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...
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...
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...
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...
Moody's Investors Service ("Moody's") said that the planned $95 million term loan add-on of Aegion Corporation ("Aegion"), a leading provider of infrastructure maintenance, rehabilitation and protection solutions, does not affect the company's ratings, including the B2 corporate family rating ("CFR"...
Aegion Announces Acquisition of Portland Utilities Construction Company, LLC The North American Leader in Technology-Enabled Water Solutions Continues Expansion of Service Footprint ST. LOUIS, July 31, 2023 (GLOBE NEWSWIRE) -- , a leading provider of infrastructure maintenance, rehabilitation and technology-enabled water solutions, today announced the acquisition of Portland Utilities Construction Company, a preferred underground utility contractor in the Southeast and Texas. Portland Utilities Construction Company, LLC (PUCC) plans to operate under its current company name in the near ...
Aegion Announces Acquisition of Standard Pipe Services The North American Leader in Technology-Enabled Water Solutions Expands Service Footprint in the Delaware-Maryland-Pennsylvania Tri-State Area ST. LOUIS, June 12, 2023 (GLOBE NEWSWIRE) -- , a leading provider of infrastructure maintenance, rehabilitation and technology-enabled water solutions, today announced the acquisition of Standard Pipe Services, a preferred provider of trenchless repair services throughout the Delaware-Maryland-Pennsylvania tri-state area. Standard Pipe Services employees and facilities will remain in place in...
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 a...
Aegion Corporation annonce l'acquisition de Services Infraspec inc. ST. LOUIS , 02 mai 2023 (GLOBE NEWSWIRE) -- , chef de file mondial en solutions d'entretien, de réhabilitation et de gestion de l'eau, a annoncé aujourd'hui par l’entremise de sa filiale canadienne Insituform Technologies Limited l'acquisition de Services Infraspec inc., une société spécialisée dans les services de réhabilitation de conduite sans tranchée basée au Québec (Canada). Services Infraspec inc. a connu une croissance rapide depuis sa fondation en 2009 et est l'un des principaux fournisseurs de services de réhab...
Aegion Announces Acquisition of Proline Vactor Services The North American Leader in Technology-Enabled Water Solutions Adds Professional Services to its Growing Portfolio ST. LOUIS, March 06, 2023 (GLOBE NEWSWIRE) -- , a leading provider of infrastructure maintenance, rehabilitation and technology-enabled water solutions, today announced the acquisition of Proline Vactor Services, a cleaning, inspection and grouting company servicing customers throughout Florida. Proline Vactor Services will now operate as part of , an Aegion portfolio company. Since its founding in 1998, Proline Vact...
Aegion Announces Acquisition of Next Level Environmental The North American Leader in Technology-Enabled Water Solutions Adds Key Infrastructure Services to its Growing Portfolio ST. LOUIS, Aug. 23, 2022 (GLOBE NEWSWIRE) -- , a leading provider of infrastructure maintenance, rehabilitation, and technology-enabled water solutions, today announced the acquisition of Next Level Environmental, a Boston-based company. Next Level Environmental assets and employees will now operate as part of , an Aegion portfolio company. Since 2018 and prior to the acquisition, Next Level Environmental has ...
Aegion Announces Acquisition of EN-TECH Corporation’s Cured-in-Place Lining Division The North American Leader in Technology-Enabled Water Solutions Welcomes EN-TECH to Its Portfolio ST. LOUIS, June 10, 2022 (GLOBE NEWSWIRE) -- , a leading provider of infrastructure maintenance, rehabilitation, and technology-enabled water solutions, today announced the acquisition of EN-TECH Corporation’s cured-in-place pipe (CIPP) lining division. EN-TECH, headquartered in Closter, N.J., has been a leading provider of pipe maintenance and rehabilitation solutions across the Northeast since 1983. The ...
IST-North America and MTC Announce Exclusive Distribution Partnership Leading CIPP Material Suppliers Partner to Bring Quality Products to North America ST. LOUIS, Feb. 18, 2022 (GLOBE NEWSWIRE) -- and , an company, today announced an exclusive partnership to expand distribution of its high quality products to the small diameter cured-in-place pipe (CIPP) market across the United States and Canada. MTC will become the exclusive supplier of IST consumable products in North America beginning March 1, 2022. As a result of this agreement, lining companies, plumbers, pipe contractors, a...
Aegion Welcomes James Mitchell, Jr. to Board of Directors ST. LOUIS, Dec. 14, 2021 (GLOBE NEWSWIRE) -- , a leading provider of infrastructure maintenance, rehabilitation, and protection solutions, today announced the appointment of James Mitchell, Jr. to its Board of Directors. Mr. Mitchell, who will also serve as Chair of the Audit Committee, brings decades of financial, operational, governance, and strategic expertise to the company’s Board. Mr. Mitchell’s extensive career in business, financial services, and government includes over two decades at General Electric, where he served as ...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Aegion Corporation. Global Credit Research- 06 Dec 2021. New York, December 06, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Aegion Corporation and other ratings that are associated with the same analytical unit.
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Aegion Completes Transaction with Affiliates of New Mountain Capital to Become a Private Company ST. LOUIS, May 17, 2021 (GLOBE NEWSWIRE) -- Aegion Corporation, a leading provider of infrastructure maintenance, rehabilitation and protection solutions, today announced the successful completion of the previously announced transaction under which affiliates of New Mountain Capital, L.L.C. (“New Mountain”) acquired all outstanding shares of Aegion for $30.00 per share in cash. As a result of the transaction, Aegion has become a private company and its common stock will no longer be listed fo...
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