Eco Water Restoration Sold to an Individual Investor

The Amlon Group (Heartwood-Backed) Acquires EcoWater Industries (EcoWerks)

February 20, 2024

Environmental Services

The Amlon Group, a Heartwood Partners-backed environmental services platform, has acquired EcoWater Industries (dba EcoWerks), an industrial waste-to-value processor based in Port Arthur, Texas. The acquisition expands Amlon's processing capabilities, permits and capacity—adding wastewater treatment, equipment cleanout, oil recovery services and a permitted non-hazardous TSDF to its footprint.

Water Engineering Acquires Earthwise Environmental

September 20, 2023

Environmental Services

Water Engineering, a portfolio company of Nolan Capital, has acquired Earthwise Environmental, a Wood Dale, Illinois-based provider of water treatment equipment, chemicals, consultation, and preventative maintenance services. The deal is an add-on to the Water Engineering platform to expand its footprint and service capabilities across the Midwest, South and Southeast while retaining Earthwise's brand and founder Robert "Bob" Miller.

Edgewater Capital Partners Acquires AmeriWater

July 19, 2022

Healthcare Services

Edgewater Capital Partners acquired AmeriWater, a provider of water purification systems and services for healthcare (including dialysis and sterile processing) and industrial applications. Edgewater said it will support continued growth through product development, end market expansion, and technological advancements.

Private Investor Acquires Holocene Drilling, Inc.

May 23, 2022

Environmental Services

Generational Equity advised Holocene Drilling, Inc., a Puyallup, Washington-based geotechnical and environmental drilling services provider, on its sale to a private investor. The transaction closed on April 30, 2022; Holocene offers geotechnical, environmental and dewatering drilling along with related site services and serves engineering, infrastructure and environmental sector clients.

Bessemer Investors Acquires Legacy Restoration

August 9, 2021

Construction

Bessemer Investors, a New York-based investment firm, has acquired Legacy Restoration, a Plymouth, Minnesota-headquartered provider of exterior restoration and remodeling services. The deal provides liquidity to selling shareholders and growth capital to support Legacy's organic expansion and M&A strategy while founder and CEO Scott Mullins and management remain in place; financial terms were not disclosed.

U-C Coatings (High Road Capital Partners portfolio company) Acquires Eco Chemical

November 2, 2019

Manufacturing

U-C Coatings, a portfolio company of High Road Capital Partners, acquired the assets of Eco Chemical, Inc., a Seattle-based maker of waterborne wood stains and industrial coatings; the deal closed on September 9, 2019. The acquisition expands U-C Coatings' product offerings into the pressure-treated lumber channel, deepens its presence on the U.S. West Coast, and was financed with support from Madison Capital; Eco Chemical founders also reinvested alongside High Road.