Blue Point Capital Partners and its portfolio company, TAS Environmental Services (TAS), announced today the acquisition of Texas Water Management (TWM), a liquid waste transportation service provider to industrial waste generators primarily in the Texas and Louisiana Gulf Coast regions.
TWM represents the fourth add-on acquisition since Blue Point acquired TAS in May 2019. With support from the Blue Point team, TAS will continue pursuing additional acquisitions of companies with complementary offerings and geographies.
“Texas Water Management is a highly complementary add-on that increases our exposure to liquid waste services,” said Blue Point Partner Sean Ward. “This investment will expand TAS’ service offering in a core and strategic line of business while strengthening its geographic density in the broader Gulf Coast market.”
Founded in 1997, TWM services diverse customers, including municipalities and environmental and consulting firms.
“We are excited for Texas Water Management to join the TAS family, and we look forward to working alongside President Mark Atkins as our combined teams to continue to expand our liquid waste business,” said TAS CEO Ed Genovese.
