Griffin Dewatering Acquires Portion of Slead Construction/Dewatering

Crossplane Capital Acquires Griffin Dewatering

December 2, 2020

Industrial Services

Dallas-based private equity firm Crossplane Capital has completed a control acquisition of Griffin Dewatering, a Houston-headquartered provider of dewatering and water treatment services for large-scale construction, infrastructure and industrial projects. Griffin, founded in 1934 and operating from 11 locations nationwide, will partner with Crossplane to expand its complex dewatering, water treatment capabilities and national water-management platform; the company was previously a portfolio company of The CapStreet Group.

Griffin Dewatering Acquires Pump & Integrity Rental Segment from Cross Country Infrastructure Services

December 8, 2022

Industrial Services

Griffin Dewatering, a portfolio company of Crossplane Capital, has acquired the Pump & Integrity rental segment of Cross Country Infrastructure Services, adding fleet, technical expertise and branch locations to create a national water-management platform. Graycliff Partners provided subordinated debt and a minority equity investment to support Crossplane Capital's acquisition and the merger of Pump & Integrity into Griffin, enabling geographic expansion, equipment efficiencies and cross-sell opportunities.

Krystal Growth Partners Acquires Majority Stake in Storm Guard Water Treatment

March 22, 2019

Environmental Services

Krystal Growth Partners has acquired a majority interest in Storm Guard Water Treatment Inc., a Richmond, British Columbia–based provider of dewatering, water extraction and water treatment services for construction sites. The investment, made in partnership with founder Cliff Oleksiew and executed through an SG Acquisition limited partnership, will support Storm Guard's next phase of growth and capability expansion.

Montlake Capital and Cascadia Private Capital Invest in SWS Equipment

September 23, 2021

Environmental Services

Montlake Capital and Cascadia Private Capital have made a majority growth investment in SWS Equipment, a Spokane-based environmental waste equipment distributor. The investors will partner with founder Paul Cochran to drive growth and geographic expansion across the Pacific Northwest and support expanded service, parts and rental offerings to municipal, utility, retail and contractor customers.

Water Engineering Acquires LDW Water Technologies

July 1, 2025

Environmental Services

Water Engineering, a portfolio company of Nolan Capital, has acquired LDW Water Technologies, a Sicklerville, New Jersey-based provider of industrial water and wastewater treatment solutions. The deal expands Water Engineering's Northeast footprint and wastewater capabilities; LDW's former owner John Drimak will remain with the business as it integrates into the WEI platform.

VLS Environmental Solutions Acquires SRE Environmental

February 8, 2023

Environmental Services

Houston-based VLS Environmental Solutions, a portfolio company of I Squared Capital, has acquired Phoenix-based SRE Environmental, a provider of commercial and industrial wastewater and solid waste management services. The add-on expands VLS's footprint and capabilities in the western United States, adding evaporation-pond wastewater disposal, tanker transport assets and new customer relationships; financial terms were not disclosed.