new mountain capital inframark
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. Sparta has over 825,000 individual users overall across more than 30 countries. 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. 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. Looking for a Plant Manager in our Mountain House Wastewater Plant. 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. New Mountains investment approach has consistently emphasized business building and growth in economically acyclical industries across our private equity, credit, net lease and public equity investment strategies. The Company is one of four national operators in the water and wastewater O&M space and the only "pure-play" provider. It also manages more than 7,000 miles of wastewater collection and water distribution networks. 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. 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. Terms of the transaction were not disclosed. Jennifer Flipping NEW YORK, August 01, 2022--New Mountain Capital Announces Intent to Acquire PerkinElmer's Applied, Food and Enterprise Services Businesses for up to $2.45 Billion Harris Williams served as the exclusive advisor to Inframark on this transaction. 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. Thailand Spent $13 Billion in Three Years to Fight Pandemic, UN Finalizes Global Deal on Marine Biodiversity Jurisdiction, Chinas Central Government to Borrow More: 2023 Budget Details, Economists See China Conservative GDP Goal a Cautious Sign, China Sets Modest Growth Target as Economic Risks Persist, Porsche, Ferrari E-Fuel Push at Heart of EU Engine Debate, Rivian Tells Staff EV Output May Be 24% More Than Forecast, China Emphasizes Whole Nation Stance on Tech as US Curbs Bite, China Aims to Boost Grain Capacity Under New Food Security Push, The UK Is Using Drones to Prosecute Small-Boat Migrant Smugglers, Estonias Premier Faces Far-Right Test With NATO Unity at Risk, Japan Planning Steps to End South Korea Trade Rift, Yomiuri Says, Harrods Shrugs Off Recession Fears as Rich Get Richer, FT Says, Wealthy NYC Family Feuds Over $258 Million Madison Avenue Sale, Tom Sizemore, 'Saving Private Ryan' Actor, Dies at 61, Chinas 5% GDP Target SignalsCrackdowns Are Not Over. Fund VI has already closed on three portfolio investments and signed a fourth investment in December. 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. Read. New Mountain generally invests $100 to $500 million per transaction and looks for businesses with strong market positions and high barriers to entry. Our firms expertise in supporting market leaders on their growth journey will be the basis for a meaningful partnership.. 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 has raised over $36 billion of committed capital across private equity, credit and net lease investment strategies. 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. 1633 Broadway, 48th Floor | New York, New York 10019. For more information, visit www.newmountaincapital.com. Bluegrass Dairy and Food was established in 1995 and is based in Springfield, Kentucky. 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. 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 . No guarantee of investment performance is being provided and no inference to the contrary should be made. Bouclair is a home-decor retailer focused on outstanding customer service. 7-Day Free Trial. ("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. Investors (4) M&A Activity (3) Analytics. 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. Get to Know Us. The firm currently manages private equity, public equity, and credit funds with over $30 billion in assets under management. Its infrastructure management services group serves 220 clients with financial, administrative, and specialized support services. GTCR - Ultimus Fund Solutions. 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. 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. 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. 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. The firm currently manages private equity, public equity, and credit funds with $28 billion in assets under management. 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. New Mountains credit strategy applies the firm's "defensive growth" investment philosophy to corporate lending opportunities. 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. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Project Manager. 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. The Plant Manager reports to a Project Manager who is based offsite at a neighboring facility. 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. We aim to generate current income and capital appreciation through investments in debt securities at all levels of the capital structure. 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. Inframark Partners with New Mountain Capital for Next Phase of Growth. The firm currently. Nothing presented herein is intended to constitute investment advice, and no investment decision should be made based on any information provided herein. 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. 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 . New York, NY January 14, 2021 New Mountain Capital, LLC (New Mountain), a leading growth-oriented alternative investment firm headquartered in New York, today announced the closing of two new private equity funds, totaling over $10.2 billion in aggregate capital commitments. New Partnership Enables Water Services Firm to Expand Service Offerings, Enter Adjacent Markets, and Pursue Acquisition Opportunities. Atlanta, GA. Posted: January 27, 2023. The strategic investment will . Its North American operations manages facilities that can treat over 900 million gallons of drinking water and wastewater daily. Follow Us. Terms of the transaction were not disclosed. On behalf of PPC and Alston, we wish them all the best for the future.. Its flagship platform, TrackWise, is used by 35 of the top 40 pharma companies and 13 of the top 15 medical device manufacturers. 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. Sparta Systems is a provider of quality management software to the pharmaceutical, medical device, and consumer products industries. New Mountain has acquired its interest in Inframark from PPC Enterprises LLC (PPC) and Alston Capital Partners LLC (Alston). Inframark is based in Katy, Texas. Its infrastructure management services group serves 220 clients with financial, administrative and specialized support services. 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. Weve Been Nominated By CAI Houston Chapter! New Mountain has acquired its interest in Inframark from PPC Enterprises LLC (PPC) and Alston Capital Partners LLC (Alston). 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. 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?