IPR acquires pipe rehabilitation solutions provider Granite Inliner
Inland Pipe Rehabilitation (IPR), a US-based water and wastewater infrastructure services company, has acquired Granite Inliner and affiliated companies from Granite Construction Incorporated.
The financial terms of the deal were not disclosed.
Inland Pipe Rehabilitation, which is a portfolio company of investment affiliates of J.F. Lehman & Company (JFLCO), said that the acquisition boosts its capabilities and service solutions, while considerably growing its footprint across North America.
Mick Fegan — CEO of Inland Pipe Rehabilitation said: “We are thrilled to welcome Inliner employees into the IPR family. This is the beginning of a new and exciting chapter for our combined company. The addition of Inliner enhances an already-robust suite of products and technologies, and positions us to deliver best-in-class services to our customers.”
Granite Inliner is a vertically-integrated provider of trenchless pipe rehabilitation solutions. The company addresses wastewater and stormwater infrastructure for municipal and private customers across the US and Canada.
Its solutions include heat-cured and UV-based cured-in-place-pipe solutions (CIPP), manhole renewal, geopolymer rehabilitation, and construction management services.
Denise McClanahan — Vice President of Granite Inliner said: “In IPR, we have found a strong partner focused on and committed to the rehabilitation industry. This will allow the combined entity to further diversify and expand its service offerings as well as grow into new territories.
“These companies complement each other in all key respects. The capabilities and service offerings we can now extend to our customers and the communities we serve is unmatched in the industry.”
Headquartered in Conyers, Georgia, Inland Pipe Rehabilitation offers pipe rehabilitation solutions for municipal customers that own and manage underground municipal waste, stormwater, and potable water pipe infrastructure.
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