Announced
Completed
Financials
Tags
construction services
Domestic
Private
United States
environmental services
alternative energy services
Construction Services
Acquisition
Majority
Private Equity
Completed
Friendly
Single Bidder
wastewater treatment
Waste and Disposal Services
Synopsis
Hidden Harbor Capital Partners, a private equity firm with an operations soul and intense passion for building great companies, completed the acquisition of Island Pump and Tank, a provider of maintenance, environmental, construction, and alternative energy services to fuel retailers and government agencies in the Northeastern United States, and Advanced Waste Water Treatment,a specialist in wastewater treatment and disposal services. Financial terms were not disclosed. “It was essential for us to find a partner with deep operational experience and one who shares our vision for the Company. Prior to the transaction, Hidden Harbor’s portfolio operations group invested significant time and effort to implement meaningful operational improvements to the business. Frank and I are excited about the next chapter in the Company’s history,” said John DiAndrea, Island Pump Co-CEO.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.