Platform Partners Acquires Progressive Pipeline Management (PPM)
November 21, 2024
Platform Partners, LLC has acquired Progressive Pipeline Management (PPM), a trenchless pipeline rehabilitation contractor that specializes in cured-in-place lining for natural gas distribution pipelines. Commonwealth M&A served as exclusive sell-side advisor and the deal provides PPM with financial and strategic backing to support growth and innovation.
- Buyers
- Platform Partners, LLC
- Targets
- Progressive Pipeline Management (PPM), LLC
- Sellers
- David Wickersham (founder)
- Industry
- Infrastructure
- Location
- New Jersey, United States
- Transaction Type
- Buyout
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