Announced

Behrman Capital acquired Waterline Renewal Technologies.

Synopsis

Behrman Capital has acquired Waterline Renewal Technologies, a division of Triwater Holdings. Financial terms were not disclosed. Waterline is a provider of engineered products used in the trenchless rehabilitation of wastewater infrastructure for municipal, commercial, industrial, and residential applications. “Waterline is a leader in the growing wastewater solutions market with innovative pipe rehabilitation solutions. Through Waterline’s best-in-class brands, multiple channels to market, and industry and technology know-how, the Company has consistently provided effective wastewater infrastructure solutions for its installer partners while delivering strong financial performance. We look forward to collaborating with the management team to capitalize on a range of attractive growth initiatives, including select acquisitions and the expansion of Waterline’s technology offerings,” Grant G. Behrman, Behrman Capital Managing Partner.

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