M&A Deal Summary

Azuria Acquires Infraspec Services

On May 2, 2023, Azuria acquired engineering company Infraspec Services

Acquisition Highlights
  • This is Azuria’s 3rd transaction in the Engineering sector.
  • This is Azuria’s 1st transaction in Canada.
  • This is Azuria’s 1st transaction in Quebec.

M&A Deal Summary
Date 2023-05-02
Target Infraspec Services
Sector Engineering
Buyer(s) Azuria
Deal Type Add-on Acquisition

Target

Infraspec Services

Laval, Quebec, Canada
Infraspec Services provides trenchless rehabilitation of sanitary, pluvial, and combined pipelines. Infraspec serves industries, businesses, cities, and municipalities, as well as construction contractors across eastern Canada. Infraspec Services was founded in 2009 and is based in Laval, Quebec.

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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 9 of 21
Sector (Engineering) 3 of 3
Type (Add-on Acquisition) 7 of 17
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2023) 2 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-06 Proline Vactor Services

Lake Worth, Florida, United States

Proline Vactor Services provides professional sewer and storm drain cleaning, tele-inspection, certification, re-certification and grouting services to contractors, developers, homeowner associations and municipal, commercial and industrial clients. Proline Vactor Services was founded in 1998 and is based in Lake Worth, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-12 Standard Pipe Services

Newark, Delaware, United States

Standard Pipe Services specializes in the cleaning, televising, and trenchless repair of storm and sanitary sewer pipes and appurtenances. Standard Pipe Services was formed in 1976 and is based in Newark, Delaware.

Buy -
Mergr

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