M&A Deal Summary

Shaner Capital Acquires Hydro Recovery

On October 1, 2011, private equity firm Shaner Capital acquired environmental company Hydro Recovery

Acquisition Highlights
  • This is Shaner Capital’s 1st transaction in the Environmental sector.
  • This is Shaner Capital’s 1st transaction in the United States.
  • This is Shaner Capital’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2011-10-01
Target Hydro Recovery
Sector Environmental
Buyer(s) Shaner Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Hydro Recovery

Blossburg, Pennsylvania, United States
Hydro Recovery is a manufacturer of Hydraulic Stimulation Fluid (HSF™) that is used in the exploration of natural gas in the Marcellus Shale play. The company uses a unique and environmentally conscious process to turn drilling fluids, flowback water, frac water, production water or pit water into a recycled product to be used in fracturing shale. Hydro Recovery is based in Blossburg, Pennsylvania.

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Buyer(S) 1

Buyer

Shaner Capital

State College, Pennsylvania, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2010
PE ASSETS 100M USD
Size Small
Type Sector Agnostic
DESCRIPTION

Shaner Capital is the private equity unit of the Shaner Companies, a diversified investment holdings firm primarily focused on real estate. Shaner Capital provides a variety of equity and junior capital solutions to profitable, mature businesses with 'good management'. Funds are generally used to support expansions, recapitalize, or sell down family ownership positions. Areas of interest include water treatment, heavy construction, finance, and condominiums. Shaner Capital is based in State College, Pennsylvania.


DEAL STATS #
Overall 1 of 2
Sector (Environmental) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 1 of 2
State (Pennsylvania) 1 of 2
Country (United States) 1 of 2
Year (2011) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-01 Bronder Technical Services

Ambridge, Pennsylvania, United States

Bronder Technical Services designs, fabricates and installs metal foundations as an alternative to concrete drilled piers or caisson foundations. The Company's foundations are designed based upon proprietary software for customer specific applications. Bronder Technical Services was founded in 1992 and is based in Ambridge, Pennsylvania.

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