AEGN Aegion Corporation

Aegion Announces Acquisition of Infraspec Services, Inc.

Aegion Announces Acquisition of Infraspec Services, Inc.

The North American Leader in Technology-Enabled Water Solutions Expands its Presence in Canada

ST. LOUIS, May 02, 2023 (GLOBE NEWSWIRE) -- , a leading provider of infrastructure maintenance, rehabilitation and technology-enabled water solutions, today announced the acquisition of Infraspec Services, Inc., a corporation that specializes in trenchless water rehabilitation services in Quebec, Canada. Infraspec plans to operate under its current company name in the near term.

Infraspec has grown rapidly since it was founded in 2009 and is one of the leading trenchless rehabilitation providers in Quebec. The company self-performs cured-in-place pipe rehabilitation (CIPP), sewer cleaning & inspection, grouting, as well as lead pipeline replacement services.

“The legacy and full-service nature of Infraspec make it a strong addition to our portfolio,” said Rob Tullman, President and CEO, Aegion. “Together, our teams will continue servicing the Canadian municipal market with more resources than ever before. We look forward to helping Infraspec grow in the market under Éric Bellemare’s proven leadership.”

Infraspec employees and facilities will remain in place in Quebec.

“Our company’s rapid expansion over the past 14 years is a testament to our talented teams,” said Éric Bellemare, President, Infraspec Services. “Under new ownership, I am confident that we will continue to offer unparalleled services and solutions in Quebec while broadening our territory and strengthening our group.”

More information about Aegion can be found at .

About Aegion Corporation

Since 1971, Aegion has combined innovative technologies with market-leading expertise as the industry leader in rehabilitation solutions for wastewater, stormwater, and potable water pipelines. Aegion is committed to Stronger. Safer. Infrastructure.®

About Infraspec Services

Infraspec Services specializes in the trenchless rehabilitation of sanitary, pluvial and combined pipelines. With a head office located in Laval since 2009, Infraspec serves industries, businesses, cities and municipalities, as well as construction contractors across eastern Canada.

For more information, contact:

Beth Kerley | Vice President, Communications

Aegion Corporation



EN
02/05/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Aegion Corporation

Aegion Corporation: Update to credit analysis

Our credit view of this issuer reflects its high financial leverage, offset by its leading market position.

Moody's Ratings affirms Aegion's B2 CFR and senior secured ratings; ou...

Moody's Ratings ("Moody's") affirmed Aegion Corporation's ("Aegion") B2 corporate family rating ("CFR"), B2-PD probability of default rating ("PDR") and B2 senior secured first lien term loan rating. Moody's assigned a B2 rating to the company's amended and extended $100 million senior secured first...

 PRESS RELEASE

Aegion Announces Acquisition of AP Civil Solutions, LLC

Aegion Announces Acquisition of AP Civil Solutions, LLC The North American Leader in Technology-Enabled Water Solutions Continues Expansion of Utility Services ST. LOUIS, Oct. 18, 2023 (GLOBE NEWSWIRE) -- , the leading provider of infrastructure maintenance, rehabilitation and technology-enabled water solutions, today announced the acquisition of AP Civil Solutions, LLC, a full-service water and wastewater maintenance company located in central Florida. AP Civil Solutions will now operate as part of , an Aegion portfolio company. Founded in 2016 by Anthony Bosco, AP Civil found its nic...

 PRESS RELEASE

Aegion Announces Acquisition of 11 Enviro Group

Aegion Announces Acquisition of 11 Enviro Group The North American Leader in Technology-Enabled Water Solutions Continues Expansion of Specialty Services ST. LOUIS, Oct. 02, 2023 (GLOBE NEWSWIRE) -- , the leading provider of infrastructure maintenance, rehabilitation and technology-enabled water solutions, today announced the acquisition of 11 Enviro Group, a provider of assessment, maintenance, and trenchless services for water and wastewater pipelines in the New York City metropolitan area. 11 Enviro Group will now operate as part of EN-TECH Infrastructure, an Aegion portfolio company...

 PRESS RELEASE

Aegion Announces Acquisition of C&L Water Solutions, Inc.

Aegion Announces Acquisition of C&L Water Solutions, Inc. The North American Leader in Technology-Enabled Water Solutions Continues Expansion ST. LOUIS, Sept. 14, 2023 (GLOBE NEWSWIRE) -- , the leader in infrastructure maintenance, rehabilitation and technology-enabled water solutions, today announced the acquisition of C&L Water Solutions, Inc., a full-service trenchless pipeline rehabilitation service provider in Colorado. C&L Water Solutions plans to operate under its current company name in the near term. Headquartered in Littleton, Colorado, C&L Water Solutions was founded in 1979...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch