M&A Deal Summary

Inframark Acquires Treatment Technologies

On June 28, 2023, Inframark acquired environmental company Treatment Technologies from Shelton Associates

Acquisition Highlights
  • This is Inframark’s 1st transaction in the Environmental sector.
  • This is Inframark’s 4th transaction in the United States.
  • This is Inframark’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2023-06-28
Target Treatment Technologies
Sector Environmental
Buyer(s) Inframark
Sellers(s) Shelton Associates
Deal Type Divestiture
Advisor(s) Raymond James - Investment Banking (Financial)
Royer Cooper Cohen Braunfeld (Legal)

Target

Treatment Technologies

Lancaster, Pennsylvania, United States
Treatment Technologies provides process water and wastewater O&M services under long-term contracts to a high-profile, blue-chip customer base within automotive, chemical, paper, and metal finishing markets. Treatment Technologies is based in Lancaster, Pennsylvania.

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Buyer(S) 1

Buyer

Inframark

Katy, Texas, United States

Category Company
Sector Infrastructure
DESCRIPTION

Inframark is an infrastructure services company focused on the operation and maintenance of water and wastewater systems, management of community infrastructure, and back-office services. Its infrastructure management services group serves 220 clients with financial, administrative, and specialized support services. Inframark is based in Katy, Texas.


DEAL STATS #
Overall 4 of 4
Sector: Environmental M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-31 CMA

Georgetown, Texas, United States

CMA is a provider of financial, administrative, and support services within the greater Austin, Texas market, serving 39 communities and more than 6200 residential units. CMA was founded in 1986 and is based in Georgetown, Texas.

Buy -

Seller(S) 1

SELLER

Shelton Associates

Lancaster, Pennsylvania, United States

Category Company
Founded 1983
Sector Environmental
DESCRIPTION

Shelton Associates provides engineering and equipment design experience in supplying conventional physical-chemical treatment and advanced membrane separation systems. Shelton Associates was founded in 1983 and is based in Lancaster, Pennsylvania


DEAL STATS #
Overall 1 of 1
Sector: Environmental M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1