Add-on Acquisition • Energy Services and Equipment

Vortex Acquires Foraction

On May 8, 2025, Vortex acquired energy services and equipment company Foraction

Acquisition Context
  • This is Vortex’s 1st transaction in the Energy Services and Equipment sector.
  • This is Vortex’s 1st transaction in Canada.
  • This is Vortex’s 1st transaction in Quebec.

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M&A Deal Summary

Date May 8, 2025
Target Foraction
Sector Energy Services and Equipment
Buyer(s) Vortex
Deal Type Add-on Acquisition

Target Company

Foraction

Mont-Saint-Hilaire, Quebec, Canada
Foraction provides trenchless water main renewal services, including advanced technologies and industry-leading installation practices. Foraction is based in Mont-Saint-Hilaire, Quebec.
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Buyer Overview 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 Context for Buyer #
Overall 18 of 19
Sector: Energy Services and Equipment 1 of 1
Type: Add-on Acquisition 16 of 17
State: Quebec 1 of 1
Country: Canada 1 of 1
Year: 2025 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-04-25 Prism

Williamsburg, Virginia, United States

Prism is an engineering and construction firm specializing in trenchless rehabilitation, engineering, inspection, construction, and utility design. Prism is based in Williamsburg, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-10-13 PrimeLine Products

Altamonte Springs, Florida, United States

PrimeLine Products is a provider of trenchless technologies, equipment, and materials serving the plumbing and utility contractor markets. PrimeLine Products was founded in 1998 and is based in Altamonte Springs, Florida.

Buy -