The strategic investment will . Announced Date Dec 21, 2020 Acquisition Type Acquisition Acquisition Status Complete Recent News With its new partnership, Inframark will maintain its multi-faceted growth strategy focused on enhancing its service offering and expanding into new and adjacent markets. * Since inception, New . New Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation. Harris Williams served as the exclusive advisor to Inframark on this transaction. Its North American operations manages facilities that can treat over 900 million gallons of drinking water and wastewater daily. The Firm looks to commit $25 to $75 million in profitable companies with up to $250 million in revenue. Position Purpose: Home Depot is the world's #1 home improvement retailer with over $150B in annual sales. Deal marks successful exit for New Mountain Capital Windsor, Connecticut, New York, New York - October 14, 2021 - TRC, a leading, global consulting, engineering and construction firm that provides environmentally focused and digitally powered solutions, announced today a significant growth investment from Warburg Pincus, a leading global growth investor. Before Valicor, he also served as Chief Executive Officer for ReCommunity Recycling, which was the largest independent processor of municipally generated curbside recyclables in the U.S. Before ReCommunity, James served as the Chief Executive Officer for Thermo Fluids Inc., which was the 3rd largest collector and processor of used motor oil in the U.S. Mr. Devlin joined the Board of Directors for Aperions portfolio Company Tri Con Works, which is a leading provider of landfill gas system construction projects and industrial construction projects, via their Diamondback construction division. Horsham, Pennsylvania. These funds include New Mountains sixth flagship private equity fund, New Mountain Partners VI, L.P. (Fund VI), with $9.6 billion of capital, and its first non-control private equity fund, Strategic Equity Fund I, L.P. (SEF I), with $640 million of capital. New Mountain Capital founded by Steve Klinsky, 1633 Broadway, 48th Floor | New York, New York 10019. All News. The firm prefers to invest in companies from the education, healthcare, software, business services, logistics, chemicals, federal services, financial services . New Mountain Capital ("New Mountain") is an alternative investment manager with private equity, credit, public equity and net lease strategies. Get to Know Us. New Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation. Inframark has demonstrated a strong commitment to client service, innovation and environmentally-friendly solutions while ensuring the delivery of safe and clean water to more than four million people across the United States, said Lars Johansson, Managing Director at New Mountain Capital. We look forward to accelerating the scalable growth plan against which Stephane and his leadership team are already executing. 1633 Broadway, 48th Floor | New York, New York 10019. Harris Williams served as the exclusive advisor to Inframark on this transaction. New Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation. New Mountain also prefers businesses that succeed in both good and bad economies. Per the revised offer, New Mountain has agreed to pay $27 per share in cash to the shareholders of Aegion ( AEGN ), which is higher than an earlier buyout bid of $26 per share announced last. Bluegrass Dairy and Food, Inc. is a processor of custom, value-added dairy ingredients for the food and beverage industry. The vast majority of Fund V investors returned for Fund VI, and the firm also added many new investors, with notable expansion from Asia, Europe and Latin American regions. Inframark is a leading national provider of outsourced operations and maintenance ("O&M") services to water and wastewater treatment facilities for both municipal and industrial customers. Access Holdings - Regency Family. Read the full #pressrelease here: https://loom.ly/GbjEaig. New Mountain Capital 4 years 5 months Director New Mountain Capital . In recent years, Inframark has doubled down in an attempt to grow its national footprint organically. For more information, visit www.newmountaincapital.com. Read. With its new partnership, Inframark will maintain its multi-faceted growth strategy focused on enhancing its service offering and expanding into new and adjacent markets. 1633 Broadway, 48th Floor | New York, New York 10019. New Mountain has acquired its interest in Inframark from PPC Enterprises LLC (PPC) and Alston Capital Partners LLC (Alston). Inframark, LLC, is pleased to announce that it has partnered with New Mountain Capital, a leading growth-oriented investment firm with $28 billion in assets under management. Any such offer or solicitation can only be made through a definitive private placement memorandum describing the terms and risks of an investment to sophisticated persons who meet certain qualifications under the federal securities laws and are capable of evaluating the merits and risks of the investment. Twelve years ago, in 2010, my private equity firm, New Mountain Capital, acquired a little-known Wisconsin software company, RedPrairie, for $565 million. With more than 40 years of experience in managing water-related infrastructure, the company employs in excess of 1,500 people serving more than 400 clients in 19 states. We look forward to accelerating the scalable growth plan against which Stephane and his leadership team are already executing. Management will pursue this through an increased focus on strategic acquisitions and continued investment in capabilities and technologies that deliver more value to customers across core business units: operation and maintenance of water and wastewater systems, management of community infrastructure, and related services. Phone: 215.859.7239 To ensure the most secure and best overall experience on our website, we recommend the latest versions of. The firm currently manages private equity, public equity, and credit funds with over $30B in assets under management. Acquisition of eight new private equity platform companies, two non-control SEF I positions, and five major add-ons to existing companies, deploying $2.6 billion of fund capital in total. ("New Mountain", and together with such affiliates "Buyer"), a leading growth-oriented investment firm headquartered in New York, in a transaction valued at approximately $963 million that. California Level IV Wastewater License required. Inframarks management team, led by CEO Stephane Bouvier, will continue to lead the business and execute upon their strong vision for the future. The firm currently. The firm currently manages private, public equity, and credit funds with over $9 billion in aggregate capital commitments. New Mountain has built expertise in sectors that now include life sciences/advanced materials, healthcare technologies, advanced data and analytics, infrastructure/water/power services, digital transformation services, software, niche consumer products, financial services, supply chain and others. James Devlin serves as Chief Executive Officer of Inframark. Valicor was the largest company in the U.S. specializing in the collection, transportation and treatment of non-hazardous industrial wastewater, in addition to providing other services, such as product destruction, recycling and waste oil collection and processing. Please note, this position is located at Sugarbush Resort in Warren, VT Year RoundRESORT OVERVIEW: Sugarbush Resort is a year-round destination offering some of the best skiing and riding in the east, an award-winning ski school, mountain biking, golf, disc golf, an array of dining venues, and a fully appointed Health and Recreation Center. This recent activity capped a strong year for New Mountain in 2020. Dana Gorman / Claire Walsh Inframark Inframark is an Water Infrastructure Operations and Infrastructure Management Services. Inframark has demonstrated a strong commitment to client service, innovation and environmentally-friendly solutions while ensuring the delivery of safe and clean water to more than four million people across the United States, said Lars Johansson, Managing Director at New Mountain Capital. Our firms expertise in supporting market leaders on their growth journey will be the basis for a meaningful partnership.. For more information on New Mountain Capital, please visit www.newmountaincapital.com, Copyright 2023, All Rights Reserved | Privacy | Terms of Usewww.inframark.com, Congratulations to Four Prestigious Communities We Are Honored to Serve in Pure Partnership, Community Association Institute (CAI) Names Inframark Management Company of the Year. New Mountain Capital - Inframark. Its infrastructure management services group serves 220 clients with financial, administrative and specialized support services. Read. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX. Musk Made a Mess at Twitter. Sale, or partial sales, of seven companies generating total gross cash returned or in contract, of $5.4 billion. With its new partnership, Inframark will maintain its multi-faceted growth strategy focused on enhancing its service offering and expanding into new and adjacent markets. Distribution system . New Mountains credit strategy applies the firm's "defensive growth" investment philosophy to corporate lending opportunities. The firm prefers to acquire a majority interest in target companies. New Mountain Capital LLC acquired a stake in American water-related infrastructure services company Inframark LLC from PPC Enterprises LLC and Alston Capital Partners. New Mountain Capital, LLC, together with its affiliates (New Mountain), manages private equity, credit and net lease capital with aggregate assets under management totaling more than $37 billion. New Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation. Acquired by New Mountain Capital (Investor) on 2020-12-21 Inframark Inframark LLC 2002 W Grand Parkway N Suite100, Katy, Texas 77449 United States, (281) 578-4200 www.inframark.com Profile Investors (4) M&A Activity (3) Analytics Simpson Thacher & Bartlett serves as legal advisor for the Fund. New Mountains Net Lease strategy seeks to acquire operationally critical real estate assets from sponsor-backed companies in defensive growth industries. Email: dtg@abmac.com / cw@abmac.com, Internet Explorer presents a security risk. New Partnership Enables Water Services Firm to Expand Service Offerings, Enter Adjacent Markets, and Pursue Acquisition Opportunities HORSHAM, PA and NEW YORK- December 21, 2020 - Inframark, LLC, is pleased to announce that it has partnered with New Mountain Capital, a leading growth-oriented investment . Sparta Systems was formed in 1994 and is based in Hamilton, New Jersey. Bluegrass Dairy and Food was established in 1995 and is based in Springfield, Kentucky. New Mountain has raised over $36 billion of committed capital across private equity, credit and net lease investment strategies. It also manages more than 7,000 miles of wastewater collection and water distribution networks. About INFRAMARKInframark, LLC is a standalone American infrastructure services company focused on operation and maintenance of water and wastewater systems, management of community infrastructure, and back-office services. The Firm seeks opportunities with $10 to $150 million headquartered throughout the US and Canada. Its infrastructure management services group serves 220 clients with financial, administrative and specialized support services. Jennifer Flipping The investment provides access to capital that enhances Inframarks capacity for growth while maintaining and building on its leadership position in the outsourced water services market. Bluegrass sources raw milk from dairy farmers and processes it into a wide range of intermediate and shelf stable goods such as dry milk and cheese powders, non-dairy creamers, shortening powders, cheese, and specialty butters. Continued focus on control of risk, social responsibility and broader ESG initiatives. Within specialty manufacturing, Alston looks for market leading, low fixed asset companies that produce high value-added products. Were thrilled to enter this new relationship with New Mountain Capital and build on a growth model that has delivered terrific results for our company and our customers to date with substantial long-term tailwinds for the future., Max Alper, Partner and Head of Industrials at PPC commented, We are very proud to have established Inframark as a stand-alone entity three years ago and to have partnered with management during the first stage of the Companys significant growth as an independent business. New Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation. In September 2021 we sold that same. Management will pursue this through an increased focus on strategic acquisitions and continued investment in capabilities and technologies that deliver more value to customers across core business units: operation and maintenance of water and wastewater systems, management of community infrastructure, and related services. New Mountain has particularly sought to continuously strengthen its operational and business building capabilities over time. On behalf of PPC and Alston, we wish them all the best for the future.. Harris Kealey, Managing Director at New Mountain Capital, commented, "We have long admired Aegion, its management team and talented employees, and we believe New Mountain can bring the key . New Mountain has acquired its interest in Inframark from PPC Enterprises LLC (PPC) and Alston Capital Partners LLC (Alston). 1 . New Mountain has never had a private equity bankruptcy or missed an interest payment in its history. The firm currently manages private equity, public equity, and credit funds with over $30 billion in assets under management. New Mountain Capital is a private equity general partner firm headquartered in New York, NY, United States. Were thrilled to enter this new relationship with New Mountain Capital and build on a growth model that has delivered terrific results for our company and our customers to date with substantial long-term tailwinds for the future., Max Alper, Partner and Head of Industrials at PPC commented, We are very proud to have established Inframark as a stand-alone entity three years ago and to have partnered with management during the first stage of the Companys significant growth as an independent business. New Mountain Capital ("New Mountain") is an alternative investment manager with private equity, credit and net lease strategies. Inframark, LLC, Acquires Two Subsidiaries of Meritus Corp. Under no circumstances does the information contained herein constitute an offer to sell or a solicitation of an offer to buy any security or interest in an investment vehicle managed by New Mountain Capital. Its infrastructure management services group serves 220 clients with financial, administrative and specialized support services. The firm currently manages private equity, public equity, and credit funds with over $30B in assets under management. It also reflects New Mountain Capitals confidence in the firms strong reputation, robust operating model and outstanding approach to service. Within the environmental sector, Alston targets businesses that reduce waste and improve resource consumption. Inframark's management team, led by CEO Stephane Bouvier, will continue to lead the business and have a meaningful ownership stake alongside New Mountain. Inframark, LLC (www.inframark.com) is a standalone American infrastructure services company focused on operation and maintenance of water and wastewater systems, management of community infrastructure, and back-office services. Its North American operations manages facilities that can treat over 900 million gallons of drinking water and wastewater daily. Life Sciences Outsourcing, Inc. is headquartered in Brea, California, and has successfully worked with more than 850 medical device startups as a trusted outsource partner by accelerating product speed to market and enabling customers to continually develop increasingly complex and innovative commercial medical devices. <br><br><i>You will</i> train to . New Mountain Capital has proactively developed particular research and operational expertise in carefully selected defensive growth niches of healthcare, software, business services, information and data, logistics, specialty chemicals, federal services, financial services, and environmental services. Get the best of Water Online delivered straight to your Inbox! Founded in 1999, New Mountain Capital is an asset management firm headquartered in New York, New York. It also manages more than 7,000 miles of wastewater collection and water distribution networks. SEF I has made two portfolio investments: Lincoln Investment Capital Holdings LLC, a full-service RIA/broker dealer, and IMA Financial Group, Inc., a property and casualty-focused specialty insurance brokerage. The Plant Manager reports to a Project Manager who is based offsite at a neighboring facility. This is New Mountain Capitals 3rd transaction in Texas. Full-Time. Project Manager. Inframark 12,373 followers 2y #Breakingnews: Inframark Partners with New Mountain Capital for Next Phase of Growth. New Mountain Capital works systematically to establish expertise in additional sectors over time. The investors in Fund VI include approximately 300 of the worlds leading pension funds, insurance companies, sovereign wealth funds, asset managers, family offices, high net worth individuals and endowments. New Mountain has acquired its interest in Inframark from PPC Enterprises LLC (PPC) and Alston Capital Partners LLC (Alston). He has broad management experience as well as a proven track record of successful acquisitions and integrations. The firm currently manages private equity, public equity, and credit funds with over $30 billion in assets under management. Inframark Partners with New Mountain Capital for Next Phase of Growth. #Breakingnews: Inframark Partners with New Mountain Capital for Next Phase of Growth. We look forward to accelerating the scalable growth plan against which Stephane and his leadership team are already executing. Since becoming Inframark three years ago under PPC and Alstons ownership, our team has placed an unwavering focus on deepening client relationships to become a recognized leader in water and infrastructure operations, said Stephane Bouvier, CEO of Inframark. Phone: 212-371-5999 With more than 40 years of experience in managing water-related infrastructure, the company employs in excess of 1,500 people serving more than 400 clients in 19 states. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Jan 29, 2021. With more than 40 years of experience in managing water-related infrastructure, the company employs in excess of 1,500 people serving more than 400 clients in 19 states. New Mountain seeks out what it believes to be the highest quality growth leaders in carefully selected industry sectors and then works intensively with management to build the value of these companies. Prior to joining New Mountain Capital in 2005, Mr. Weinstein was a Manager at Deloitte & Touche, LLP and worked in that firm's merger and acquisition and private equity investor services areas. New Partnership Enables Water Services Firm to Expand Service Offerings, Enter Adjacent Markets, and Pursue Acquisition Opportunities. Abernathy MacGregor Looking for a Plant Manager in our Mountain House Wastewater Plant. Description. Since becoming Inframark three years ago under PPC and Alstons ownership, our team has placed an unwavering focus on deepening client relationships to become a recognized leader in water and infrastructure operations, said Stephane Bouvier, CEO of Inframark. Read the full #pressrelease here: https://loom.ly/GbjEaig. The firm currently manages private equity, credit, and net lease real estate funds with over $35 billion in assets under management. The two funds include its flagship fund, New Mountain Partners VI LP ("Fund VI"), with $9.6 billion of capital, and the firm's first non-control private equity fund, Strategic Equity Fund I LP ("SEF I") with $640 million of capital. New Mountain Capital has closed two new private equity funds with $10.2 billion in total capital commitments. Acquiring Organization: New Mountain Capital New Mountain Capital manages private equity and public equity capital with aggregate assets. New Mountains private equity strategy seeks to acquire the highest quality leaders in carefully selected "defensive growth" industries, and then to build those businesses. Since becoming Inframark three years ago under PPC and Alstons ownership, our team has placed an unwavering focus on deepening client relationships to become a recognized leader in water and infrastructure operations, said Stephane Bouvier, CEO of Inframark. It also manages more than 7,000 miles of wastewater collection and water distribution networks. Whitesburg, Kentucky. New Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation. Additional details on New Mountains social responsibility can be found on the website. With its new partnership, Inframark will maintain its multi-faceted growth strategy focused on enhancing its service offering and expanding into new and adjacent markets. New Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation. James Devlin Chief Executive Officer, Inframark James Devlin serves as Chief Executive Officer of Inframark. New Mountain has raised over $36 billion of committed capital across private equity, credit and net lease investment strategies. We are grateful to the entire leadership team and all the employees of Inframark for the enormous work that has gone into the successes achieved during our ownership. It should not be assumed that an investment will be profitable or that the performance of any particular investment will equal its past performance. About New Mountain Capital New Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital. Inframark, LLC, is delighted to announce that it has partnered with New Mountain Capital, a top growth-oriented financial investment firm with $28 billion in property beneath administration.