LLCP, a Los Angeles-based private equity firm, has acquired the Colt Group, a provider of critical emergency repair services to industrial and municipal clients. Financial terms were not disclosed. The deal sees CEO Jason Box continuing to lead the company, with LLCP partnering with management.

Colt, founded in 1981 and headquartered in Pasadena, Texas, offers services including online leak repair, hot tapping, line intervention, and field machining through its nationwide service network. The company helps customers maintain operational continuity while avoiding costly unplanned shutdowns. The Colt Group represents Leichtman Capital Partners VII's fifth platform investment.

LLCP was advised by Harris Williams and Kirkland & Ellis LLP, while Colt received advisory services from Houlihan Lokey, Inc. and Willkie Farr & Gallagher LLP.