AQUALIS, a portfolio company of DFW Capital Partners and national provider of sustainable water management services, announced it has acquired the assets of Northern Pipe, Inc., a wastewater and stormwater collection services and hydro-excavation company headquartered in Green Bay, Wis., and the assets of Stormwater Solutions Engineering, LLC (SSE), a leading civil engineering firm specializing in managing the treatment, storage and safe passage of stormwater, headquartered in Milwaukee.
Northern Pipe Acquisition
Northern Pipe specializes in industrial vacuumation, televising and inspection services as well as pipeline repair and rehabilitation. The acquisition of Northern Pipe supports AQUALIS’ strategy to provide consistent and accessible sustainable water management services throughout the United States.
Richard Matero, CEO of AQUALIS, said, “We are excited to be expanding our capabilities in the Midwest where we have a dense customer portfolio. Northern Pipe has had immense success in expanding their service offerings and geographical coverage over the last few years. This acquisition complements our existing service lines while enhancing our vac and jetting, hydro-excavation and CCTV self-performed services in this region. It also allows us to cater to our clients’ needs in a more efficient and cost-effective manner.”
“Northern Pipe is thrilled to officially join the AQUALIS team and look forward to continuing our promise of quality service and superior customer experience with our existing customer base and that of AQUALIS’,” said Tim Potts, President of Northern Pipe Group. “Northern Pipe has had great success in building out our client portfolio while elevating our performance, allowing us to be the premier provider in this area.”
AQUALIS currently operates across the continental United States and Puerto Rico. This transaction further supports AQUALIS’ existing presence across Northern Pipe’s footprint, providing additional service delivery depth and further strengthening its best-in-class service model.
DeVer Warner of DFW Capital Partners added, “We are excited to welcome Northern Pipe to AQUALIS, further enhancing our competitive advantage for both company’s clients. Northern Pipe’s core offerings are ideally aligned with those of AQUALIS’, and this transaction strengthens AQUALIS’ commitment to remaining the leading provider of sustainable water management services throughout the U.S.”
Stormwater Solutions Engineering Acquisition
“This opportunity represents a pivotal point in AQUALIS’ history as we expand our portfolio of services to include sustainable water engineering,” said Erin Zaske, Chief Development Officer of AQUALIS. “For more than 20 years, AQUALIS has provided robust stormwater maintenance programs for clients throughout the United States and worked on countless rehabilitation and repair projects, all of which we have captured significant asset data to provide quality solutions to our customers and remain forward-thinking in our approach. By adding SSE’s capabilities to our portfolio of services, we will enhance the customer experience by creating all-inclusive, comprehensive sustainable water management solutions– from planning to construction to post-construction management programs. We are thrilled to invest in this remarkable company and its people. We look forward to building on SSE’s success and existing customer relationships while bringing a well-rounded service offering to our existing clientele.”
Stormwater Solutions Engineering’s expertise lies largely in flood management, water quality, drainage design, integrated site design, site evaluations, stormwater inspections and maintenance, SWMP recertification and SWMPMA certifications and grant assistance. The acquisition of SSE supports AQUALIS’ strategy to provide consistent and accessible sustainable water management services throughout the United States.
“After 21 years as Stormwater Solutions Engineering, LLC, we are excited to join forces with the national presence that is AQUALIS, to broaden our reach across the U.S., further fulfilling our mission of improving the built and natural environments within communities through sustainable engineering and design,” said Carrie Bristoll-Groll, PE, ENV SP, CEO of SSE. “We see AQUALIS as completing us in the full life cycle that is missing in so many stormwater projects. Bringing our engineering services to their existing stormwater solutions feels like next generation in water management, truly managing a project cradle to grave, and back to the cradle again.”
Bristoll-Groll will join AQUALIS as Executive Vice President, Engineering Services and will lead AQUALIS’ engineering team throughout the country.
DeVer Warner of DFW Capital Partners added, “This acquisition is the latest addition of AQUALIS’ successful track record of identifying highly suitable, accretive companies to enhance their book of business and service line offering. We are thrilled with bringing Stormwater Solutions Engineering into the business and the capabilities this team provides.”
