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

December 13, 2024

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.

Buyers
Vortex Companies, LLC
Targets
Tri-State Utilities, Pipe Vision
Sellers
National Underground Group, Inc., ORIX Capital Partners
Location
Virginia, United States
Transaction Type
Buyout

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