About Us

MBHE Holdings LLC (“MBHE”) is a Denver-based diversified holding company focused on investing in, actively managing, and adding operational value to both established companies and industry leading management teams to create profitable and sustainable growth.

We combine our company-building experience with the industry and capital markets experience of our operating and financial partners to grow our platforms into market leaders.

MBHE was founded in 2003 and since that time the management team has invested in numerous platform companies across a diverse set of industries with multiple add-on acquisitions along the way. Each company we’ve invested in has shared our commitment to providing superior customer experiences and gained market share based on that philosophy.


Current Platforms

MBHE is focused on operating 4 platforms:

  • Bellwether International Group

    Disaster Restoration and Reconstruction Services

    Acquired by MBH in 2007 and based in Fort Worth, TX, Bellwether International Group LLC (dba “Interstate Restoration”), is one of the nation’s largest wholly-owned full-service general contractors serving the disaster recovery and re-construction markets through the US and Canada.


  • United Flea Markets

    Flea Markets

    Based in Denver, CO, United Flea Markets (“UFM”), owns and operates flea markets across the US. The company currently owns and operates:

  • MBH Energy Resources

    Oilfield services and Midstream

    Based in Denver, CO, MBH Energy Resources LLC (MBHER) was formed in 2013 by MBHE and partners to invest capital and resources with experienced management teams in oilfield services and midstream opportunities. MBHER combines the broad oil and gas and company building experience of its principals to drive long-term value creation for its investors and management teams.

    MBHER founded Patriot Well Solutions (“Patriot”) with management in 2015. Patriot currently provides its services in several prolific basins throughout the US including the Williston Basin, ND, Powder River Basin, WY, Denver Julesburg Basin, CO, Eagle Ford and Permian basins, TX.


    MBHER formed MBHER Frac in 2017 to make an investment in both Liberty Oilfield Services (“Liberty”) and PropX.

    Liberty is an innovative oilfield service company providing specialized market‐leading hydraulic fracturing and engineering services.


    PropX is a logistics specialist focused on Containerized Delivery Systems. This technology was conceived by longtime experts in the aggregate material storage, transfer and delivery industry and then refined “by frac people for frac people”.


  • Covault Resources

    Leasehold and mineral acquisition

    Covault Resources LLC ("Covault") is a privately owned energy company based in Denver, CO. Covault is engaged in the buying and leasing of mineral rights, identified by their quality reserves and proven production. Covault and its founders have participated in significant discoveries and development of oil and gas resources worldwide. The company’s management has participated in hundreds of oil and gas wells while leveraging advanced technologies and practices to achieve multiple successes across a spectrum of projects.

    Covault currently owns minerals and overriding royalty interests in the DJ Basin (Weld and Laramie counties), and also the Powder River Basin (Campbell and Converse counties). The main operators on Covault acreage include EOG, Anadarko, Noble, Extraction, Wold Energy Partners, SM Energy, Devon, Peak Powder River, Ballard and Anschutz

    Covault is actively acquiring mineral interests, overriding royalty interests and working interest throughout the US Rockies.

    Please send opportunities to deals@covaultresources.com or call 303-223-6003.


Selected Prior Investments

The MBHE management team has invested in numerous platforms across a diverse set of industries with multiple add-on acquisitions along the way. Selected previous MBHE investments include:


    Non-operating oil and gas company

    Launched by MBHER in 2015, Covault Resources II, LLC ("Covault II") was a non-operating oil and gas company that acquired approximately 3,000 net acres of leasehold and mineral interests in the core of the Powder River Basin of Wyoming.

    MBHER exited Covault II in 2018.

  • Synergy Services

    Independendant Contractor Compliance

    Acquired by MBHE in 2004, Synergy Services ("Synergy") is an outsourced human resources and payroll company operating in over 40 states. Synergy's customers include companies ranging from Fortune 500 companies to small enterprises that desire turn-key human resources solutions for their business.

    MBHE exited Synergy Services in 2015.

  • American Energy Assets

    Energy Cost Savings

    Acquired by MBHE in 2003, American Energy Assets ("AEA") is an energy services and facilities management company that provides financing, design, construction and facilities management of clean rooms, physical plants, co-generation facilities and energy districts for healthcare, higher education, commercial and industrial private sector companies nationwide.

    MBHE exited American Energy Assets in 2012.

  • Arista Midstream

    Midstream Oil and Gas

    Acquired by MBHE in 2008, Arista Midstream Services LLC ("Arista") was a company that provides midstream oil services to oil and gas producers. Arista was founded by some of the leading experts in the midstreaming industry. The company partnered with producers to provide solutions for gathering, treating, compression and processing.

    MBHE exited Arista in 2009.

  • Ventras Capital Advisors

    Distressed Real Estate Asset Management

    Formed by MBHE in 2009, Ventras Capital Advisors LLC ("Ventras") specialized in both residential and commercial real estate funds management and distressed asset management and disposition.

    MBHE exited Ventras in 2011.



MBHE is led by an experienced team of entrepreneurs with track records of rapidly growing both public and private enterprises into market leaders. We leverage our collective experience in operations, finance, and mergers and acquisitions to drive outstanding service to our customers, financial performance for our platforms, and long-term value creation for our investors.

  • Staunton Golding


    Staunton is a co-founder of MBHE and responsible for the overall strategy, management and growth of MBHE and its operating companies, with a particular emphasis on mergers and acquisitions, capital formation, and strategic relationships. Prior to forming MBHE, Staunton led all capital markets efforts and growth initiatives as EVP and a Director of Sage Hospitality Resources, a national hotel investment, management and development company.

    Staunton holds a BA from Johns Hopkins University and a JD from the University of Colorado School of Law.

  • Jeff Johnson


    Jeff is a co-founder of MBHE and he is Chairman of Bellwether International Group. At both MBHE and Bellwether, Jeff principally concentrates on strategic planning, development of business processes and mergers and acquisitions. Prior to MBHE, Jeff was co-founder and Co-CEO of BELFOR USA Group, Inc., a full service contractor and disaster-recovery firm operating throughout North America. When Jeff and his partner acquired a small company in 1996, the business had 1 office, 20 employees, and was producing annual revenues of $2.5 million. Jeff and his team developed the strategy and built that platform, the platform that runs BELFOR today. This growth was led by Jeff and a management team that grew the company from 20 employees operating out of one location to over 1,600 employees stationed in 53 locations throughout North America. At the time of Jeff's sale of his shareholdings in BELFOR USA in 2002, the company was the largest disaster recovery and restoration company in the country, producing annual revenues in excess of $400 million.

    Jeff holds a BA from the University of Colorado.

  • Eric White


    Eric is a co-founder of MBHER and Covault. Prior to forming MBHER and Covault, Eric spent his career adding value to companies, utilizing his deep understanding of the oil and gas industry, hard work, and his ability to grow and leverage strong industry relationships.

    In addition to serving as a Managing Partner of MBHER and Covault, Eric serves on the board of Patriot Well Solutions LLC. Eric is also actively involved and committed to several non-profit organizations.

    Eric attended the University of Montana and finished his education at Colorado University of Denver while working with an independent oil and gas prospect generator and operating company in Denver.

  • Abi Fadeyi


    Abi works with MBHE and each of its operating platforms on corporate development and advisory related to mergers, acquisitions, divestitures and financings. Abi also has primary responsibility for financial reporting and investor communications for MBHE. Prior to joining MBHE, Abi worked at Q Advisors—a boutique technology, media and telecom investment bank—where he advised companies on buy- and sell-side M&A transactions and private capital raises. Prior to Q Advisors, Abi worked in Structured Products at Deutsche Bank Securities.

    Abi holds an MBA from the University of Denver's Daniels College of Business and a AB in Economics from Princeton University.


If you have any investment opportunities that you believe align with our current platforms, please feel free to contact us individually or at info@mbhe.com