Valicor Environmental Services Acquires Strength Environmental
Acquisition extends Valicor’s service offering into the Michigan market.
MONROE, OHIO, SEPT 17, 2019 -- 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.”
Learn more at www.valicor.com.