Add-on Acquisition • Construction

AllClear Acquires Engineered Spray Solutions

On September 16, 2024, AllClear acquired construction company Engineered Spray Solutions

Acquisition Context
  • This is AllClear’s 2nd transaction in the Construction sector.
  • This is AllClear’s 2nd transaction in the United States.
  • This is AllClear’s 2nd transaction in Florida.

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M&A Deal Summary

Date September 16, 2024
Target Engineered Spray Solutions
Sector Construction
Buyer(s) AllClear
Deal Type Add-on Acquisition

Target Company

Engineered Spray Solutions

Lakeland, Florida, United States
Engineered Spray Solutions specializes in spray-applied infrastructure rehabilitation and repair linings/coatings. ESS remediates, repairs, and rehabilitates deteriorated wastewater, stormwater, and chemical containment system physical structures by spray-applying structural restoration coatings and anti-corrosion protective linings. ESS was formed in 2015 and is headquartered in Lakeland, Florida.
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Buyer Overview 1

Buyer

AllClear

Tampa, Florida, United States

Category Company
Founded 2022
Sector Construction
DESCRIPTION

AllClear provides a wide array of underground rehabilitation services. Their offerings include open-cut water and wastewater pipe repair, cementitious and epoxy-based manhole and asset rehabilitation, trenchless cured-in-place pipe (CIPP) lining, and closed-circuit television (CCTV) pipe inspection. AllClear was founded in 2022 and is headquartered in Tampa, Florida.


Deal Context for Buyer #
Overall 2 of 2
Sector: Construction 2 of 2
Type: Add-on Acquisition 2 of 2
State: Florida 2 of 2
Country: United States 2 of 2
Year: 2024 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-25 Rowland

Pinellas Park, Florida, United States

Rowland is a provider of underground infrastructure services to municipal owners in West Central Florida. It has completed hundreds of millions of dollars worth of projects for governmental owners in the areas of manhole rehabilitation, lift station rehabilitation, sanitary sewer construction, storm sewer construction, water main construction, reclaimed water construction, concrete construction, road building, and emergency water and sewer repair. Rowland was formed in 1987 and is based in Pinellas Park, Florida.

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