Shenandoah (GenNx360) Acquires Pro-Pipe Services from National Underground Group

GenNx360-backed Shenandoah Acquires Nu-Pipe

September 9, 2025

Infrastructure

Shenandoah, a GenNx360 Capital Partners portfolio company, has acquired Nu-Pipe LLC, a Southeast-based trenchless pipe rehabilitation contractor. Nu-Pipe founder and CEO Ashby Johnson will join Shenandoah as President of Solution Technologies, and the deal expands Shenandoah's CIPP, SAPL and grouting capabilities across the U.S.

GenNx360 Capital Partners Acquires Shenandoah Industrial Solutions

September 16, 2024

Industrial Services

GenNx360 Capital Partners has invested in Shenandoah Industrial Solutions, a Pompano Beach, Florida-based provider of underground infrastructure services, acquiring the company from KLH Capital. The investment will support Shenandoah’s expansion of operations, service capabilities (pipe cleaning, inspection, and trenchless rehabilitation), and continued geographic growth across Florida and the Southeastern U.S.

Shenandoah Industrial Services Acquires Bay Area Environmental Services

December 3, 2020

Environmental Services

Shenandoah Industrial Services, a KLH Capital-backed provider of storm drainage and pipeline rehabilitation services, has acquired Bay Area Environmental Services, a Gibsonton, Florida-based water and sewer pipeline cleaning, testing, and restoration specialist. The add-on expands Shenandoah’s footprint into Tampa Bay and West Central Florida, adds experienced staff and new municipal, industrial and government customers, and broadens its service capabilities in pipeline inspection and rehabilitation.

Southern HVAC Corporation Acquires Pro Plumbing Services, LLC

June 29, 2022

HVAC & Mechanical

Southern HVAC Corporation acquired Pro Plumbing Services, LLC, a Lexington, North Carolina-based residential plumbing, electrical, heating and air contractor. The bolt-on expands Southern HVAC's Plumbing & Air Service Company footprint in the Piedmont Triad (Greensboro, Winston-Salem, High Point and Lexington) and allows Pro Plumbing to retain its brand while gaining access to Southern HVAC's training, sales, marketing and operational resources.

Vortex Companies Acquires Tri-State Utilities and Pipe Vision from National Underground Group

December 13, 2024

Industrial Services

Vortex Companies, LLC has acquired Tri-State Utilities and Pipe Vision from National Underground Group, a portfolio company of ORIX Capital Partners. The Virginia-based businesses provide trenchless pipeline rehabilitation, pipe cleaning and inspection services and will expand Vortex's capabilities and geographic footprint across the Mid-Atlantic and Southeastern United States. Financial terms were not disclosed.

The Vortex Companies Acquires North American Pipeline Services

December 23, 2020

Infrastructure

The Vortex Companies, LLC has acquired North American Pipeline Services, LLC (NAP), expanding Vortex’s trenchless infrastructure service capabilities and presence in the Mid-Atlantic. NAP, founded in 1974 and now based in Freehold, New Jersey, employs about 55 people and provides CCTV inspection, pipe bursting, CIPP lining and other sewer and water rehabilitation services.