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California Level IV Wastewater License required. New Partnership Enables Water Services Firm to Expand Service Offerings, Enter Adjacent Markets, and Pursue Acquisition Opportunities HORSHAM, PA and NEW YORK- December 21, 2020 - Inframark, LLC, is pleased to announce that it has partnered with New Mountain Capital, a leading growth-oriented investment . About New Mountain Capital New Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation. HOURS OF OPERATION (Closed for Major Holidays): For general phone inquiries, please contact our Customer Care department Monday through Friday from 7:00 a.m. to 6:00 p. m., with the exception of holidays. Email: Jennifer.Flipping@inframark.com, New Mountain Capital Our payment window hours are Monday through Friday from 8:00 a.m. to 5:00 p.m. 1633 Broadway, 48th Floor | New York, New York 10019. New Mountain Capital is a private investment firm focused on investment in public and private companies in a variety of industries. Inframark, LLC (www.inframark.com) is a standalone American infrastructure services company focused on operation and maintenance of water and wastewater systems, management of community infrastructure, and back-office services. Were thrilled to enter this new relationship with New Mountain Capital and build on a growth model that has delivered terrific results for our company and our customers to date with substantial long-term tailwinds for the future., Max Alper, Partner and Head of Industrials at PPC commented, We are very proud to have established Inframark as a stand-alone entity three years ago and to have partnered with management during the first stage of the Companys significant growth as an independent business. Past performance is not indicative of future results. This is New Mountain Capitals 66th transaction in the United States. New Mountain identified Inframark as part of its multi-year deep-dive sector initiatives in sustainability and infrastructure & utility services, which include a specific focus on water services. It also manages more than 7,000 miles of wastewater collection and water distribution networks. New Mountain also prefers businesses that succeed in both good and bad economies. Harris Williams served as the exclusive advisor to Inframark on this transaction. Any such offer or solicitation can only be made through a definitive private placement memorandum describing the terms and risks of an investment to sophisticated persons who meet certain qualifications under the federal securities laws and are capable of evaluating the merits and risks of the investment. The firm prefers to invest in companies from the education, healthcare, software, business services, logistics, chemicals, federal services, financial services . New Mountain has grown tremendously since its founding, and it has also . New Mountain has built expertise in sectors that now include life sciences/advanced materials, healthcare technologies, advanced data and analytics, infrastructure/water/power services, digital transformation services, software, niche consumer products, financial services, supply chain and others. New Partnership Enables Water Services Firm to Expand Service Offerings, Enter Adjacent Markets, and Pursue Acquisition Opportunities. Musk Made a Mess at Twitter. Fund VI has already closed on three portfolio investments and signed a fourth investment in December. 1 . Its North American operations manages facilities that can treat over 900 million gallons of drinking water and wastewater daily. Read the full #pressrelease here: https://loom.ly/GbjEaig. HORSHAM, PA and NEW YORK December 21, 2020 Inframark, LLC, is pleased to announce that it has partnered with New Mountain Capital, a leading growth-oriented investment firm with $28 billion in assets under management. State University of New York at New Paltz (3) State of Vermont (3) Stellant Systems (3) Structural Group (3) Suffolk Construction (3) Sycuan (3) Systems Planning and Analysis, Inc. (3) TEXAS DEPARTMENT OF LICENSING AND REGULATION (3) TEXAS DEPARTMENT OF PUBLIC SAFETY DEPT 405 (3) TEXAS PARKS & WILDLIFE (3) THE DOE RUN COMPANY (3) TIAA (3 . We are grateful to the entire leadership team and all the employees of Inframark for the enormous work that has gone into the successes achieved during our ownership. Inframarks management team, led by CEO Stephane Bouvier, will continue to lead the business and execute upon their strong vision for the future. Katy, Texas 77449. Under no circumstances does the information contained herein constitute an offer to sell or a solicitation of an offer to buy any security or interest in an investment vehicle managed by New Mountain Capital. The firm currently. New Mountain's aggregate assets under management total over $33 billion across all investment strategies. Were thrilled to enter this new relationship with New Mountain Capital and build on a growth model that has delivered terrific results for our company and our customers to date with substantial long-term tailwinds for the future., Max Alper, Partner and Head of Industrials at PPC commented, We are very proud to have established Inframark as a stand-alone entity three years ago and to have partnered with management during the first stage of the Companys significant growth as an independent business. The firm currently. Inframark 12,373 followers 2y #Breakingnews: Inframark Partners with New Mountain Capital for Next Phase of Growth. New Mountains investment approach has consistently emphasized business building and growth in economically acyclical industries across our private equity, credit, net lease and public equity investment strategies. Founded in 1999, New Mountain Capital is an asset management firm headquartered in New York, New York. Jennifer Flipping All News. Inframark's management team, led by CEO Stephane Bouvier, will continue to lead the business and have a meaningful ownership stake alongside New Mountain. New Mountain has acquired its interest in Inframark from PPC Enterprises LLC (PPC) and Alston Capital Partners LLC (Alston). The investments to date represent over 10% of Fund VI capital commitments and are followed by a strong pipeline of additional platform and add-on opportunities. Mr. Devlin is a seasoned operating executive and investor with directly relevant industry knowledge and experience in waste management and environmental services industries. Our firms expertise in supporting market leaders on their growth journey will be the basis for a meaningful partnership.. The firm currently manages private equity, credit, and net lease real estate funds with over $35 billion in assets under management. James Devlin serves as Chief Executive Officer of Inframark. SEF I also has a strong pipeline of additional investments that the firm is pursuing. Announced Date Dec 21, 2020 Acquisition Type Acquisition Acquisition Status Complete Recent News New Mountain Capital ("New Mountain") is an alternative investment manager with private equity, credit, public equity and net lease strategies. New Mountain, founded in 2000, manages over $30 billion in aggregate assets in private equity, credit, net lease real estate and public equity funds. New Mountain Capital has closed two new private equity funds with $10.2 billion in total capital commitments. This website uses cookies to ensure you get the best experience on our website. Inframark, LLC, is pleased to announce that it has partnered with New Mountain Capital, a leading growth-oriented investment firm with $28 billion in assets under management. Facebook; LinkedIn; New Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation. Its flagship platform, TrackWise, is used by 35 of the top 40 pharma companies and 13 of the top 15 medical device manufacturers. Inframark is based in Katy, Texas. New Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation. Inframark, LLC, is pleased to announce that it has partnered with New Mountain Capital, a leading growth-oriented investment firm with $28 billion in assets under management. With more than 40 years of experience in managing water-related infrastructure, the company employs in excess of 1,500 people serving more than 400 clients in 19 states. Project Manager. The investment provides access to capital that enhances Inframarks capacity for growth while maintaining and building on its leadership position in the outsourced water services market. Since our founding twenty years ago, New Mountain has sought to consistently build great businesses in carefully chosen acyclical growth sectors, and to build a great and highly operationally-focused team. The investment provides access to capital that enhances Inframark's capacity for growth while maintaining and building on its leadership position in the outsourced water . New Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation. New Mountain Finance Corporation (Nasdaq: NMFC) is a business development company primarily focused on lending to middle market companies in "defensive growth" industries. Tracy, CA. Inframark has demonstrated a strong commitment to client service, innovation and environmentally-friendly solutions while ensuring the delivery of safe and clean water to more than four million people across the United States, said Lars Johansson, Managing Director at New Mountain Capital. Will His AI Plans Be Any Different? INFRAMARK AND ESG OPERATIONS COMBINE TO FORM INFRAMARK-ESG, THE LEADING FULL-SERVICE INFRASTRUCTURE MANAGEMENT COMPANY. Whitesburg, Kentucky. New Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation. The two funds include its flagship fund, New Mountain Partners VI LP ("Fund VI"), with $9.6 billion of capital, and the firm's first non-control private equity fund, Strategic Equity Fund I LP ("SEF I") with $640 million of capital. The firm currently manages private equity, credit, net lease real estate and public equity funds with over $30 billion in assets under management. On behalf of PPC and Alston, we wish them all the best for the future.. Atlanta, GA. Posted: January 27, 2023. New Mountains team totaled 122 investment professionals and staff in 2017 when Fund V commenced and has grown to over 175 today. The Company is one of four national operators in the . New Mountain seeks out what it believes to be the highest quality growth leaders in carefully selected industry sectors and then works intensively with management to build the value of these companies. New Mountain Capital LLC acquired a stake in American water-related infrastructure services company Inframark LLC from PPC Enterprises LLC and Alston Capital Partners. The investment provides access to capital that enhances Inframarks capacity for growth while maintaining and building on its leadership position in the outsourced water services market. Bloomberg's Alix Steel and Paul Sweeney harness the power of Bloomberg Intelligence to provide in-depth research and data on more than 2,000 companies and 130 industries. We aim to generate current income and capital appreciation through investments in debt securities at all levels of the capital structure. Cytel is a provider of analytical software and services for the life sciences sector. Board Member Classic Collision Inc. Jan 2020 - Present 3 years 1 . ("New Mountain", and together with such affiliates "Buyer"), a leading growth-oriented investment firm headquartered in New York, in a transaction valued at approximately $963 million that. New Mountain Capital, LLC ("New Mountain") Issues "Social Dashboard" Report For the Period Ending December 31, 2020. We look forward to accelerating the scalable growth plan against which Stephane and his leadership team are already executing. In recent years, Inframark has doubled down in an attempt to grow its national footprint organically. New Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation. These funds include New Mountain's sixth flagship private equity fund, New Mountain Partners VI, L.P. ("Fund VI"), with $9.6 billion of capital, and its first non-control private equity fund . New Mountain's aggregate assets under management total. Battery Solutions is a provider of battery recycling services to corporations, governments, municipalities, and households. Harris Williams served as the exclusive advisor to Inframark on this transaction. It also reflects New Mountain Capitals confidence in the firms strong reputation, robust operating model and outstanding approach to service. The management team will continue to have a meaningful ownership interest alongside New Mountain. This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, More Iranian Schoolgirls Sickened in Suspected Poisoning Wave, No Major Offer Expected on Childcare in UK Budget, Data Fraud Is Focus To Bolster Chinas Lackluster Carbon Market, China Gives New Backing to Coal Even as Clean Energy Accelerates, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? The vast majority of Fund V investors returned for Fund VI, and the firm also added many new investors, with notable expansion from Asia, Europe and Latin American regions. Feb 2001 - Aug 201413 years 7 months. New Mountain Capital works systematically to establish expertise in additional sectors over time. New Mountain has acquired its interest in Inframark from PPC Enterprises LLC (PPC) and Alston Capital Partners LLC (Alston). Dana Gorman / Claire WalshAbernathy MacGregor212-371-5999[emailprotected] / [emailprotected], New Mountain Capital Completes $10.2 Billion of Private Equity Fundraising in 2020, 1633 Broadway, 48th Floor | New York, New York 10019. Per the revised offer, New Mountain has agreed to pay $27 per share in cash to the shareholders of Aegion ( AEGN ), which is higher than an earlier buyout bid of $26 per share announced last. With its new partnership, Inframark will maintain its multi-faceted growth strategy focused on enhancing its service offering and expanding into new and adjacent markets. Inframark has a well-established value proposition that allows its customers to reduce operating costs, stay ahead of evolving regulatory trends, improve quality and EHS metrics, and implement digital solutions.