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. New Mountain Capital 4 years 5 months Director New Mountain Capital . New Mountain has acquired its interest in Inframark from PPC Enterprises LLC (PPC) and Alston Capital Partners LLC (Alston). Per the revised offer, New Mountain has agreed to pay $27 per share in cash to the shareholders of Aegion ( AEGN ), which is higher than an earlier buyout bid of $26 per share announced last. New Mountain also prefers businesses that succeed in both good and bad economies. This website uses cookies to ensure you get the best experience on our website. New Mountains previous flagship fund, Fund V, closed with approximately $6.2 billion of commitments in 2017, and is now fully invested in platform companies, with the remaining capital reserved for follow-on growth investments. 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. Investors (4) M&A Activity (3) Analytics. New Mountain Capital is a private investment firm focused on investment in public and private companies in a variety of industries. Invest in New Mountain Capital funds Hundreds of fund managers are currently fundraising on Palico. 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. Inframarks management team, led by CEO Stephane Bouvier, will continue to lead the business and execute upon their strong vision for the future. Announced Date Dec 21, 2020 Acquisition Type Acquisition Acquisition Status Complete Recent News Our firms expertise in supporting market leaders on their growth journey will be the basis for a meaningful partnership.. The management team will continue to have a meaningful ownership interest alongside New Mountain. 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. www.newmountaincapital.com. Within the environmental sector, Alston targets businesses that reduce waste and improve resource consumption. The strategic investment will . 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 proactively develops research and operational expertise in these acyclical niches through multi-year industry deep dive work that leads to targeting industry sub-sectors and specific companies of interest. New Mountains investment approach has consistently emphasized business building and growth in economically acyclical industries across our private equity, credit and net lease investment strategies. These funds include New Mountains sixth flagship private equity fund, New Mountain Partners VI, L.P. (Fund VI), with $9.6 billion of capital, and its first non-control private equity fund, Strategic Equity Fund I, L.P. (SEF I), with $640 million of capital. 1 . 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 firm currently. The investments to date represent over 10% of Fund VI capital commitments and are followed by a strong pipeline of additional platform and add-on opportunities. New Partnership Enables Water Services Firm to Expand Service Offerings, Enter Adjacent Markets, and Pursue Acquisition Opportunities. The firm currently manages private equity, credit, net lease real estate and public equity funds with over $30 billion in assets under management. Its infrastructure management services group serves 220 clients with financial, administrative and specialized support services. Mr. Devlin is a seasoned operating executive and investor with directly relevant industry knowledge and experience in waste management and environmental services industries. 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 Firm seeks opportunities with $10 to $150 million headquartered throughout the US and Canada. Follow Us. Salary range: $85-$100k depending on level of experience. We look forward to accelerating the scalable growth plan against which Stephane and his leadership team are already executing. 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. 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. Phone: 215.859.7239 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. This is New Mountain Capitals 1st transaction in the Infrastructure sector. Bluegrass sources raw milk from dairy farmers and processes it into a wide range of intermediate and shelf stable goods such as dry milk and cheese powders, non-dairy creamers, shortening powders, cheese, and specialty butters. The management team will continue to have a meaningful ownership interest alongside New Mountain. The Company is one of four national operators in the . Demand for Fund VI substantially exceeded the hard cap amount, and Fund VI closed with $9.0 billion of Limited Partner commitments and approximately $600 million of General Partner/Affiliated investor commitments. Inframark, LLC, Acquires Two Subsidiaries of Meritus Corp. It also manages more than 7,000 miles of wastewater collection and water distribution networks. Read. 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 seeks out what it believes to be the highest quality growth leaders in carefully selected industry sectors and then works intensively with management to build the value of these companies. Under no circumstances does the information contained herein constitute an offer to sell or a solicitation of an offer to buy any security or interest in an investment vehicle managed by New Mountain Capital. This is New Mountain Capitals 66th transaction in the United States. Its North American operations manages facilities that can treat over 900 million gallons of drinking water and wastewater daily. New Mountain generally invests $100 to $500 million per transaction and looks for businesses with strong market positions and high barriers to entry. Its North American operations manages facilities that can treat over 900 million gallons of drinking water and wastewater daily. 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. We look forward to accelerating the scalable growth plan against which Stephane and his leadership team are already executing. Inframark Partners with New Mountain Capital for Next Phase of Growth. Will His AI Plans Be Any Different? Inframark Dec 2020 - Present 2 years 2 months. Its North American operations manage facilities that can treat over 900 million gallons of drinking water and wastewater daily. Our firms expertise in supporting market leaders on their growth journey will be the basis for a meaningful partnership.. Battery Solutions is a provider of battery recycling services to corporations, governments, municipalities, and households. 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. 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. Inframarks management team, led by CEO Stephane Bouvier, will continue to lead the business and execute upon their strong vision for the future. INFRAMARK, LLC. Inframark, LLC, is pleased to announce that it has partnered with New Mountain Capital, a leading growth-oriented investment firm with $28B in assets under management. Sparta Systems was formed in 1994 and is based in Hamilton, New Jersey. 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. 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. Terms of the transaction were not disclosed. 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. New Mountains Net Lease strategy seeks to acquire operationally critical real estate assets from sponsor-backed companies in defensive growth industries. Phone: 212-371-5999 Email: Jennifer.Flipping@inframark.com, New Mountain Capital To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Fund VI and SEF I will continue to pursue New Mountains strategy of emphasizing non-cyclical growth and business building for companies in carefully selected defensive growth industries. For more information on New Mountain Capital, please visit www.newmountaincapital.com, Copyright 2023, All Rights Reserved | Privacy | Terms of Usewww.inframark.com, Congratulations to Four Prestigious Communities We Are Honored to Serve in Pure Partnership, Community Association Institute (CAI) Names Inframark Management Company of the Year. Contact Information ESG Operations, Inc. 6400 Peake Road Macon, Georgia 31210 +1 478 474 5025. info@esginc.net. Delgado currently serves on the Board of Directors of HomeX, Qualus Power Services, Inframark, Horizon Services, Finvi, Pearce Services, Aegion . In recent years, Inframark has doubled down in an attempt to grow its national footprint organically. #Breakingnews: Inframark Partners with New Mountain Capital for Next Phase of Growth. Harris Williams served as the exclusive advisor to Inframark on this transaction. The firm prefers to invest in companies from the education, healthcare, software, business services, logistics, chemicals, federal services, financial services . Try For Free Cytel is a provider of analytical software and services for the life sciences sector. Cytel was founded in 1987 and is based in Waltham, Massachusetts. Atlanta, GA. Posted: January 27, 2023. <br><br><i>You will</i> train to . Our firms expertise in supporting market leaders on their growth journey will be the basis for a meaningful partnership.. HORSHAM, PA and NEW YORK December 21, 2020 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. New Partnership Enables Water Services Firm to Expand Service Offerings, Enter Adjacent Markets, and Pursue Acquisition Opportunities HORSHAM, PA and NEW YORK- December 21, 2020 - Inframark, LLC, is pleased to announce that it has partnered with New Mountain Capital, a leading growth-oriented investment . ("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. New Mountain identified Inframark as part of its multi-year deep-dive sector initiatives in sustainability and infrastructure & utility services, which include a specific focus on water services. 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. 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 investment provides access to capital that enhances Inframark's capacity for growth while maintaining and building on its leadership position in the outsourced water .
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