M&A Deal Summary

Vortex Acquires Fleer-Tech

On July 23, 2021, Vortex acquired environmental company Fleer-Tech

Acquisition Highlights
  • This is Vortex’s 1st transaction in the Environmental sector.
  • This is Vortex’s 2nd transaction in Germany.

M&A Deal Summary

Date 2021-07-23
Target Fleer-Tech
Sector Environmental
Buyer(s) Vortex
Deal Type Add-on Acquisition

Target

Fleer-Tech

Lehrte, Germany
Fleer-Tech is a provider in the field of closed sewer rehabilitation services. Fleer-Tech was founded in 2001 and is based in Lehrte, Germany.

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Buyer(S) 1

Buyer

Vortex

Houston, Texas, United States

Category Company
Sector Business Services
DESCRIPTION

Vortex is a trenchless solution provider in the water, sewer, and industrial marketplace. Its suite of services includes turnkey bypass and dewatering, large diameter structural relining, pipe bursting and slip lining, structural and corrosion protection, trenchless robotic systems, pipe and drain cleaners and industrial facility maintenance and renewal. Vortex is based in Houston, Texas.


DEAL STATS #
Overall 8 of 19
Sector: Environmental M&A 1 of 2
Type: Add-on Acquisition M&A Deals 7 of 17
Country: Germany M&A 2 of 3
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-23 North American Pipeline Services

New York, New York, United States

North American Pipeline Services LLC is the tri-state area's premier water and sewer service provider for both the private and public sectors. NAP is a sewer cleaning and inspection company, NAP now covers the full spectrum of pipework from traditional sewer and stormwater maintenance programs to a full range of trenchless services including CCTV inspection and cleaning, pipe bursting, manhole rehabilitation, CIPP lining, and large diameter geopolymer pipe to deliver cost-effective long-term solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-27 Lining Divison

East Sussex, United Kingdom

Lining Divison is a trenchless rehabilitation and contracting services business. With a focus on drain maintenance and drain lining, ldl rehabilitates pipes from 75mm to 1200mm using a variety of cured-in-place-pipe (cipp) solutions. Lining Divison is based in East Sussex, United Kingdom.

Buy -