American Industrial Partners Acquires Veolia North America's Sulfuric Acid Regeneration Business (Nexpera)

American Industrial Partners Acquires Ingersoll Rand's High Pressure Solutions Segment

February 16, 2021

Manufacturing

American Industrial Partners (AIP) agreed to acquire a majority interest in the High Pressure Solutions (HPS) segment of Ingersoll Rand, a transaction completed in early 2021. The deal (reported at about $300M) makes HPS a standalone business focused on manufacturing, service, and repair of high-pressure pumps and related consumables for the upstream energy market, with AIP providing operational support to drive product development, supply-chain optimization and growth.

American Industrial Partners Acquires AquaShip AS and Intership AS and Combines Them into Global Aqua Services Platform

December 18, 2023

Transportation

American Industrial Partners (AIP) has become the majority and controlling shareholder of Norway-based AquaShip AS and Intership AS and will merge the two companies into a single global aquaculture service vessel operator. Talweg Capital co-invested in the combined company; Alchemy sold its stake in Intership. The combined business will operate a fleet of 39 vessels with nearly 700 employees and serve salmon farmers across Norway, Scotland, Ireland, Chile, Canada, and the United Kingdom.

Saur Group Acquires Aqua-Chem

July 12, 2022

Environmental Services

France-based Saur Group, an EQT‑backed environmental services company, has acquired Knoxville, Tennessee‑headquartered Aqua‑Chem. Aqua‑Chem will become the North American platform and the water purification global center of excellence for Nijhuis Saur Industries (NSI), expanding Saur's process water and purification capabilities across pharmaceuticals, beverage, energy and military end markets.

Veolia Acquires Multiple Hazardous Waste Firms to Expand Global Treatment Capacity

June 26, 2025

Environmental Services

Veolia (via its Veolia North America unit) announced the acquisition of three U.S. hazardous-waste companies—New England Disposal Technologies, New England MedWaste and Ingenium—alongside additional tuck-ins in Japan (Zeeklite Co. LTD) and Brazil (Alagoas Ambiental). The deals form part of a broader GreenUp strategy to add 530,000 tonnes of hazardous waste treatment capacity by 2030 (100,000 tonnes already in operation) and represent roughly €300 million of targeted acquisitions to expand regional coverage and technical capabilities.

Xpansiv Acquires APX to Expand Environmental Commodity Infrastructure

August 1, 2022

Energy

Xpansiv has completed the acquisition of APX, a provider of registry infrastructure for energy and environmental markets, integrating APX’s registry capabilities into Xpansiv’s market infrastructure for carbon, RECs, water and other environmental commodities. The deal was enabled in part by a $400 million strategic investment in Xpansiv led by Blackstone Energy Partners; advisers on the transaction included Perella Weinberg Partners for Xpansiv and Goldman Sachs for APX.

Superior Environmental Solutions Acquires American Remediation & Environmental, Inc.

January 13, 2025

Industrial Services

Superior Environmental Solutions (SES), a Palladium Equity Partners-backed environmental and industrial services platform, has acquired American Remediation & Environmental, Inc. (American Environmental), a Mobile, Alabama-based provider of tank maintenance, remediation and robotic tank cleaning. The add-on expands SES's footprint into Alabama, Mississippi and Louisiana, adds technical tank-cleaning capabilities, and brings approximately 180 employees to SES's network of 44+ facilities.