New Mountain Capital - Inframark. Posted: February 28, 2023. 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. Its infrastructure management services group serves 220 clients with financial, administrative, and specialized support services. 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. Serves as Interim Deputy Director of Field Operations for Pittsburgh Water and Sewer Authority. 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. Sectors of interest include education, healthcare, business services, federal IT services, media, software, consumer products, logistics, financial services and technologies, and energy. Get the latest water industry news, insights, and analysis delivered to your inbox. These investments include HealthComp, LLC, a health benefits administrator; Tinuiti, Inc., a digital performance marketing firm; and Inframark, LLC, a water infrastructure services company; with the fourth investment in the digital services/digital transformation space to be announced. Full-Time. Nothing presented herein is intended to constitute investment advice, and no investment decision should be made based on any information provided herein. Harris Williams advised Inframark, a portfolio company of PPC Enterprises and Alston Capital Partners, on its new partnership with New Mountain Capital. 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 . Mr. Devlin most recently served as Chief Executive Officer for Valicor Environmental Services. 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. #Breakingnews: Inframark Partners with New Mountain Capital for Next Phase of Growth. On behalf of PPC and Alston, we wish them all the best for the future.. ("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. Demand for Fund VI substantially exceeded the hard cap amount, and Fund VI closed with $9.0 billion of Limited Partner commitments and approximately $600 million of General Partner/Affiliated investor commitments. The firm prefers to invest in companies from the education, healthcare, software, business services, logistics, chemicals, federal services, financial services . Try For Free 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. Water Infrastructure Operations. Terms of the transaction were not disclosed. 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. This includes contract management, billing, customer service, operations support, maintenance, and system improvements. New Mountain has never had a private equity bankruptcy or missed an interest payment in its history. 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. New Mountain Capital is a private investment firm focused on investment in public and private companies in a variety of industries. 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. Past performance is not indicative of future results. It also reflects New Mountain Capitals confidence in the firms strong reputation, robust operating model and outstanding approach to service. 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. Position Purpose: Home Depot is the world's #1 home improvement retailer with over $150B in annual sales. 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. 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. Founded in 1999, New Mountain Capital is an asset management firm headquartered in New York, New York. Inframarks management team, led by CEO Stephane Bouvier, will continue to lead the business and execute upon their strong vision for the future. Fund VI and SEF I will continue to pursue New Mountains strategy of emphasizing non-cyclical growth and business building for companies in carefully selected defensive growth industries. Sparta has over 825,000 individual users overall across more than 30 countries. 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 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. 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. James Devlin serves as Chief Executive Officer of Inframark. The firm currently manages private equity, public equity, and credit funds with over $30 billion in assets under management. Mr. Devlin is a seasoned operating executive and investor with directly relevant industry knowledge and experience in waste management and environmental services industries. GTCR - Ultimus Fund Solutions. The firm currently. 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. 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. 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. Fund VI has already closed on three portfolio investments and signed a fourth investment in December. 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. Water Innovations Digital Magazine Archive. 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 . Public Pension Capital was formed in 2012 and has offices in New York City and Chicago. New Mountains credit strategy applies the firm's "defensive growth" investment philosophy to corporate lending opportunities. Follow Us. This website uses cookies to ensure you get the best experience on our website. Email: Jennifer.Flipping@inframark.com, New Mountain Capital 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. 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. 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 infrastructure management services group serves 220 clients with financial, administrative and specialized support services. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. 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. All News. Bouclair is a home-decor retailer focused on outstanding customer service. 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. Our firms expertise in supporting market leaders on their growth journey will be the basis for a meaningful partnership.. Inframark is based in Katy, Texas. 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. Distribution system . 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 . Battery Solutions is a provider of battery recycling services to corporations, governments, municipalities, and households. 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. It also manages more than 7,000 miles of wastewater collection and water distribution networks. 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. Contact Information ESG Operations, Inc. 6400 Peake Road Macon, Georgia 31210 +1 478 474 5025. info@esginc.net. The firm currently manages private equity, credit, net lease real estate and public equity funds with over $30 billion in assets under management. We look forward to accelerating the scalable growth plan against which Stephane and his leadership team are already executing. 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 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. 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 an infrastructure services company focused on operation and maintenance of water and wastewater systems, management of community infrastructure, and back . 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. It also reflects New Mountain Capitals confidence in the firms strong reputation, robust operating model and outstanding approach to service. 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. 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. The firm currently. Alston Capital Partners is a lower middle-market private equity firm focused on investing in specialty manufacturing, environmental, and technology companies. 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. Harris Williams served as the exclusive advisor to Inframark on this transaction. 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. 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. 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. 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. Inframarks management team, led by CEO Stephane Bouvier, will continue to lead the business and execute upon their strong vision for the future. New Mountains team totaled 122 investment professionals and staff in 2017 when Fund V commenced and has grown to over 175 today. New Mountain Capital is a New York-based private equity firm that emphasizes business building and growth 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 appreciation. The firm currently manages private equity, public equity, and credit funds with over $30 billion in assets under management. 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? 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. 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.