The firm currently manages private equity, public equity, and credit funds with over $30 billion in assets under management. New Mountain Capital founded by Steve Klinsky, 1633 Broadway, 48th Floor | New York, New York 10019. Its North American operations manages facilities that can treat over 900 million gallons of drinking water and wastewater daily. Inframark is based in Katy, Texas. 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. 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. There is a risk of loss from an investment in securities, including the potential loss of principal. 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 . 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. Acquiring Organization: New Mountain Capital New Mountain Capital manages private equity and public equity capital with aggregate assets. Serves as Interim Deputy Director of Field Operations for Pittsburgh Water and Sewer Authority. The Plant Manager reports to a Project Manager who is based offsite at a neighboring facility. The firm currently manages private equity, public equity, and credit funds with over $30B in assets under management. Inframarks management team, led by CEO Stephane Bouvier, will continue to lead the business and execute upon their strong vision for the future. Simpson Thacher & Bartlett serves as legal advisor for the Fund. In September 2021 we sold that same. 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. Additional details on New Mountains social responsibility can be found on the website. Since becoming Inframark three years ago under PPC and Alstons ownership, our team has placed an unwavering focus on deepening client relationships to become a recognized leader in water and infrastructure operations, said Stephane Bouvier, CEO of Inframark. New Mountains investment approach has consistently emphasized business building and growth in economically acyclical industries across our private equity, credit and net lease investment strategies. 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. 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. New Mountain has acquired its interest in Inframark from PPC Enterprises LLC (PPC) and Alston Capital Partners LLC (Alston). New York, NY January 14, 2021 New Mountain Capital, LLC (New Mountain), a leading growth-oriented alternative investment firm headquartered in New York, today announced the closing of two new private equity funds, totaling over $10.2 billion in aggregate capital commitments. New Mountain has never had a private equity bankruptcy or missed an interest payment in its history. We look forward to accelerating the scalable growth plan against which Stephane and his leadership team are already executing. The firm prefers to invest in companies from the education, healthcare, software, business services, logistics, chemicals, federal services, financial services . Inframark Dec 2020 - Present 2 years 2 months. 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 firm currently manages private equity, public equity, and credit funds with $28 billion in assets under management. Harris Kealey, Managing Director at New Mountain Capital, commented, "We have long admired Aegion, its management team and talented employees, and we believe New Mountain can bring the key . Get to Know Us. 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. Looking for a Plant Manager in our Mountain House Wastewater Plant. 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. Inframark 12,373 followers 2y #Breakingnews: Inframark Partners with New Mountain Capital for Next Phase of Growth. INFRAMARK, LLC. Sectors of interest include education, healthcare, business services, federal IT services, media, software, consumer products, logistics, financial services and technologies, and energy. 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. We look forward to accelerating the scalable growth plan against which Stephane and his leadership team are already executing. 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. 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. Delgado currently serves on the Board of Directors of HomeX, Qualus Power Services, Inframark, Horizon Services, Finvi, Pearce Services, Aegion . Cytel is a provider of analytical software and services for the life sciences sector. 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. The firm currently manages private equity, credit, net lease real estate and public equity funds with over $30 billion in assets under management. New Partnership Enables Water Services Firm to Expand Service Offerings, Enter Adjacent Markets, and Pursue Acquisition Opportunities. The firm currently manages . Its infrastructure management services group serves 220 clients with financial, administrative and specialized support services. The firm currently manages private equity, credit, net lease real estate and public equity funds with over $30 billion in assets under management. Harris Williams served as the exclusive advisor to Inframark on this transaction. Harris Williams served as the exclusive advisor to Inframark on this transaction. The firm currently manages private equity, public equity, and credit funds with over $30 billion in assets under management. 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. Founded in 1999, New Mountain Capital is an asset management firm headquartered in New York, New York. Its infrastructure management services group serves 220 clients with financial, administrative and specialized support services. Alston Capital Partners is a lower middle-market private equity firm focused on investing in specialty manufacturing, environmental, and technology companies. 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. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. United States, (281) 578-4200. www.inframark.com. Phone: 215.859.7239 What people are saying about New Mountain Capital Join the conversation on New Mountains team totaled 122 investment professionals and staff in 2017 when Fund V commenced and has grown to over 175 today. Our payment window hours are Monday through Friday from 8:00 a.m. to 5:00 p.m. New Mountain has acquired its interest in Inframark from PPC Enterprises LLC (PPC) and Alston Capital Partners LLC (Alston). Its North American operations manages facilities that can treat over 900 million gallons of drinking water and wastewater daily. ESG Operations is currently seeking a Utilities Project Manager in Training to join our team in Douglas, GA. Its flagship platform, TrackWise, is used by 35 of the top 40 pharma companies and 13 of the top 15 medical device manufacturers. As the world's largest independent clinical biostatistics research and development organization, Cytel helps leading pharmaceutical, biotech, and medical device companies improve clinical success rates via optimal study design, effective data management, and accurate statistical analysis. 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. Its infrastructure management services group serves 220 clients with financial, administrative and specialized support services. Terms of the transaction were not disclosed. 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. Over $20B of these sales come from our market-leading interconnected customer experiences, which combine cutting edge ecommerce capabilities with trusted value of our 2,000+ stores and . No guarantee of investment performance is being provided and no inference to the contrary should be made. 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. Management will pursue this through an increased focus on strategic acquisitions and continued investment in capabilities and technologies that deliver more value to customers across core business units: operation and maintenance of water and wastewater systems, management of community infrastructure, and related services. Dana Gorman / Claire Walsh Mr. Devlin most recently served as Chief Executive Officer for Valicor Environmental Services. Our firms expertise in supporting market leaders on their growth journey will be the basis for a meaningful partnership.. 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. Key events included: We thank our Limited Partners for their friendship and support, particularly during a pandemic and other significant global challenges, said Steven Klinsky, Founder and CEO of New Mountain. The Company is one of four national operators in the water and wastewater O&M space and the only "pure-play" provider. This is New Mountain Capitals 66th transaction in the United States. About INFRAMARKInframark, LLC 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. EMAIL: CustomerCare@Inframark.com. Sparta Systems was formed in 1994 and is based in Hamilton, New Jersey. April 05, 2021. 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. New Mountain Capital has proactively developed particular research and operational expertise in carefully selected defensive growth niches of healthcare, software, business services, information and data, logistics, specialty chemicals, federal services, financial services, and environmental services. New Mountain has raised over $36 billion of committed capital across private equity, credit and net lease investment strategies. New Mountain Capital is a private investment firm focused on investment in public and private companies in a variety of industries. Jennifer Flipping Project Manager. Bouclair was founded in 1970 and is based in Pointe-Claire, Quebec. INFRAMARK AND ESG OPERATIONS COMBINE TO FORM INFRAMARK-ESG, THE LEADING FULL-SERVICE INFRASTRUCTURE MANAGEMENT COMPANY. Abernathy MacGregor Katy, Texas 77449. New Partnership Enables Water Services Firm to Expand Service Offerings, Enter Adjacent Markets, and Pursue Acquisition Opportunities . Inframark Partners with New Mountain Capital for Next Phase of Growth. 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. Distribution system . For more information on New Mountain Capital, please visit www.newmountaincapital.com, Copyright 2023, All Rights Reserved | Privacy | Terms of Usewww.inframark.com, Congratulations to Four Prestigious Communities We Are Honored to Serve in Pure Partnership, Community Association Institute (CAI) Names Inframark Management Company of the Year. He has broad management experience as well as a proven track record of successful acquisitions and integrations. 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. 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 Inframark is an Water Infrastructure Operations and Infrastructure Management Services. * Since inception, New . New Mountains private equity strategy seeks to acquire the highest quality leaders in carefully selected "defensive growth" industries, and then to build those businesses. 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 manages private equity, credit, and net lease real estate funds with over $35 billion in assets under management. Management will pursue this through an increased focus on strategic acquisitions and continued investment in capabilities and technologies that deliver more value to customers across core business units: operation and maintenance of water and wastewater systems, management of community infrastructure, and related services. This recent activity capped a strong year for New Mountain in 2020. It also manages more than 7,000 miles of wastewater collection and water distribution networks. ESG Operations is currently seeking an Assistant Project Manager to join our Waycross, Georgia team. Nothing presented herein is intended to constitute investment advice, and no investment decision should be made based on any information provided herein. For more information, visit www.newmountaincapital.com. Management will pursue this through an increased focus on strategic acquisitions and continued investment in capabilities and technologies that deliver more value to customers across core business units: operation and maintenance of water and wastewater systems, management of community infrastructure, and related services. 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. The firm currently manages private equity, public equity, and credit funds with over $30 billion in assets under management. New Mountain has grown tremendously since its founding, and it has also . It also reflects New Mountain Capitals confidence in the firms strong reputation, robust operating model and outstanding approach to service. Water Innovations Digital Magazine Archive. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. The firm currently. The firm currently manages private equity, public equity, and credit funds with over $30B in assets under management. Atlanta, GA. Posted: January 27, 2023. Continued focus on control of risk, social responsibility and broader ESG initiatives. Its North American operations manage facilities that can treat over 900 million gallons of drinking water and wastewater daily. Cytel was founded in 1987 and is based in Waltham, Massachusetts. On behalf of PPC and Alston, we wish them all the best for the future.. Acquired by New Mountain Capital (Investor) on 2020-12-21 Inframark Inframark LLC 2002 W Grand Parkway N Suite100, Katy, Texas 77449 United States, (281) 578-4200 www.inframark.com Profile Investors (4) M&A Activity (3) Analytics
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