Patriot Environmental Acquires Transwater

TAS Environmental Services (Blue Point-Backed) Acquires Texas Water Management

January 11, 2022

Environmental Services

Blue Point Capital Partners’ portfolio company TAS Environmental Services has acquired Texas Water Management, a liquid waste transportation provider operating primarily across the Texas and Louisiana Gulf Coast. The add-on expands TAS’s liquid waste capabilities and strengthens its geographic density in the Gulf Coast region as part of TAS’s growth strategy under Blue Point.

Patriot Environmental Services Acquires Portland Wastewater Treatment Facility from PPV, Inc.

January 15, 2021

Environmental Services

Patriot Environmental Services acquired a centralized wastewater treatment facility in Portland, Oregon from PPV, Inc. The asset purchase gives Patriot a foothold in the Pacific Northwest and expands its environmental services footprint; CriticalPoint served as advisor to Patriot on the transaction.

Tailwater Capital Acquires NorTex Midstream Partners

February 17, 2021

Oil & Gas

Dallas-based private-equity firm Tailwater Capital agreed to acquire NorTex Midstream Partners LLC, a Houston-based natural-gas storage and midstream operator. The acquisition gives Tailwater ownership of NorTex’s underground storage capacity (about 36 billion cubic feet), a trading hub and roughly 83 miles of pipeline near the Dallas–Fort Worth area to support gas-fired power generation as a complement to renewable energy.

Sentar Inc. Acquires Waterfront Technical Services

August 2, 2023

Aerospace & Defense

Sentar Inc., a Huntsville-based cyber intelligence and technology firm, has acquired Waterfront Technical Services, a Huntsville company that provides flight and ground operations, data center operations, IT, software development, and test support for NASA missions. The acquisition expands Sentar's capabilities and reach into civil space programs, with Waterfront's president Allan McCaleb joining Sentar as Director of Civil Space programs.

ChemREADY Acquires Waterra Corporation

May 2, 2023

Environmental Services

ChemREADY, a Twinsburg, Ohio-based provider of industrial water and wastewater treatment chemicals, equipment and services, has acquired Waterra Corporation of Wexford, Pennsylvania. The acquisition fills a geographic coverage gap for ChemREADY in western Pennsylvania and expands its market share in eastern Ohio while retaining Waterra's president Michael Spence to support the transition.

Transition Capital Partners Acquires PAT Tank Inc.

November 1, 2024

Industrial Services

Transition Capital Partners (TCP), with financing and an equity co-investment from Plexus Capital, acquired PAT Tank Inc., a Port Arthur, Texas-based provider of above-ground storage tank construction and repair. The transaction closed November 1, 2024, with 3 Rivers Capital selling its portfolio company; GulfStar served as exclusive financial advisor to PAT Tank. The deal positions TCP to capitalize on ongoing regulatory-driven demand for tank installation, repair and upgrades across Gulf Coast industrial markets.