Crestline Credit Facility Funding for Kinderhook Merger of Ironclad Environmental Solutions and Mersino Water Solutions
April 21, 2026
Crestline announced the close of an upsized $74.0 million position in its credit facility to Ironclad Environmental Solutions to finance the merger of Ironclad and Mersino Water Solutions. The combination creates IRONCLAD Powered by Mersino, a national water management and specialty liquid containment infrastructure platform, with both businesses previously held by Kinderhook Industries.
- Buyers
- Crestline Management, L.P.
- Targets
- IRONCLAD Powered by Mersino, Ironclad Environmental Solutions, Inc., Mersino Water Solutions
- Sellers
- Kinderhook Industries, LLC
- Platforms
- IRONCLAD Powered by Mersino
- Industry
- Infrastructure
- Location
- Texas, United States
- Transaction Type
- Addon
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