Valicor Environmental Services, which is backed by Pritzker Private Capital, has acquired Strength Environmental, an operator of a wastewater treatment facility in Inkster, Michigan. No financial terms were disclosed.
MONROE, Ohio–(BUSINESS WIRE)–Valicor Environmental Services (“Valicor”), one of North America’s largest providers of non-hazardous wastewater treatment services, has expanded its leading network of wastewater processing facilities through the acquisition of Strength Environmental (“Strength” or the “Company”).
Strength operates a premier centralized wastewater treatment (“CWT”) facility in Inkster, Michigan. The Company will enable Valicor to enhance its existing Midwest footprint and strengthen its position as the leading wastewater treatment provider in the region.
James Devlin, Valicor’s Chief Executive Officer, commented, “We are very excited to expand Valicor’s leading network into Michigan. Valicor continues to expand into additional geographies in order to better serve both new and existing customers. Strength will play a key role in enhancing our offerings of wastewater and other environmental services and we are thrilled about this addition to the Valicor family.”
Including the Strength acquisition, Valicor has increased its number of centralized wastewater treatment plants from five to 14 in just over 24 months as it focuses on growing its national footprint.
Steve DiMaggio, Owner and President of Strength, stated, “We were very selective to partner with an organization that shares the same appreciation for customers, compliance and employees. We are particularly excited about Valicor’s proven ability to support and scale-up businesses to enable them to provide even greater value to our customers and opportunities for our employees, while remaining laser focused on environmental protection.”
Valicor is owned by Pritzker Private Capital, which partnered with management in July 2019. Valicor’s acquisition strategy focuses on acquiring operators of CWT facilities as well as other providers of waste management and environmental services, including materials recycling, used oil processing, product destruction, landfill solidification, and related services.
Ryan Roberts, Investment Partner with Pritzker Private Capital, commented, “With the Strength acquisition, Valicor will be able to further penetrate a strategic adjacent market and enhance our service offering. We continue to enthusiastically support James and the rest of the Valicor team as they expand Valicor’s national network and service offering to better serve its customers.”
About Valicor Environmental Services
Based in Monroe, Ohio, Valicor is one of the largest providers of non-hazardous wastewater treatment services in North America. Leveraging its extensive fleet of tankers and a network of strategically located centralized wastewater treatment facilities, the company transports and processes diverse wastewater streams that result from the manufacture of industrial and consumer goods. Valicor’s mission-critical services allow customers to meet federal, state, and local regulations by safely and responsibly disposing of oily water, leachate, soaps, line flush waste, and similar waste streams. The company also provides a diverse set of landfill solidification and product destruction services. Valicor is an ISO 14001 certified organization and takes great pride in its environmental compliance process.
Additional information about Valicor is available at www.valicor.com.
About Pritzker Private Capital
Pritzker Private Capital partners with middle-market companies based in North America with leading positions in the manufactured products, services and healthcare sectors. The firm’s differentiated, long-duration capital base allows for efficient decision-making, broad flexibility with transaction structure and investment horizon, and alignment with all stakeholders. Pritzker Private Capital builds businesses for the long term and is an ideal partner for entrepreneur and family owned companies.
Additional information about Pritzker Private Capital is available at www.ppcpartners.com.