Environmental Services Acquisitions in 2023

Alliance Technical Group acquired Chemtech Consulting Group, Inc. (Mountainside, New Jersey) and the air testing operations of Civil & Environmental Consultants, Inc. (locations in St. Louis, Charlotte and Knoxville) to expand its laboratory and air emissions testing capabilities and geographic footprint. The air testing carve‑out was a divestiture by CEC (advised by AEC Advisors); Alliance said the deals broaden its service coverage across key U.S. markets.

Georgia Oak Partners has acquired Septic Blue, a residential septic services provider operating in the Atlanta, Charlotte and Raleigh metro areas. Source Capital, via Source Capital Credit Opportunities IV, provided debt financing and an equity co-investment to support the transaction; Septic Blue founder Bob Minkert will remain involved for a transition period.

Brixey & Meyer Capital (BMC) has acquired Hamlett Engineering Sales Co (HESCO) and Lipp American Tank Systems (LATS), two Novi, Michigan–based service providers and process equipment distributors serving municipal water systems and large waste producers. The businesses were acquired from Kevin Livingston and Glenn Hummel, who will continue to lead and remain as owners; BMC says the investment will expand capabilities and accelerate growth.

SUEZ recycling and recovery UK has acquired independent regional recycling and waste management company F&R Cawley Ltd (Cawleys), expanding its footprint north of London and adding lithium‑ion battery processing capabilities. The acquisition includes Cawleys’ depots, materials recycling facility, transfer stations and battery processing facility, and brings more than 200 employees and ~£36.8m in turnover into SUEZ’s UK operations.

First Onsite Property Restoration, a North American disaster recovery and restoration provider and subsidiary of FirstService Corporation, has acquired DryPatrol LLC, a Dayton, Ohio-based commercial mitigation and reconstruction services provider. The acquisition expands First Onsite's footprint and capabilities in the Midwest, adding DryPatrol's water mitigation, mold, fire and environmental remediation services; financial terms were not disclosed.

Circular Services, through its recycling arm Balcones Recycling, has acquired Midwest Fiber Recycling, a family-owned materials recovery and recycling company with operations in Illinois and Indiana. The deal expands Balcones' MRF footprint into the Midwest, adds collection and brokerage capabilities, and keeps Midwest Fiber's management team in place to support further growth under Circular Services' platform.

ClimeCo, a Pennsylvania-based global sustainability firm, acquired Ampliphi and its Plastic Scorecard program to expand its circular-economy and plastics advisory capabilities. The acquisition brings Ampliphi's data-driven platform and methodology into ClimeCo's service offerings to help clients measure, mitigate and report plastic footprint and circularity performance.

Ally Waste Services, a portfolio company of RF Investment Partners, has acquired Waste Consolidators, Inc., a bulk waste collection provider serving multi-family and other residential complexes. The acquisition expands Ally Waste's service offering to include bulk trash removal and increases route density in the Phoenix and major Texas markets as part of an ongoing platform roll-up strategy.

West Edge Partners formed the INTACT Property Restoration platform and acquired regional restoration companies Flood Response (Thousand Palms, CA) and Valley Maintenance and Restoration (Hailey, ID). Valley Maintenance and Restoration’s sale to INTACT closed in June 2023; terms were not disclosed. The transactions expand INTACT’s footprint across the Western U.S. and create a platform for scale, knowledge sharing and best-practice implementation.

Integrated Water Services, Inc. (IWS), a Sciens Water-backed provider of water and wastewater treatment solutions, has acquired KLa Systems, Inc., a manufacturer of jet aeration and jet mixing technology headquartered in Assonet, Massachusetts. The acquisition expands IWS’s treatment technology capabilities and production of wastewater reuse solutions, enabling a more integrated offering for industrial manufacturers, water utilities, and municipalities.

Pritzker Private Capital has acquired HeartLand, a Kansas City–headquartered commercial landscaping platform, from Sterling Investment Partners. The investment, made alongside HeartLand founder Ed Schatz and members of management, will support the company's continued geographic and service expansion across the United States.

Blue Point Capital Partners-backed TAS Environmental Services has acquired Environmental Concepts & Services (ECS), a family-owned waste transportation and non-hazardous waste treatment provider based in Springfield, Tennessee. The acquisition is the fifth add-on for the TAS platform since Blue Point's 2019 investment and expands TAS' wastewater and waste treatment capabilities across the Southern United States.

EQT Infrastructure VI has agreed to acquire a majority position in Heritage Environmental Services (HES) from The Heritage Group. HES, headquartered in Indianapolis, Indiana, operates 37 regulated facilities in the U.S., employs roughly 1,600 people, and provides industrial and hazardous waste management, on‑site support, emergency response and sustainability services to more than 1,800 customers; EQT says it will support HES's growth, digitalization and operational improvements.

HCAP Partners has made a growth equity investment in Simplified E‑Solutions (SES), a Hazelwood, Missouri–based zero waste to landfill material processing and management company; Champlain Capital led the transaction. The capital will be used to accelerate SES’s growth, expand its zero‑waste services to new geographies and customers, and support job creation and operations expansion; terms were not disclosed.

Great Lakes Grounds Management, a Lorain-based commercial landscaping company, has acquired Raymond's Landscaping of Amherst. The deal expands Great Lakes' presence in Northeast Ohio, adding Raymond's customer base and service capabilities including seasonal landscape maintenance and snow/ice removal.

Shore Capital Partners has completed a partnership with ACTION Termite & Pest Control, a Phoenix-based pest control provider founded in 1969. Shore will support ACTION through board appointments, capital, and operational resources to accelerate regional growth and pursue organic and partnership-led expansion in the Southwest.

Kept Companies, the parent of nine facility maintenance brands, has acquired EcoSweep, a specialist in eco-friendly commercial parking facility cleaning and maintenance. The acquisition adds EcoSweep's low-water pressure washing, sweeping and parking lot striping capabilities to Kept's portfolio to expand its sustainable facility maintenance services and geographic footprint.

UES, a national engineering and consulting firm, has acquired Houston-based environmental consulting firm InControl Technologies. The acquisition expands UES' environmental services capabilities in Texas and brings InControl's site assessment, remediation management, and closure expertise into UES' regional operations.

Ruppert Landscape, a Knox Lane–backed commercial landscaping platform, has acquired Tree Amigos Outdoor Services, a Florida-based commercial landscaping company serving the Greater Jacksonville and Orlando markets. The deal expands Ruppert's footprint into Florida and integrates Tree Amigos' maintenance and installation capabilities into Ruppert's branch network to support continued regional growth.

Trinity Consultants, a Dallas-based environmental consulting firm, has acquired WestLand Resources, a Tucson-based engineering and environmental consultancy with more than 240 employees. The acquisition expands Trinity's Water & Ecology capabilities and geographic footprint across the Western United States while providing WestLand employees immediate shareholder opportunities within Trinity.

Union Park Capital, a Boston-based private equity firm, has made a majority investment in HydroGeoLogica, Inc., a Golden, Colorado-based mining-focused hydrogeology and geochemistry consulting firm. HydroGeoLogica will form a new Mining Services Group within LRE Water (a Spheros Environmental company), with founders Anita Johnson and Brent Johnson continuing to lead the group.

Trinity Consultants has acquired Soundview Consultants LLC, a Gig Harbor, Washington-based environmental consulting firm, and integrated it into Trinity’s Water & Ecology pillar. The acquisition expands Trinity’s natural and aquatic resource capabilities and supports Soundview’s succession planning and growth into new markets.

Synagro Technologies, Inc. has acquired New England Fertilizer Company (NEFCO), a Massachusetts-based biosolids management company, in a strategic transaction that expands Synagro's thermal-drying and beneficial-use capabilities. The deal adds five large facilities and several major municipal clients to Synagro's network, advancing its circular-economy offerings and capacity for biosolids beneficial use.

SmartCover Systems, a portfolio company of XPV Water Partners, has completed the acquisition of Data Flow Systems, a Melbourne, Florida provider of lift station monitoring, control and optimization solutions. The deal expands SmartCover's collection system optimization capabilities to include lift station control, creating a combined business with more than 20,000 deployed devices and service to over 850 North American customers.

Boston-based private equity firm Fort Point Capital has invested in Visu-Sewer, Inc., a Pewaukee, Wisconsin-headquartered provider of wastewater infrastructure rehabilitation and maintenance services. The partnership will support Visu-Sewer's growth plans, expand service offerings and pursue accretive acquisitions; BMO Sponsor Finance provided debt financing and advisors included Kirkland & Ellis, RSM and TKO Miller.

Waste Eliminator LLC, a Metro‑Atlanta waste and recycling services platform backed by Allied Industrial Partners, has acquired North Georgia Roll Off to expand waste handling assets and recycling capabilities in the Northeast Atlanta market. The acquisition—Waste Eliminator’s fourth since Allied’s investment in November 2021—will concentrate assets near existing infrastructure to increase margins and grow the customer base.

Greenix Pest Control, headquartered in Orem, Utah, has acquired Bamboo Pest Control of Fort Wayne, Indiana to expand its footprint in the upper Midwest. The deal increases Greenix's presence to 18 states and complements its residential and commercial pest, rodent, mosquito and related services.

Earth Systems, LLC has partnered with Orlando-based Bio‑Tech Consulting to expand its environmental engineering and ecological services capabilities across the United States. The deal strengthens Earth Systems' presence in Florida and the Southeast and is part of its long-term growth plan alongside its investor, Palm Beach Capital.

Alliance Technical Group, a Morgan Stanley Capital Partners–backed environmental testing and services platform, has acquired four independent environmental laboratories — Summit Environmental Technologies (Cuyahoga Falls, OH), Fremont Analytical (Seattle, WA), Orange Coast Analytical (Los Angeles, CA / Phoenix, AZ) and CHESTER LabNet (Portland, OR) — to build a nationwide laboratory network. The add-on deals expand Alliance's capabilities beyond air testing into water, hazardous waste, soil and PFAS/XRF analyses and broaden its geographic coverage across the United States.

Botanical Designs, a commercial plantscaping platform and portfolio company of Beach Point Capital Management, has acquired Foliage Design Systems, an interior landscaping and plantscaping services provider with a long presence in the southeastern United States. The add-on expands Botanical Designs' geographic footprint into key southeastern markets (Orlando, Tampa Bay, Jacksonville and Atlanta) and strengthens its capabilities in design, installation and contracted plant maintenance.

Caymus Equity Partners LLC has acquired Quality Environmental Services, LLC, a Beaverton, Michigan–based provider of environmental remediation services. The investment — Caymus Equity's third from Fund II and fifteenth platform investment overall — will provide capital to expand Quality's service offerings, enter new geographies and verticals, and pursue strategic acquisitions.

Angeles Equity Partners portfolio company Data Clean Corporation has acquired Sealco LLC, a Richardson, Texas-based critical environment cleaning business that serves data centers across the South and Southeast U.S. The add-on expands Data Clean’s contamination-control capabilities and extends its geographic presence into the Southeast data center market; terms were not disclosed.

Juniper Landscaping, a Fort Myers-based commercial landscaping platform backed by Bregal Partners, has acquired Shooter and Lindsey, a Houston-area landscaping maintenance and installation provider. The acquisition is Juniper's first outside Florida and expands the platform into the Greater Houston market while retaining Shooter and Lindsey's president, Brian Schmitt, as a co-owner and branch leader.

Barge Design Solutions, a Nashville-based engineering and architecture firm, has acquired Gainesville-based Environmental Consulting & Design (EC&D). The acquisition expands Barge's environmental and ecology capabilities and strengthens its footprint across Florida.

Bowman Consulting Group Ltd. has acquired Davis, California–based environmental sciences and engineering firm Blankinship & Associates. The transaction, financed with cash, seller notes and equity, brings Blankinship's staff into Bowman and is expected to be immediately accretive with an initial annualized net service billing run rate of about $3.0 million.

Tecum Capital led a minority recapitalization of Hainesport Transportation Group (HTG), co-investing alongside Dickson Suit and Environmental Services Investors (ESI), with Comerica providing senior debt. The investment will provide growth capital and strategic support to expand HTG's vertically integrated waste logistics platform across the Northeast U.S.

St. Louis-based 4M Building Solutions, backed by an investment from O2 Investment Partners, has acquired Poughkeepsie-headquartered janitorial and facility maintenance provider LCS Facility Group. The deal expands 4M's footprint into upstate New York, Texas, and Northern California; LCS will retain its name and leadership while founder Joe Lepore moves to an advisory role and his sons remain as equity holders.

Jones Lake Management, a Fort Point Capital‑backed lake management operator headquartered in Cincinnati, has acquired Ponds Rx, a Fishers, Indiana provider of pond and lake management services. The add-on expands Jones Lake Management's presence in the Indianapolis market and brings Ponds Rx's residential and commercial customers and team into the Jones platform.

Kept Companies, a national facility maintenance platform, has acquired Pressure Pros, a provider of pressure washing services for commercial, industrial and multi-family properties. The acquisition is an add-on to Kept's portfolio and expands its exterior cleaning and facility maintenance capabilities across its service offering.

Lincoln Road Global Management acquired Silversand Services and SLI Landscape and combined them with its existing platform, Zodega Landscaping, to form a consolidated commercial landscaping provider in Texas. The combined Silversand Services business, led by CEO Rob Dihu, will serve over 1,500 customers across Greater Houston, Dallas-Fort Worth and Bryan-College Station; financial terms were not disclosed.

Beneficial Reuse Management (BRM) has acquired USA Gypsum (USAG), a Denver, Pennsylvania-based drywall recycler. The acquisition expands BRM’s gypsum sourcing and recycling capabilities and broadens its geographic footprint, enabling combined operations to market over 1.5 million tons of industrial by-products annually to agricultural and industrial customers.

United Land Services, a PE-backed landscaping platform, has acquired Benchmark Landscaping and Georgia Scapes to expand its footprint in the Southeast. The platform is backed by Centre Partners and LP First Capital; terms were not disclosed and the sellers were reported to be OneOutdoor Holdings.

HighGround Restoration Group, a Trivest-backed national restoration platform, has acquired Superior Restoration, a Southern California water, mold and fire restoration services provider headquartered in Lake Elsinore, California. The add-on expands HighGround's footprint and density in Southern California while retaining Superior's founder and team to support continued growth.

PERC Water Corporation, a wholly-owned subsidiary of Consolidated Water Co. Ltd. (NASDAQ: CWCO), acquired 100% of Ramey Environmental Compliance (REC) for $4.2 million in cash. The acquisition expands PERC/CWCO’s water and wastewater operations and regulatory compliance services into Colorado, adding REC’s ~15-person team and more than 100 municipal and district customers across the Rocky Mountains and Eastern Plains.

Toronto-based private equity firm Alphi Capital completed a recapitalization of Da-Lee Group, a Stoney Creek, Ontario infrastructure and environmental services provider, in partnership with founding family members David Rogers and Lee-Ann Lochhead. The transaction was supported by Bulldog Capital Partners Inc. and is intended to provide founder liquidity while funding Da-Lee’s organic growth and buy-and-build expansion across dust control, de-icing, pavement repair and waste management services.

GFL Environmental has acquired Capital Waste Services (CWS), a Columbia, South Carolina-based regional waste hauler and Kinderhook Industries portfolio company. The tuck-in deal expands GFL’s Waste Industries footprint across the Southeast (Georgia, South Carolina and Tennessee), adding landfills, transfer stations and over 200 collection vehicles to accelerate organic growth and margin expansion.

Morgan Stanley Investment Management, through funds managed by Morgan Stanley Infrastructure Partners (MSIP), completed the acquisition of Valoriza Servicios Medioambientales S.A. from Sacyr, S.A. The transaction gives MSIP control of a leading Spanish waste-management and treatment business (operating concession-based municipal contracts and waste-to-energy/recycling facilities) with operations across Spain, Australia and Colombia and approximately 11,000 employees.

Viking Fence, with backing from Crossplane Capital, has acquired Hook-N-Haul Dumpsters, a dumpster rental provider serving the greater Austin metroplex. The acquisition adds dumpster rental capabilities to Viking's temporary site services and building-products platform, supporting geographic and capability expansion across Texas. Hook-N-Haul was founded in 2013 and operates two locations with a fleet of 12- to 40-yard dumpsters; the business was owned by Stacy and Joanie Shamblin prior to the sale.

Veolia North America has completed the acquisition of U.S. Industrial Technologies (USIT), a Michigan-based provider of hazardous, non-hazardous and recyclable industrial waste management services. The deal adds USIT's main operations in Livonia, Michigan and an operation in Knoxville, Tennessee, bringing more than 70 employees into Veolia's Environmental Solutions and Services division and expanding its hazardous waste treatment capacity and U.S. market share.

Normec has acquired UK-based environmental and water testing businesses Derwentside Environmental Testing Services Ltd. and Latis Scientific Ltd., adding three laboratory locations across the UK and bolstering its environmental testing capabilities. The deal strengthens Normec's UK footprint following earlier M&A activity and retains the DETS & Latis management team led by Kirk Bridgewood.