Inframarks management team, led by CEO Stephane Bouvier, will continue to lead the business and execute upon their strong vision for the future. 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. Twelve years ago, in 2010, my private equity firm, New Mountain Capital, acquired a little-known Wisconsin software company, RedPrairie, for $565 million. 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. Water Innovations Digital Magazine Archive. Sectors of interest include education, healthcare, business services, federal IT services, media, software, consumer products, logistics, financial services and technologies, and energy. This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, More Iranian Schoolgirls Sickened in Suspected Poisoning Wave, No Major Offer Expected on Childcare in UK Budget, Data Fraud Is Focus To Bolster Chinas Lackluster Carbon Market, China Gives New Backing to Coal Even as Clean Energy Accelerates, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? Working at New Mountain Capital | Glassdoor 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. The Plant Manager reports to a Project Manager who is based offsite at a neighboring facility. New Mountain has acquired its interest in Inframark from PPC Enterprises LLC (PPC) and Alston Capital Partners LLC (Alston). Within the environmental sector, Alston targets businesses that reduce waste and improve resource consumption. This is New Mountain Capitals 3rd transaction in Texas. 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. SEF I, which is dedicated to non-control/minority investments, held its final closing in September. New Mountain already owns engineering and construction management firm TRC Companies, although it remains unclear what potential there is for Inframark to make use of TRC's capabilities. Harris Williams advised Inframark, a portfolio company of PPC Enterprises and Alston Capital Partners, on its new partnership with New Mountain Capital. New Mountain Capital Acquires Inframark | Mergr M&A Deal Summary Aegion (AEGN) to be Acquired by Affiliates of New Mountain Capital for 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. James Devlin Chief Executive Officer, Inframark James Devlin serves as Chief Executive Officer of Inframark. Under the general guidance of the Project Manager, the ideal candidate will assist with operations and management of the municipal services delivery including water and wastewater management compliance as well as public works administration. The expense delivers entry to capital that boosts Inframark's ability for expansion whilst protecting and setting up on its leadership position in the . Water Infrastructure Operations. Alston Capital Partners is a lower middle-market private equity firm focused on investing in specialty manufacturing, environmental, and technology companies. 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 is an infrastructure services company focused on the operation and maintenance of water and wastewater systems, management of community infrastructure, and back-office services. New Mountain Capital works systematically to establish expertise in additional sectors over time. 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. 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 firm with $28 billion in assets under management. 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. 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. 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. It also reflects New Mountain Capitals confidence in the firms strong reputation, robust operating model and outstanding approach to service. HORSHAM, Pa. & NEW YORK--(BUSINESS WIRE)--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. New Mountains private equity strategy seeks to acquire the highest quality leaders in carefully selected "defensive growth" industries, and then to build those businesses. Facebook; LinkedIn; New Partnership Enables Water Services Firm to Expand Service Offerings, Enter Adjacent Markets, and Pursue Acquisition Opportunities. The firm currently manages . 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. Inframark Partners with New Mountain Capital for Next Phase of Growth 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. Email: dtg@abmac.com / cw@abmac.com, Internet Explorer presents a security risk. Nothing presented herein is intended to constitute investment advice, and no investment decision should be made based on any information provided herein. Inframark set for acquisitive growth under new owner This is New Mountain Capitals 1st transaction in the Infrastructure sector. All News. Sparta Systems is a provider of quality management software to the pharmaceutical, medical device, and consumer products industries. 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. The management team will continue to have a meaningful ownership interest alongside New Mountain. Terms of the transaction were not disclosed. The firm currently manages private equity, public equity, and credit funds with over $30B in assets under management. 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. Distribution system . New Mountain Capital founded by Steve Klinsky, 1633 Broadway, 48th Floor | New York, New York 10019. Spartas software solutions help improve quality outcomes and incident response, with improved regulatory compliance and lower administrative costs. Fund VI and SEF I will continue to pursue New Mountains strategy of emphasizing non-cyclical growth and business building for companies in carefully selected defensive growth industries. New Mountain Capital 4 years 5 months Director New Mountain Capital . New Mountain's aggregate assets under management total. With experience spanning more than 40 years, Inframark provides overall management of water and wastewater systems in 19 states. Read the full #pressrelease here: https://loom.ly/GbjEaig. New Mountain Capital | Palico Battery Solutions is a provider of battery recycling services to corporations, governments, municipalities, and households. Atlanta, GA. Posted: January 27, 2023. The management team will continue to have a meaningful ownership interest alongside New Mountain. Harris Williams served as the exclusive advisor to Inframark on this transaction. Serves as Interim Deputy Director of Field Operations for Pittsburgh Water and Sewer Authority. INFRAMARK, LLC. Abernathy MacGregor For more information, visit www.inframark.com. It also manages more than 7,000 miles of wastewater collection and water distribution networks. Acquiring Organization: New Mountain Capital New Mountain Capital manages private equity and public equity capital with aggregate assets. 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. 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. Water Infrastructure Operations | Inframark 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 serves as Chief Executive Officer of Inframark. Its North American operations manages facilities that can treat over 900 million gallons of drinking water and wastewater daily. We will strive to continue to build great businesses for the benefit of our investors, and the community at large, in the years ahead.. Water wastewater operator jobs | Careers in Utilities Delgado currently serves on the Board of Directors of HomeX, Qualus Power Services, Inframark, Horizon Services, Finvi, Pearce Services, Aegion . Whitesburg, Kentucky. Read. New Mountain Capital ("New Mountain") is an alternative investment manager with private equity, credit and net lease strategies. Dana Gorman / Claire Walsh Bluegrass Dairy and Food, Inc. is a processor of custom, value-added dairy ingredients for the food and beverage industry. 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. Our payment window hours are Monday through Friday from 8:00 a.m. to 5:00 p.m. Alston Capital Partners was formed in 2011 and is based in New York City. 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. EMAIL: CustomerCare@Inframark.com. HOURS OF OPERATION (Closed for Major Holidays): For general phone inquiries, please contact our Customer Care department Monday through Friday from 7:00 a.m. to 6:00 p. m., with the exception of holidays. Get to Know Us. Founded in 1999, New Mountain Capital is an asset management firm headquartered in New York, New York. Harris Williams served as the exclusive advisor to Inframark on this transaction. Todd Adams - ESG - ESG Operations, Inc. | LinkedIn Based on the firms last social dashboard (published in March 2020 representing 2019 data), the private equity portfolio companies under New Mountains ownership have added or created over 46,000 jobs net of any job losses and maintained a median income of ~72% above national individual median income. www.newmountaincapital.com. The firm currently manages private equity, credit, and net lease real estate funds with over $35 billion in assets under management. 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 . Get the latest water industry news, insights, and analysis delivered to your inbox. We aim to generate current income and capital appreciation through investments in debt securities at all levels of the capital structure. The firm currently manages private equity, credit, net lease real estate and public equity funds with over $30 billion in assets under management. Bill Shreve - Mechanicsville, Maryland, United States | Professional Terms of the transaction were not disclosed. Bouclair was founded in 1970 and is based in Pointe-Claire, Quebec. Inframark Partners with New Mountain Capital for Next Phase of Growth New Mountain also prefers businesses that succeed in both good and bad economies. Description. Get the best of Water Online delivered straight to your Inbox! Its infrastructure management services group serves 220 clients with financial, administrative and specialized support services. Announced Date Dec 21, 2020 Acquisition Type Acquisition Acquisition Status Complete Recent News These investments include HealthComp, LLC, a health benefits administrator; Tinuiti, Inc., a digital performance marketing firm; and Inframark, LLC, a water infrastructure services company; with the fourth investment in the digital services/digital transformation space to be announced. Musk Made a Mess at Twitter. There is a risk of loss from an investment in securities, including the potential loss of principal. For more information on New Mountain Capital, please visit www.newmountaincapital.com, Inframark 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. 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. 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. The Firm seeks opportunities with $10 to $150 million headquartered throughout the US and Canada. As the world's largest independent clinical biostatistics research and development organization, Cytel helps leading pharmaceutical, biotech, and medical device companies improve clinical success rates via optimal study design, effective data management, and accurate statistical analysis. Access Holdings - Regency Family. The Company is one of four national operators in the water and wastewater O&M space and the only pure-play provider. 1633 Broadway, 48th Floor | New York, New York 10019. 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. 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. Aegion Receives Higher Buyout Offer From New Mountain Capital Full-Time. New Mountain Capital Completes $10.2 Billion of Private Equity 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. These funds include New Mountain's 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 . The firm currently manages private equity, public equity, and credit funds with over $30 billion in assets under management. Inframark, LLC, Acquires Two Subsidiaries of Meritus Corp. The firm prefers to invest in companies from the education, healthcare, software, business services, logistics, chemicals, federal services, financial services . Position Purpose: Home Depot is the world's #1 home improvement retailer with over $150B in annual sales. For more information on New Mountain Capital, please visit www.newmountaincapital.com, Copyright 2023, All Rights Reserved | Privacy | Terms of Use, Inframark Partners with New Mountain Capital for Next Phase of Growth, New Partnership Enables Water Services Firm to Expand Service Offerings, Enter Adjacent Markets, and Pursue Acquisition Opportunities, Inframark Acquires Texas-based Certified Management of Austin (CMA) to Add to Growing Community Management Portfolio, Inframark Names Greg Guard as Its New Chief Growth Officer, Inframark Acquires Texas-based BLTI to Add to Growing SCADA Portfolio, Gilbert, Arizona Sustainability Through Reclaimed Water Reuse, Blanco, Texas, Selects Inframark to Operate Its Public Works Department. 1 . TRC Announces Growth Investment from Warburg Pincus; Deal - Benzinga New Mountain Capital | LinkedIn Over $20B of these sales come from our market-leading interconnected customer experiences, which combine cutting edge ecommerce capabilities with trusted value of our 2,000+ stores and . New Mountain has particularly sought to continuously strengthen its operational and business building capabilities over time. 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. Investors (4) M&A Activity (3) Analytics. 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. 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. 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We look forward to accelerating the scalable growth plan against which Stephane and his leadership team are already executing. 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. Aegion Enters into Definitive Agreement to be Acquired by Affiliates of Profile. 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. Public Pension Capital is a private equity firm focused on investing in US-based middle-market companies operating in the business services, industrial services, financial services, healthcare, and specialty chemicals sectors. New Mountain collects $10.2bn across two PE funds It also reflects New Mountain Capitals confidence in the firms strong reputation, robust operating model and outstanding approach to service. Inframark is an infrastructure services company focused on the operation and maintenance of water and wastewater systems, management of community infrastructure, and back-office services. The firm currently manages private equity, credit, net lease real estate and public equity funds with over $30 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. Mr. Devlin is a seasoned operating executive and investor with directly relevant industry knowledge and experience in waste management and environmental services industries. Inframark's management team, led by CEO Stephane Bouvier, will continue to lead the business and have a meaningful ownership stake alongside New Mountain. 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 identified Inframark as part of its multi-year deep-dive sector initiatives in sustainability and infrastructure & utility services, which include a specific focus on water services. Posted: February 28, 2023. Inframark, LLC, is pleased to announce that it has partnered with New Mountain Capital, a leading growth-oriented investment firm with $28B in assets under management. Within specialty manufacturing, Alston looks for market leading, low fixed asset companies that produce high value-added products. ("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. . Full-Time. Its North American operations manages facilities that can treat over 900 million gallons of drinking water and wastewater daily. As Assistant Project Manager with ESG Operations, you will manage day-to-day activities of a team providing contract operations, maintenance, and management of utilities to include:<br><br> Developing new plans, programs and operations to attain higher quality levels of service and/or cost . 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. The Firm looks to commit $25 to $75 million in profitable companies with up to $250 million in revenue. New Mountain proactively develops research and operational expertise in these acyclical niches through multi-year industry deep dive work that leads to targeting industry sub-sectors and specific companies of interest. 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. State University of New York at New Paltz (3) State of Vermont (3) Stellant Systems (3) Structural Group (3) Suffolk Construction (3) Sycuan (3) Systems Planning and Analysis, Inc. (3) TEXAS DEPARTMENT OF LICENSING AND REGULATION (3) TEXAS DEPARTMENT OF PUBLIC SAFETY DEPT 405 (3) TEXAS PARKS & WILDLIFE (3) THE DOE RUN COMPANY (3) TIAA (3 . New Mountain Capital was formed in 2000 and is based in New York City. Inframark Inframark is an Water Infrastructure Operations and Infrastructure Management Services. For more information, visit www.newmountaincapital.com. The firm currently manages private equity, public equity, and credit funds with over $30 billion in assets under management. New Mountain's aggregate assets under management total over $33 billion across all investment strategies. Mr. Devlin is a seasoned operating executive and investor with directly relevant industry knowledge and experience in waste management and environmental services industries.
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