, field specialty welding, mechanical maintenance and fabrication. The Company also has extensive experience in the environmental spill response industry and can build, clean and demolish equipment and structures, as well as support any environmental needs throughout the lifecycle of its customers.

has completed a majority recapitalization with

Industry

Industrial Services & Manufacturing
Business Services
Services
Mergers & Acquisitions

Founded in 2009 and based in Reno, Nevada, NDSS is the largest installer of drywall, stucco and stone materials for contractors serving the multifamily residential, commercial and housing markets in western Nevada and eastern California. The principals of NDSS will retain equity positions in the business and will continue in their leadership roles.

has received a minority growth investment from

Industry

Industrial Services & Manufacturing
Environmental & Sustainability
Services
Mergers & Acquisitions Raising Capital Cross-Border Transactions

Headquartered in Clackamas, Oregon, PNW operates a full-service ferrous and non-ferrous metal recycling business. The Company sells its recycled metal product to both international and domestic markets. PNW gathers scrap in North America and sells hundreds of thousands of tons of recycled metals to hundreds of domestic and international customers per year. PNW’s services are key to a growing circular economy, offering a low-cost replacement to virgin metal production. Recycled steel scrap saves approximately 70% of energy (95% for aluminum) and 55% of CO2 emissions when compared to virgin materials, according to the World Steel Association.

GulfStar Group
700 Louisiana Street
Suite 3800
Houston, Texas 77002


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