March 30, 2021. Tracy, CA. Read the full #pressrelease here: https://loom.ly/GbjEaig. The investment provides access to capital that enhances Inframarks capacity for growth while maintaining and building on its leadership position in the outsourced water services market. The Company is one of four national operators in the . Since becoming Inframark three years ago under PPC and Alstons ownership, our team has placed an unwavering focus on deepening client relationships to become a recognized leader in water and infrastructure operations, said Stephane Bouvier, CEO of Inframark. This website uses cookies to ensure you get the best experience on our website. Get to Know Us. Inframark has demonstrated a strong commitment to client service, innovation and environmentally-friendly solutions while ensuring the delivery of safe and clean water to more than four million people across the United States, said Lars Johansson, Managing Director at New Mountain Capital. We are grateful to the entire leadership team and all the employees of Inframark for the enormous work that has gone into the successes achieved during our ownership. New Mountain also prefers businesses that succeed in both good and bad economies.
Team | New Mountain Finance Corporation This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, More Iranian Schoolgirls Sickened in Suspected Poisoning Wave, No Major Offer Expected on Childcare in UK Budget, Data Fraud Is Focus To Bolster Chinas Lackluster Carbon Market, China Gives New Backing to Coal Even as Clean Energy Accelerates, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? Mr. Devlin most recently served as Chief Executive Officer for Valicor Environmental Services. Inframarks management team, led by CEO Stephane Bouvier, will continue to lead the business and execute upon their strong vision for the future. In September 2021 we sold that same. We are grateful to the entire leadership team and all the employees of Inframark for the enormous work that has gone into the successes achieved during our ownership. Inframarks management team, led by CEO Stephane Bouvier, will continue to lead the business and execute upon their strong vision for the future. New Mountain Capital has proactively developed particular research and operational expertise in carefully selected defensive growth niches of healthcare, software, business services, information and data, logistics, specialty chemicals, federal services, financial services, and environmental services. Bluegrass Dairy and Food, Inc. is a processor of custom, value-added dairy ingredients for the food and beverage industry. Management will pursue this through an increased focus on strategic acquisitions and continued investment in capabilities and technologies that deliver more value to customers across core business units: operation and maintenance of water and wastewater systems, management of community infrastructure, and related services.
TRC Announces Growth Investment from Warburg Pincus; Deal marks - PRWeb Inframark Partners with New Mountain Capital for Next Phase of Growth New York, NY January 14, 2021 New Mountain Capital, LLC (New Mountain), a leading growth-oriented alternative investment firm headquartered in New York, today announced the closing of two new private equity funds, totaling over $10.2 billion in aggregate capital commitments. Sparta Systems is a provider of quality management software to the pharmaceutical, medical device, and consumer products industries. New Mountain has acquired its interest in Inframark from PPC Enterprises LLC (PPC) and Alston Capital Partners LLC (Alston). Inframark is a leading national provider of outsourced operations and maintenance (O&M) services to water and wastewater treatment facilities for both municipal and industrial customers. Inframark's management team, led by CEO Stephane Bouvier, will continue to lead the business and have a meaningful ownership stake alongside New Mountain. ESG Operations is currently seeking an Assistant Project Manager to join our Waycross, Georgia team. Management will pursue this through an increased focus on strategic acquisitions and continued investment in capabilities and technologies that deliver more value to customers across core business units: operation and maintenance of water and wastewater systems, management of community infrastructure, and related services. The management team will continue to have a meaningful ownership interest alongside New Mountain. Past performance is not indicative of future results. Harris Williams served as the exclusive advisor to Inframark on this transaction. Terms of the transaction were not disclosed. New Mountain Capital ("New Mountain") is an alternative investment manager with private equity, credit, public equity and net lease strategies. The strategic investment will . Continued focus on control of risk, social responsibility and broader ESG initiatives. New Partnership Enables Water Services Firm to Expand Service Offerings, Enter Adjacent Markets, and Pursue Acquisition Opportunities.
Inframark | Harris Williams Pay My Bill - Inframark | Inframark Inframark, LLC, Acquires Two Subsidiaries of Meritus Corp. Atlanta, GA. Posted: January 27, 2023. Read the full #pressrelease here: https://loom.ly/GbjEaig. New Partnership Enables Water Services Firm to Expand Service Offerings, Enter Adjacent Markets, and Pursue Acquisition Opportunities . New Mountain has raised over $36 billion of committed capital across private equity, credit and net lease investment strategies. New Mountains private equity strategy seeks to acquire the highest quality leaders in carefully selected "defensive growth" industries, and then to build those businesses. April 05, 2021. Investors (4) M&A Activity (3) Analytics. Were thrilled to enter this new relationship with New Mountain Capital and build on a growth model that has delivered terrific results for our company and our customers to date with substantial long-term tailwinds for the future., Max Alper, Partner and Head of Industrials at PPC commented, We are very proud to have established Inframark as a stand-alone entity three years ago and to have partnered with management during the first stage of the Companys significant growth as an independent business. Its North American operations manages facilities that can treat over 900 million gallons of drinking water and wastewater daily. Inframark, LLC, is pleased to announce that it has partnered with New Mountain Capital, a leading growth-oriented investment firm with $28 billion in assets under management. Water Infrastructure Operations. Whitesburg, Kentucky. Bloomberg's Alix Steel and Paul Sweeney harness the power of Bloomberg Intelligence to provide in-depth research and data on more than 2,000 companies and 130 industries. Bouclair was founded in 1970 and is based in Pointe-Claire, Quebec.
Inframark set for acquisitive growth under new owner Its North American operations manages facilities that can treat over 900 million gallons of drinking water and wastewater daily. With more than 40 years of experience in managing water-related infrastructure, the company employs in excess of 1,500 people serving more than 400 clients in 19 states. Inframark has demonstrated a strong commitment to client service, innovation and environmentally-friendly solutions while ensuring the delivery of safe and clean water to more than four million people across the United States, said Lars Johansson, Managing Director at New Mountain Capital. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. Based on the firms last social dashboard (published in March 2020 representing 2019 data), the private equity portfolio companies under New Mountains ownership have added or created over 46,000 jobs net of any job losses and maintained a median income of ~72% above national individual median income. Harris Williams served as the exclusive advisor to Inframark on this transaction. New Mountain has particularly sought to continuously strengthen its operational and business building capabilities over time. Jan 29, 2021. Sparta has over 825,000 individual users overall across more than 30 countries. Its infrastructure management services group serves 220 clients with financial, administrative and specialized support services. This documentary-style series follows investigative journalists as they uncover the truth. * Since inception, New . Description. SEF I has made two portfolio investments: Lincoln Investment Capital Holdings LLC, a full-service RIA/broker dealer, and IMA Financial Group, Inc., a property and casualty-focused specialty insurance brokerage. On behalf of PPC and Alston, we wish them all the best for the future.. Nothing presented herein is intended to constitute investment advice, and no investment decision should be made based on any information provided herein. There is a risk of loss from an investment in securities, including the potential loss of principal. Cytel is a provider of analytical software and services for the life sciences sector. New Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation.
Home - ESG Operations, Inc. The management team will continue to have a meaningful ownership interest alongside New Mountain.
Under the general guidance of the Project Manager, the ideal candidate will assist with operations and management of the municipal services delivery including water and wastewater management compliance as well as public works administration.
Aegion Enters Into Definitive Agreement to be Acquired by - Yahoo! Inframark, LLC (www.inframark.com) is a standalone American infrastructure services company focused on operation and maintenance of water and wastewater systems, management of community infrastructure, and back-office services. State University of New York at New Paltz (3) State of Vermont (3) Stellant Systems (3) Structural Group (3) Suffolk Construction (3) Sycuan (3) Systems Planning and Analysis, Inc. (3) TEXAS DEPARTMENT OF LICENSING AND REGULATION (3) TEXAS DEPARTMENT OF PUBLIC SAFETY DEPT 405 (3) TEXAS PARKS & WILDLIFE (3) THE DOE RUN COMPANY (3) TIAA (3 . New Mountain has never had a private equity bankruptcy or missed an interest payment in its history. Inframarks management team, led by CEO Stephane Bouvier, will continue to lead the business and execute upon their strong vision for the future. It also reflects New Mountain Capitals confidence in the firms strong reputation, robust operating model and outstanding approach to service. The expense delivers entry to capital that boosts Inframark's ability for expansion whilst protecting and setting up on its leadership position in the . 1633 Broadway, 48th Floor | New York, New York 10019. 1 . At Inframark, he is the leader of the senior level management team charged with managing day-to-day operations for the Texas MUD Region with over 400 employees, 180 utility districts, and 128 water and wastewater facilities that serve over 400,000 Texans.
New Mountain collects $10.2bn across two PE funds Horsham, Pennsylvania. Inframark has a well-established value proposition that allows its customers to reduce operating costs, stay ahead of evolving regulatory trends, improve quality and EHS metrics, and implement digital solutions. Inframark Inframark is an Water Infrastructure Operations and Infrastructure Management Services. Weve Been Nominated By CAI Houston Chapter!
New Mountain Finance Corporation New Mountain Capital was formed in 2000 and is based in New York City. Its infrastructure management services group serves 220 clients with financial, administrative and specialized support services. Acquired by New Mountain Capital (Investor) on 2020-12-21 Inframark Inframark LLC 2002 W Grand Parkway N Suite100, Katy, Texas 77449 United States, (281) 578-4200 www.inframark.com Profile Investors (4) M&A Activity (3) Analytics New Mountain Capital is a private equity general partner firm headquartered in New York, NY, United States.
* Includes amounts committed, not all of which have been drawn down and invested to date. New Mountain already owns engineering and construction management firm TRC Companies, although it remains unclear what potential there is for Inframark to make use of TRC's capabilities. Mr. Devlin is a seasoned operating executive and investor with directly relevant industry knowledge and experience in waste management and environmental services industries. Get the best of Water Online delivered straight to your Inbox!
Partnering with PE Firms through Executive Search & Co-Investment Announced Date Dec 21, 2020 Acquisition Type Acquisition Acquisition Status Complete Recent News
New Mountain Capital Completes $10.2 Billion of Private Equity NEW YORK, August 01, 2022--New Mountain Capital Announces Intent to Acquire PerkinElmer's Applied, Food and Enterprise Services Businesses for up to $2.45 Billion With its new partnership, Inframark will maintain its multi-faceted growth strategy focused on enhancing its service offering and expanding into new and adjacent markets. The firm currently manages private equity, public equity, and credit funds with over $28 billion in assets under management. Before Valicor, he also served as Chief Executive Officer for ReCommunity Recycling, which was the largest independent processor of municipally generated curbside recyclables in the U.S. Before ReCommunity, James served as the Chief Executive Officer for Thermo Fluids Inc., which was the 3rd largest collector and processor of used motor oil in the U.S. Mr. Devlin joined the Board of Directors for Aperions portfolio Company Tri Con Works, which is a leading provider of landfill gas system construction projects and industrial construction projects, via their Diamondback construction division.
About Us - New Mountain Capital Harris Williams served as the exclusive advisor to Inframark on this transaction. The Company is one of four national operators in the water and wastewater O&M space and the only "pure-play" provider. Battery Solutions is a provider of battery recycling services to corporations, governments, municipalities, and households.
New Mountain Capital Acquires Inframark | Mergr M&A Deal Summary Management will pursue this through an increased focus on strategic acquisitions and continued investment in capabilities and technologies that deliver more value to customers across core business units: operation and maintenance of water and wastewater systems, management of community infrastructure, and related services. New Mountain Capital - Inframark.
Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX. Fund VI has already closed on three portfolio investments and signed a fourth investment in December.
Inframark Partners with New Mountain Capital for Next Phase of Growth #Breakingnews: Inframark Partners with New Mountain Capital for Next Phase of Growth.
Inframark Partners With New Mountain Capital For Next Phase Of Growth We are grateful to the entire leadership team and all the employees of Inframark for the enormous work that has gone into the successes achieved during our ownership. The Plant Manager reports to a Project Manager who is based offsite at a neighboring facility. With more than 40 years of experience in managing water-related infrastructure, the company employs in excess of 1,500 people serving more than 400 clients in 19 states. For more information on New Mountain Capital, please visit www.newmountaincapital.com, Copyright 2023, All Rights Reserved | Privacy | Terms of Use, Inframark Partners with New Mountain Capital for Next Phase of Growth, New Partnership Enables Water Services Firm to Expand Service Offerings, Enter Adjacent Markets, and Pursue Acquisition Opportunities, Inframark Acquires Texas-based Certified Management of Austin (CMA) to Add to Growing Community Management Portfolio, Inframark Names Greg Guard as Its New Chief Growth Officer, Inframark Acquires Texas-based BLTI to Add to Growing SCADA Portfolio, Gilbert, Arizona Sustainability Through Reclaimed Water Reuse, Blanco, Texas, Selects Inframark to Operate Its Public Works Department. Water Innovations Digital Magazine Archive. Since becoming Inframark three years ago under PPC and Alstons ownership, our team has placed an unwavering focus on deepening client relationships to become a recognized leader in water and infrastructure operations, said Stephane Bouvier, CEO of Inframark.
New Mountain Capital buys Inframark | PE Hub Distribution system . Position Purpose: Home Depot is the world's #1 home improvement retailer with over $150B in annual sales. From delivering clean, quality drinking water to safely treating wastewater in compliance with stringent environmental regulations, our partners rely on us to get the water right. New Mountain generally invests $100 to $500 million per transaction and looks for businesses with strong market positions and high barriers to entry. New Mountain Capital is a New York-based private equity firm that emphasizes business building and growth as it pursues long-term capital appreciation. Its North American operations manage facilities that can treat over 900 million gallons of drinking water and wastewater daily. About New Mountain Capital New Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital.
Bill Shreve - Mechanicsville, Maryland, United States | Professional Inframark is an infrastructure services company focused on the operation and maintenance of water and wastewater systems, management of community infrastructure, and back-office services. The investors in Fund VI include approximately 300 of the worlds leading pension funds, insurance companies, sovereign wealth funds, asset managers, family offices, high net worth individuals and endowments. It also reflects New Mountain Capitals confidence in the firms strong reputation, robust operating model and outstanding approach to service.
ElizaBeth Reeves posted on LinkedIn TRC Announces Growth Investment from Warburg Pincus Mr. Devlin is a seasoned operating executive and investor with directly relevant industry knowledge and experience in waste management and environmental services industries. New Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation. Spartas software solutions help improve quality outcomes and incident response, with improved regulatory compliance and lower administrative costs. New Mountains team totaled 122 investment professionals and staff in 2017 when Fund V commenced and has grown to over 175 today. For more information, visit www.newmountaincapital.com. ("New Mountain", and together with such affiliates "Buyer"), a leading growth-oriented investment firm headquartered in New York, in a transaction valued at approximately $963 million that. James Devlin serves as Chief Executive Officer of Inframark. New Mountain Capital, LLC ("New Mountain") Issues "Social Dashboard" Report For the Period Ending December 31, 2020.