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Announced

Completed

Rising Point-backed Conco Services completed the acquisition of Blue Wolf Performance Solutions.

Financials

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

Tags

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Completed

United States

industrial cleaning company

Acquisition

Domestic

Private

Private Equity

Majority

Specialty Contracting

Friendly

Single Bidder

Synopsis

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Rising Point-backed Conco Services, a provider of low-pressure, mechanical heat exchanger tube cleaning and non-destructive testing services, completed the acquisition of Blue Wolf Performance Solutions, industrial cleaning equipment and services company. Financial terms were not disclosed. "Both Conco and Blue Wolf serve the same power and industrial customers with similar but not duplicative services. As one company, we can concentrate on the best solutions for each customer and apply the appropriate technology,” Edward Saxon, Conco CEO.

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