M&A Deal Summary

Azuria Acquires C&L Water Solutions

On September 14, 2023, Azuria acquired business services company C&L Water Solutions

Acquisition Highlights
  • This is Azuria’s 2nd transaction in the Business Services sector.
  • This is Azuria’s 10th transaction in the United States.
  • This is Azuria’s 1st transaction in Colorado.

M&A Deal Summary

Date 2023-09-14
Target C&L Water Solutions
Sector Business Services
Buyer(s) Azuria
Deal Type Add-on Acquisition

Target

C&L Water Solutions

Littleton, Colorado, United States
C&L Water Solutions is a full-service trenchless pipeline rehabilitation service provider. The company repairs, maintains, operates, and rehabilitates critical water and wastewater infrastructure in a variety of regions throughout the western United States. C&L Water Solutions was founded in 1979 and is based in Littleton, Colorado.

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Buyer(S) 1

Buyer

Azuria

St. Louis, Missouri, United States

Category Company
Founded 1971
Sector Engineering
Revenue 1.2B USD (2019)
DESCRIPTION
Entrance to Aegion's corporate headquarters in St. Louis, Missouri.
Entrance to Aegion's corporate headquarters in St. Louis, Missouri.

Azuria engages in infrastructure protection and provides proprietary technologies and services for the corrosion protection of industrial pipelines and for rehabilitating and strengthening sewer, water, energy, and mining piping systems, buildings, bridges and tunnels, and waterfront structures. Azuria was formed in 1971 and is based in St. Louis, Missouri.


DEAL STATS #
Overall 12 of 28
Sector: Business Services M&A 2 of 8
Type: Add-on Acquisition M&A Deals 10 of 24
State: Colorado M&A 1 of 2
Country: United States M&A 10 of 26
Year: 2023 M&A 5 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-31 Portland Utilities Construction

Portland, Tennessee, United States

Portland Utilities Construction is an underground utility contractor that provides pipe rehabilitation servicing municipal clients across the Southeast and Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-02 11 Enviro Group

Brooklyn, New York, United States

11 Enviro Group specializes in the cleaning and video inspection of new and existing sewer lines, storm drains catch basins, and CIPP point repairs. The company also offers state-of-the-art robotics for various trenchless solutions. 11 Enviro Group services the New York City metro area from its headquarters in Greenpoint Brooklyn.

Buy -