Announced
Completed
Financials
Tags
Single Bidder
Private
United States
Maintenance Repair and Overhaul (MRO)
pipeline inspection
Majority
Friendly
Acquisition
Private Equity
Domestic
Completed
Synopsis
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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