M&A Deal Summary

Azuria Acquires Standard Pipe Services

On June 12, 2023, Azuria acquired construction company Standard Pipe Services

Acquisition Highlights
  • This is Azuria’s 2nd transaction in the Construction sector.
  • This is Azuria’s 8th transaction in the United States.
  • This is Azuria’s 1st transaction in Delaware.

M&A Deal Summary
Date 2023-06-12
Target Standard Pipe Services
Sector Construction
Buyer(s) Azuria
Deal Type Add-on Acquisition

Target

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.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 10 of 21
Sector (Construction) 2 of 6
Type (Add-on Acquisition) 8 of 17
State (Delaware) 1 of 1
Country (United States) 8 of 19
Year (2023) 3 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-02 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.

Buy -
FOLLOWING 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 -
Mergr

Product

Company

Legal