Announced
Completed
Synopsis
GenNx360 Capital Partners-backed Shenandoah, a provider of underground infrastructure services, completed the acquisition of Nu-Pipe, a provider of pipe rehabilitation. Financial terms were not disclosed. “We are excited to partner with Nu-Pipe, whose experience and strong reputation in pipe rehabilitation will bolster our current capabilities. Nu-Pipe’s expertise in SAPL, in particular, will be a capability expansion for Shenandoah, and is something that we are excited to be able to offer our customers. We believe that Ashby will be a great addition to our team. His success in building Nu-Pipe and his commitment to his customers are a testament to his strength as a leader,” Anthony Guglielmi, Shenandoah CEO.
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