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New Deal


Announced

Completed

Inframark completed the acquisition of Treatment Technologies from Shelton Associates.

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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wastewater

Water

Domestic

Majority

Friendly

United States

Acquisition

Private

Single Bidder

Completed

Synopsis

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Inframark, a provider of water and wastewater operations and maintenance services, completed the acquisition of Treatment Technologies, a provider of process water and wastewater O&M services, from Shelton Associates, a custom engineered and integrated process wastewater treatment systems provider. Financial terms were not disclosed. "We have admired the rapid evolution of TTI in recent years. The acquisition of TTI meaningfully scales our operations in commercial and industrial markets by a factor of 2x and is a demonstration of our stated strategy to grow our core water and wastewater O&M business," James Irwin, Inframark EVP of Corporate Development.

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