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New Deal


Announced

Completed

JF Lehman-backed Inland Pipe Rehabilitation completed the acquisition of Inliner from Granite Construction for $160m.

Financials

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Transaction Value£117m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Private

United States

Maintenance Repair and Overhaul (MRO)

pipeline inspection

Majority

Friendly

Acquisition

Private Equity

Domestic

Completed

Synopsis

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JF Lehman-backed Inland Pipe Rehabilitation, an underground solutions provider, completed the acquisition of Inliner, a vertically integrated provider of trenchless pipe rehabilitation solutions, from Granite Construction, a heavy civil construction and transportation contractor, for $160m. “We are thrilled to welcome Inliner employees into the IPR family. This is the beginning of a new and exciting chapter for our combined company. The addition of Inliner enhances an already-robust suite of products and technologies, and positions us to deliver best-in-class services to our customers," Mick Fegan, IPR CEO.

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