Aquafinity (Turning Basin-backed) Acquires Aquatic Environmental Systems

Commercial Energy Specialists Holdings Acquires Duffield Aquatics, Inc.

December 16, 2021

Environmental Services

Commercial Energy Specialists Holdings LLC (CES Holdings), a platform backed by Turning Basin Capital Partners and Vigeo Investments, acquired Duffield Aquatics, Inc., a full-service provider of water treatment programs for commercial and institutional pools based in Anderson, South Carolina. The add-on expands CES Holdings' geographic footprint and strengthens its market position across the Southeastern United States; terms were not disclosed and the deal closed January 14, 2022.

Turning Basin Capital and Vigeo Investments Invest in Commercial Energy Specialists

June 18, 2021

Environmental Services

Turning Basin Capital and Vigeo Investments completed an investment in Commercial Energy Specialists (CES), a Jupiter, Florida-based provider of service-supported distribution and water quality management solutions. The firms are partnering with CES management—led by CEO Alvaro Mendoza, who remains a significant owner—to scale the business nationally as a platform for consolidation in the commercial water quality market; terms were not disclosed and BankUnited provided senior debt financing.

Jones Fish Acquires Aqua Services

March 22, 2023

Environmental Services

Jones Fish Hatcheries & Distributors, LLC has completed the acquisition of Aqua Services, Inc., a Guntersville, Alabama-based provider of large-scale reservoir aquatic plant control, water quality enhancement and fisheries management services. The deal, supported by Jones Fish's partner Fort Point Capital, expands Jones Fish's service offering and footprint in the Southeastern United States.

Bain Capital Double Impact Invests in AqueoUS Vets

January 26, 2022

Environmental Services

AqueoUS Vets, a vertically integrated manufacturer and servicer of water treatment systems based in Redding, California, secured a growth investment from Bain Capital Double Impact. The capital and Bain's platform will support AV's national expansion, broaden and diversify its service offerings, and scale deployment of solutions for emerging contaminants including PFAS.

TIGRIS Aquatic Services Acquires Aquagenix from DeAngelo Contracting Services

February 6, 2025

Environmental Services

TIGRIS Aquatic Services, a Plexus Capital portfolio company, has merged with Aquagenix, a Florida-based lake, pond and stormwater management firm previously owned by DeAngelo Contracting Services. The deal (TIGRIS' largest to date) expands TIGRIS' footprint across Florida, adds fountain and aeration manufacturing/installation capabilities, and broadens its service offering for municipal, HOA and commercial customers.

AQUALIS Acquires Environmental Services, Inc. (ESI)

June 10, 2021

Environmental Services

AQUALIS, a portfolio company of DFW Capital Partners, has acquired the assets of Environmental Services, Inc. (ESI), a stormwater management firm headquartered in Gilford, New Hampshire. The add-on expands AQUALIS' vac/jetting, sediment cleaning and water quality testing capabilities and increases its service density across the Northeast and Mid-Atlantic.