M&A Deal Summary

Synagro Technologies Acquires NEFCO

On November 29, 2023, Synagro Technologies acquired chemicals company NEFCO

Acquisition Highlights
  • This is Synagro Technologies’ 1st transaction in the Chemicals sector.
  • This is Synagro Technologies’ 5th transaction in the United States.
  • This is Synagro Technologies’ 1st transaction in Massachusetts.

M&A Deal Summary

Date 2023-11-29
Target NEFCO
Sector Chemicals
Buyer(s) Synagro Technologies
Deal Type Add-on Acquisition

Target

NEFCO

North Quincy, Massachusetts, United States
NEFCO is a privately held company with customized client solutions and provides biosolids management technologies. NEFCO was founded in 1986 and is based in North Quincy, Massachusetts.

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Buyer(S) 1

Buyer

Synagro Technologies

Baltimore, Maryland, United States

Category Company
Founded 1986
Sector Environmental
Revenue 324M USD (2013)
DESCRIPTION

Synagro Technologies, Inc. works to turn waste into worth by helping more than 1,000 municipal and industrial water and wastewater facilities in North America move toward safer, cleaner, and more environmentally beneficial practices. For some, it’s simply cleaning the water supply. As the largest recycler of organic by-products in North America, the company is trusted because it removes risks while keeping the logistics clean. Synagro Technologies was founded in 1986 and is based in Baltimore, Maryland.


DEAL STATS #
Overall 6 of 6
Sector (Chemicals) 1 of 1
Type (Add-on Acquisition) 5 of 5
State (Massachusetts) 1 of 1
Country (United States) 5 of 5
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-03 Burch Hydro

Fredericktown, Ohio, United States

Burch Hydro is a provider of biosolids and lime-residuals management and land-application services specializing in digester cleaning and dewatering services. Burch Hydro is based in Fredericktown, Ohio.

Buy -