Fortune 1000 Customers Signed up
People Hired
+
Bolt-On acquisitions for our Partners
ERP Implementations
OUR FOCUS
Hydrovac Services
Hydrovac services are a critical enabler of underground construction, offering a safer, more precise alternative to traditional excavation. At Heritage, we see a clear opportunity to partner with specialized operators in this essential industry and help them scale through operational support, strategic growth, and long-term alignment.
Our Perspective
As utilities move more of their infrastructure underground, driven by the need for safety and reliability, the demand for non-destructive excavation continues to rise.
Hydrovac services are becoming the preferred method for trenching, pole setting, and daylighting existing utilities for many IOUs, Coops, and Municipalities.
We’re drawn to this industry because it sits at the intersection of infrastructure modernization and safety. Traditional excavation tools (e.g. auger drills, digger derricks) pose a growing risk of service disruption or costly damage in areas with dense underground utility infrastructure.
Hydrovac services, by contrast, have for decades offered precision and protection, making them increasingly indispensable in a world with growing underground density.
While high CFM (+5K) hydrovac trucks can be quite expensive, securing this heavy machinery can also act as a barrier to entry and differentiation for our company. Most utilities and municipalities prefer to contract this work rather than own and maintain the expensive equipment themselves, creating long-term opportunity for well-run operators with the right fleet, team, and safety practices.
For contractors that have already made the investment and know how to maintain and deploy their fleet effectively, the path is clear: increased demand, repeat business, and durable customer relationships.
What we're looking for
Heritage is seeking to partner with experienced companies providing high-quality hydrovac services to utility customers. We’re especially interested in businesses that:
- Specialize in high CFM hydroexcavation for daylighting, pole setting, trenching, and related applications
- Serve electrical, telecom, gas, water, or sewer infrastructure markets
- Own and operate a well-maintained fleet of hydrovac trucks (eg Vermeer, Mud Dog)
- Emphasize safety, compliance, and professionalism on every job site
- Have strong relationships with utilities, municipalities, and other infrastructure contractors
We see natural synergies between hydrovac operators and our existing investments in overhead and underground electrical utility services. Our ability to bring shared expertise, customer relationships, and operational support to bear makes Heritage a uniquely valuable partner for founders looking to scale their company.
What business owners say about us

Heritage did what they said they were going to do, they took care of my team, they tripled my business in size, expanded to the West Coast, opened a new successful operation in Canada (which today is doing $20m+ in revenue 4 years later). They are skilled executives and business operators, but above all they are trustworthy and honest good people.
Paul Maiuri
Founder | Maicom Electrical Corp

I would 100% do the exact transaction again and prioritize non‐monetary aspects, as Alex and Ross have taken care of the business and the company, and employees are thriving more than ever.
Yale School of Management Case Study May 2nd 2022
Shiva Nanda
Founder | NCS Global

Heritage Holding was a great partner. They always stayed true to their word, listened to our advice, and valued every single employee. They were also a great additional resource for BCT: they helped with finance, patient recruiting, legal, and HR, so we could focus on clinical operations. They also helped us expand by bringing new therapeutic areas and additional principal investigators.
Irene Axelrod
Founder | Boston Clinical Trials

Meet the Founders
-
We are entrepreneurs and operators at heart
-
We have led and built several successful companies in various industries including telecom, healthcare, and business services
-
We strongly believe that being strong operators makes us better investors