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Announced

Completed

Quad-C Management completed the acquisition of Vortex from Platform Partners for $160m.

Financials

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Transaction Value£129m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Completed

Friendly

Domestic

Water

dewatering

structural relining

slip lining

United States

Acquisition

Majority

Private Equity

Single Bidder

Synopsis

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Quad-C Management, a middle market private equity firm, completed the acquisition of Vortex, a global provider of trenchless infrastructure rehabilitation products and services, from Platform Partners, a private investment firm, for $160m. “Quad-C is very excited to add Vortex to its portfolio. Mike and his management team have done an incredible job of building a profitable company in an extremely competitive environment, with a sustainable growth model. We believe Vortex will be a great fit for Quad-C, as we are very focused on the specialty products and services sectors and we have a long history of successfully partnering with privately held, entrepreneurial minded businesses,” Tom Hickey, Quad-C Partner.

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