Wind River Environmental Acquires Cloud 9 Services, LLC
February 2, 2024
Wind River Environmental, a Gryphon Investors–backed environmental services platform, has acquired Cloud 9 Services, LLC, a Florida-based provider of hydro excavation, commercial plumbing, pipelining and underground utility services. The business was a portfolio company of Canopy Capital Management; the acquisition supplements Wind River's central and northern Florida operations and keeps Cloud 9's president Curtis Walker in a senior leadership role.
- Buyers
- Wind River Environmental, LLC
- Targets
- Cloud 9 Services, LLC
- Sellers
- Canopy Capital Management, LLC
- Platforms
- Wind River Environmental, LLC
- Industry
- Environmental Services
- Location
- Florida, United States
- Transaction Type
- Addon
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Canopy Capital Partners Acquires Majority Stake in Cloud 9 Services
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Canopy Capital Partners, a Tampa-based private equity firm, acquired a majority stake in Cloud 9 Services (Orlando), a specialist underground water and sewer infrastructure contractor. The founders Rick and Lucy Fender remain involved while day-to-day operations will be led by promoted President Curtis Walker as Canopy positions Cloud 9 as a platform for growth; the deal closed January 31, 2022.
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