Announced

Completed

Warren Equity Partners-backed Magnolia River completed the acquisition of System Integrity division of Aptus Group from 3 Rivers Capital.

Synopsis

Warren Equity Partners-backed Magnolia River, a premier provider of engineering, inspection, GIS, and technology solutions for utility & pipeline infrastructure & operations, completed the acquisition of System Integrity division of Aptus Group, a safety, quality, and people focused company building and maintaining the nation’s infrastructure, from 3 Rivers Capital, a private equity firm. Financial terms were not disclosed. “Magnolia River’s vision is to make the world safer by providing innovative solutions to the utility and infrastructure industry. The acquisition of Aptus SI enables us to enhance our pipeline integrity management capabilities,” Robbie Laney, Magnolia River Chief Commercial Officer.

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