Lancer Capital Partners with Henry’s Wrecker Service

May 2, 2022 | News

Lancer Capital is pleased to announce that we have partnered with Henry’s Wrecker Service (“Henry’s”) and its management team to provide strategic capital and support to help the company capitalize on its long-term growth plans. Henry’s is a towing and heavy wrecker service company operating in both the municipal and commercial recovery verticals.

Headquartered in Falls Church, VA, Henry’s fleet serves Washington, DC, Maryland and Virginia by responding to police calls at accident scenes, performing asset transport work for commercial customers, and conducting trespass tow work for private customers. Henry’s reputation for superior service, deployment of advanced tracking software, and stringent operating procedures has enhanced the company’s ability to maintain and strengthen its longstanding relationships with its customer base.

“We are excited to partner with the LCM team to help accelerate our growth plans and to build upon our strong reputation in the marketplace. We believe our dedication to high-quality service and responsiveness differentiates our company, and we are excited for the partnership with LCM given their core focus on government and municipal outsourced services. We look forward to capitalizing on our geographic expansion plans and strengthening and growing our lineup of service offerings,” said Fred Scheler, President and CEO of Henry’s Wrecker Service.

“We were very impressed with the Henry’s team, reputation, service offering and growth outlook. It was clear to us that Henry’s employee base performs services the right way and is proud to represent the Henry’s brand. This partnership aligns closely with our core focus on government and municipal outsourced services. We are thrilled to partner with the Henry’s team and to work closely with them to provide additional resources and capital to support an attractive multi-year growth plan,” said Josh Welk, Founder and Managing Partner of Lancer Capital.

As part of our growth strategy, Henry’s will be seeking strategic add-on acquisitions and welcomes any outreach to connect on potential opportunities. If you have any questions regarding LCM’s partnership with Henry’s, please contact Josh Welk at josh.t.welk@lancercm.com or Rich Barakat at rich.r.barakat@lancercm.com.

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