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Announced

Completed

GenNx360 Capital Partners-backed Shenandoah completed the acquisition of Pro-Pipe from National Underground Group.

Synopsis

GenNx360 Capital Partners-backed Shenandoah, a provider of underground infrastructure services, completed the acquisition of Pro-Pipe, a sewer line inspection, assessment and rehabilitation company, from National Underground Group, a utility contractor. Financial terms were not disclosed. "We are excited to partner with Pro-Pipe, whose experience and reputation in the Southwest will be a tremendous asset to us as we continue to grow the Shenandoah platform. Pro-Pipe will offer us greater geographic coverage and will allow us to expand our product offerings with the addition of cross-bore inspection, a service that they have deep experience delivering," Anthony Guglielmi, Shenandoah CEO.

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