This is New Mountain Capitals 3rd transaction in Texas. Terms of the transaction were not disclosed. New Mountains previous flagship fund, Fund V, closed with approximately $6.2 billion of commitments in 2017, and is now fully invested in platform companies, with the remaining capital reserved for follow-on growth investments. New Mountain Capital Completes $10.2 Billion of Private Equity Within the environmental sector, Alston targets businesses that reduce waste and improve resource consumption. Inframark Partners with New Mountain Capital for Next Phase of Growth Water wastewater operator jobs | Careers in Utilities This is New Mountain Capitals 66th transaction in the United States. New Mountain Capital ("New Mountain") is an alternative investment manager with private equity, credit and net lease strategies. Inframark Inframark is an Water Infrastructure Operations and Infrastructure Management Services. Its infrastructure management services group serves 220 clients with financial, administrative and specialized support services. New Mountain Finance Corporation New Mountain Capital buys Inframark | PE Hub Inframark set for acquisitive growth under new owner We will strive to continue to build great businesses for the benefit of our investors, and the community at large, in the years ahead.. New Mountain has never had a private equity bankruptcy or missed an interest payment in its history. 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. 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. INFRAMARK, LLC. Its flagship platform, TrackWise, is used by 35 of the top 40 pharma companies and 13 of the top 15 medical device manufacturers. EMAIL: CustomerCare@Inframark.com. 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. 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 . The firm currently manages private equity, credit, net lease real estate and public equity funds with over $30 billion in assets under management. Get the latest water industry news, insights, and analysis delivered to your inbox. Our payment window hours are Monday through Friday from 8:00 a.m. to 5:00 p.m. The management team will continue to have a meaningful ownership interest alongside New Mountain. Inframark Partners With New Mountain Capital For Next Phase Of Growth We look forward to accelerating the scalable growth plan against which Stephane and his leadership team are already executing. Prior to joining New Mountain Capital in 2005, Mr. Weinstein was a Manager at Deloitte & Touche, LLP and worked in that firm's merger and acquisition and private equity investor services areas. Its North American operations manages facilities that can treat over 900 million gallons of drinking water and wastewater daily. Home - ESG Operations, Inc. Mr. Devlin is a seasoned operating executive and investor with directly relevant industry knowledge and experience in waste management and environmental services industries. Clients - Inframark | Inframark It also manages more than 7,000 miles of wastewater collection and water distribution networks. 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 is based in Katy, Texas. These funds include New Mountains 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, Strategic Equity Fund I, L.P. (SEF I), with $640 million of capital. Description. NEW YORK, August 01, 2022--New Mountain Capital Announces Intent to Acquire PerkinElmer's Applied, Food and Enterprise Services Businesses for up to $2.45 Billion Facebook; LinkedIn; Abernathy MacGregor New Mountain has acquired its interest in Inframark from PPC Enterprises LLC (PPC) and Alston Capital Partners LLC (Alston). At Inframark, he is the leader of the senior level management team charged with managing day-to-day operations for the Texas MUD Region with over 400 employees, 180 utility districts, and 128 water and wastewater facilities that serve over 400,000 Texans. New Mountain Capital emphasizes intensive fundamental research and a growth-oriented, value-add investment approach, rather than reliance on excessive risk, as the best path to high and consistent long-term returns. 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. Alston Capital Partners was formed in 2011 and is based in New York City. 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. Todd Adams - ESG - ESG Operations, Inc. | LinkedIn Jennifer Flipping 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. INFRAMARK AND ESG OPERATIONS COMBINE TO FORM INFRAMARK-ESG, THE LEADING FULL-SERVICE INFRASTRUCTURE MANAGEMENT COMPANY. Harris Williams served as the exclusive advisor to Inframark on this transaction. Acquisition of eight new private equity platform companies, two non-control SEF I positions, and five major add-ons to existing companies, deploying $2.6 billion of fund capital in total. The firm currently manages private equity, credit, net lease real estate and public equity funds with over $30 billion in assets under management. Inframark is an infrastructure services company focused on the operation and maintenance of water and wastewater systems, management of community infrastructure, and back-office services. United States, (281) 578-4200. www.inframark.com. New Mountain has acquired its interest in Inframark from PPC Enterprises LLC (PPC) and Alston Capital Partners LLC (Alston). 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. It also manages more than 7,000 miles of wastewater collection and water distribution networks. 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 Firm looks to commit $25 to $75 million in profitable companies with up to $250 million in revenue. 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. 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 . Harris Williams served as the exclusive advisor to Inframark on this transaction. 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. About Us - New Mountain Capital New Mountain collects $10.2bn across two PE funds Mr. Devlin most recently served as Chief Executive Officer for Valicor Environmental Services. It also reflects New Mountain Capitals confidence in the firms strong reputation, robust operating model and outstanding approach to service. New Mountain Capital is a private investment firm focused on investment in public and private companies in a variety of industries. New Mountain Capital | 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. 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. Get to Know Us. On behalf of PPC and Alston, we wish them all the best for the future.. Deal marks successful exit for New Mountain Capital Windsor, Connecticut, New York, New York - October 14, 2021 - TRC, a leading, global consulting, engineering and construction firm that provides environmentally focused and digitally powered solutions, announced today a significant growth investment from Warburg Pincus, a leading global growth investor. Bill Shreve - Mechanicsville, Maryland, United States | Professional Inframarks management team, led by CEO Stephane Bouvier, will continue to lead the business and execute upon their strong vision for the future. 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. There is a risk of loss from an investment in securities, including the potential loss of principal. Inframark, LLC, Acquires Two Subsidiaries of Meritus Corp. 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. Bouclair products are now available in-store and online, providing equal shopping opportunities for every Canadian at all times and during Friends and Family promotion. Cytel is a provider of analytical software and services for the life sciences sector. 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. The firm currently manages private equity, public equity, and credit funds with $28 billion in assets under management. William Haley - Director - New Mountain Capital | LinkedIn Wastewater Plant Manager Job in Tracy, CA at INFRAMARK, LLC. 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 . The management team will continue to have a meaningful ownership interest alongside New Mountain. 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. SEF I has made two portfolio investments: Lincoln Investment Capital Holdings LLC, a full-service RIA/broker dealer, and IMA Financial Group, Inc., a property and casualty-focused specialty insurance brokerage. New Mountain has acquired its interest in Inframark from PPC Enterprises LLC (PPC) and Alston Capital Partners LLC (Alston). 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. Sparta Systems is a provider of quality management software to the pharmaceutical, medical device, and consumer products industries. Atlanta, GA. Posted: January 27, 2023. New Mountain Capital is a private investment firm focused on investment in public and private companies in a variety of industries. Public Pension Capital was formed in 2012 and has offices in New York City and Chicago. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. No guarantee of investment performance is being provided and no inference to the contrary should be made. Based on the firms last social dashboard (published in March 2020 representing 2019 data), the private equity portfolio companies under New Mountains ownership have added or created over 46,000 jobs net of any job losses and maintained a median income of ~72% above national individual median income. New Mountains credit strategy applies the firm's "defensive growth" investment philosophy to corporate lending opportunities. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX. 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. Battery Solutions is a provider of battery recycling services to corporations, governments, municipalities, and households. New Mountain Capital Acquires Inframark | Mergr M&A Deal Summary Inframark Partners with New Mountain Capital for Next Phase of Growth We look forward to accelerating the scalable growth plan against which Stephane and his leadership team are already executing. This recent activity capped a strong year for New Mountain in 2020. New Mountain Capital ("New Mountain") is an alternative investment manager with private equity, credit, public equity and net lease strategies. Fund VI has already closed on three portfolio investments and signed a fourth investment in December. Read the full #pressrelease here: https://loom.ly/GbjEaig. New Mountain has acquired its interest in Inframark from PPC Enterprises LLC (PPC) and Alston Capital Partners LLC (Alston). 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. Life Sciences Outsourcing, Inc. is headquartered in Brea, California, and has successfully worked with more than 850 medical device startups as a trusted outsource partner by accelerating product speed to market and enabling customers to continually develop increasingly complex and innovative commercial medical devices. 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. Terms of the transaction were not disclosed. The investors in Fund VI include approximately 300 of the worlds leading pension funds, insurance companies, sovereign wealth funds, asset managers, family offices, high net worth individuals and endowments. Announced Date Dec 21, 2020 Acquisition Type Acquisition Acquisition Status Complete Recent News New Mountain generally invests $100 to $500 million per transaction and looks for businesses with strong market positions and high barriers to entry. 1 . Its infrastructure management services group serves 220 clients with financial, administrative and specialized support services. 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. 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. In September 2021 we sold that same. 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. Sparta has over 825,000 individual users overall across more than 30 countries. The Plant Manager reports to a Project Manager who is based offsite at a neighboring facility. 1633 Broadway, 48th Floor | New York, New York 10019. Aegion Enters into Definitive Agreement to be Acquired by Affiliates of New Mountain Capital | Intralinks Inframark is an infrastructure services company focused on the operation and maintenance of water and wastewater systems, management of community infrastructure, and back-office services. Sectors of interest include education, healthcare, business services, federal IT services, media, software, consumer products, logistics, financial services and technologies, and energy. The firm currently manages private, public equity, and credit funds with over $9 billion in aggregate capital commitments. New Partnership Enables Water Services Firm to Expand Service Offerings, Enter Adjacent Markets, and Pursue Acquisition Opportunities . 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. 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 . 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 . ESG Operations is currently seeking a Utilities Project Manager in Training to join our team in Douglas, GA. New Mountain's aggregate assets under management total. 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. Bluegrass sources raw milk from dairy farmers and processes it into a wide range of intermediate and shelf stable goods such as dry milk and cheese powders, non-dairy creamers, shortening powders, cheese, and specialty butters. 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. 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. 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. 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 expense delivers entry to capital that boosts Inframark's ability for expansion whilst protecting and setting up on its leadership position in the . SEF I, which is dedicated to non-control/minority investments, held its final closing in September. For more information, visit www.newmountaincapital.com. New Mountain Finance Corporation (Nasdaq: NMFC) is a business development company primarily focused on lending to middle market companies in "defensive growth" industries. 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. 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. 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. 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. 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 firm currently manages private equity, credit, and net lease real estate funds with over $35 billion in assets under management. 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 Closes on $10 Billion - peprofessional.com 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. Senior Manager, Planning & Prioritization Job in Atlanta, GA at Home Depot Nothing presented herein is intended to constitute investment advice, and no investment decision should be made based on any information provided herein. Its infrastructure management services group serves 220 clients with financial, administrative and specialized support services. Inframark is a leading national provider of outsourced operations and maintenance ("O&M") services to water and wastewater treatment facilities for both municipal and industrial customers. Tracy, CA. Assistant Project Manager Job Waycross Georgia USA,Management Aegion Enters Into Definitive Agreement to be Acquired by - Yahoo! With experience spanning more than 40 years, Inframark provides overall management of water and wastewater systems in 19 states. Access Holdings - Regency Family. This is New Mountain Capitals 1st transaction in the Infrastructure sector. Our firms expertise in supporting market leaders on their growth journey will be the basis for a meaningful partnership.. ESG Operations is currently seeking an Assistant Project Manager to join our Waycross, Georgia team. Salary range: $85-$100k depending on level of experience. 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. Get the best of Water Online delivered straight to your Inbox! 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. Inframark Partners with New Mountain Capital for Next Phase of Growth New Mountain Capital is a private equity general partner firm headquartered in New York, NY, United States. Inframark is a leading national provider of outsourced operations and maintenance ("O&M") services to water and wastewater treatment facilities for both municipal and industrial customers. New Mountain Capital, LLC, together with its affiliates (New Mountain), manages private equity, credit and net lease capital with aggregate assets under management totaling more than $37 billion. TRC Announces Growth Investment from Warburg Pincus; Deal - Benzinga New Mountain invests in Inframark | S&P Global Market Intelligence 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.