National Underground Group - M&A Summary, Ownership, and Business Overview

Business ServicesCompany

National Underground Group M&A Summary

National Underground Group has acquired 2 companies of its own, including 2 in the last 5 years. It has also divested 1 asset.

It’s largest disclosed sale occurred in 2019, when it sold Hoffman Southwest - Roto-Rooter Franchise Operations to Roto-Rooter Group for $120M. National Underground Group has acquired in 1 US state. The Company’s most targeted sectors include business services (100%).

National Underground Group Ownership

Who owns National Underground Group?

National Underground Group is owned by ORIX Capital Partners. It was acquired on February 6, 2017.

Is National Underground Group PE-backed?

Yes. National Underground Group is owned by private equity investor ORIX Capital Partners.

Was National Underground Group formerly PE-backed?

Yes. National Underground Group was formerly owned by 1 private investor.

National Underground Group Business Overview

Where is National Underground Group headquartered?

National Underground Group is headquartered in Irvine, California.

What sector is National Underground Group in?

National Underground Group is a business services company.

When was National Underground Group founded?

National Underground Group was founded in 1947.

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity2
    • M&A Sell Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1

National Underground Group

National Underground Group

47 Discovery, Suite 250,
Irvine, California 92618
United States,
(949) 380-4161
www.nationalu.com

National Underground Group is a technology-enabled underground infrastructure service provider to municipal, utility and engineering customers across the U.S. NUG’s primary services include pipeline inspection, repair & cleaning, utility locating, and trenchless pipeline sewer and storm drain rehabilitation. National Underground Group was formed in 1947 and is based in Irvine, California.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 2 - - - - - 2
Sell (0.0/yr) # 1 - - - - - 1
vol $120M $120M
  3

Most Recent M&A

Company Date Value Type
Hoffman Southwest Corp. - Roto-Rooter Franchise Operations 2019-09-16 120M USD Divestiture
Mission Viejo, California
Accumark, Inc. 2019-05-23 - Add-on Acquisition
Ashland, Virginia · www.accumark.us
Tri-State Utilities Co. 2019-02-25 - Add-on Acquisition
Chesapeake, Virginia · www.tristateutilities.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Business Services 2 (100%) - - -
Franchising - - 1 (100%) 120M (100%)
Total 2 - 1 $120M

By Geo

State/Country Buy Value Sell Value
United States 2 - 1 120M
  Virginia 2 - - -
  California - - 1 120M
Total 2 - 1 $120M

Deal Values

sell # Total
$100M to $1B 1 $120M
TOTAL $120M
Largest Hoffman Southwest Corp. - Roto-Rooter Franchise Operations
$120M (2019-09-16)

M&A Connections

Deals
Divested to
Strategic(s)
100%
1 (100%)

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