Inframarks management team, led by CEO Stephane Bouvier, will continue to lead the business and execute upon their strong vision for the future. This website uses cookies to ensure you get the best experience on our website. Before Valicor, he also served as Chief Executive Officer for ReCommunity Recycling, which was the largest independent processor of municipally generated curbside recyclables in the U.S. Before ReCommunity, James served as the Chief Executive Officer for Thermo Fluids Inc., which was the 3rd largest collector and processor of used motor oil in the U.S. Mr. Devlin joined the Board of Directors for Aperions portfolio Company Tri Con Works, which is a leading provider of landfill gas system construction projects and industrial construction projects, via their Diamondback construction division. New Mountain Capital is a private investment firm focused on investment in public and private companies in a variety of industries. Full-Time. Terms of the transaction were not disclosed. This includes contract management, billing, customer service, operations support, maintenance, and system improvements. Atlanta, GA. Posted: January 27, 2023. Twelve years ago, in 2010, my private equity firm, New Mountain Capital, acquired a little-known Wisconsin software company, RedPrairie, for $565 million. Public Pension Capital was formed in 2012 and has offices in New York City and Chicago. 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 Company is one of four national operators in the water and wastewater O&M space and the only pure-play provider. 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. 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. Dana Gorman / Claire Walsh Mr. Devlin is a seasoned operating executive and investor with directly relevant industry knowledge and experience in waste management and environmental services industries. Description. New Partnership Enables Water Services Firm to Expand Service Offerings, Enter Adjacent Markets, and Pursue Acquisition Opportunities. On behalf of PPC and Alston, we wish them all the best for the future.. The firm currently manages private equity, public equity, and credit 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. The investments to date represent over 10% of Fund VI capital commitments and are followed by a strong pipeline of additional platform and add-on opportunities. 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. Phone: 215.859.7239 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, LLC ("New Mountain") Issues "Social Dashboard" Report For the Period Ending December 31, 2020. The firm currently manages private equity, public equity, and credit funds with over $30B in assets under management. For more information on New Mountain Capital, please visit www.newmountaincapital.com, Inframark 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. Horsham, Pennsylvania. Our payment window hours are Monday through Friday from 8:00 a.m. to 5:00 p.m. 1633 Broadway, 48th Floor | New York, New York 10019. He has broad management experience as well as a proven track record of successful acquisitions and integrations. It also reflects New Mountain Capitals confidence in the firms strong reputation, robust operating model and outstanding approach to service. Inframark Partners with New Mountain Capital for Next Phase of Growth. Salary range: $85-$100k depending on level of experience. 1 . Its North American operations manages facilities that can treat over 900 million gallons of drinking water and wastewater daily. * Since inception, New . 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. 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. Read the full #pressrelease here: https://loom.ly/GbjEaig. New Mountain Capital works systematically to establish expertise in additional sectors over time. Acquiring Organization: New Mountain Capital New Mountain Capital manages private equity and public equity capital with aggregate assets. Get the best of Water Online delivered straight to your Inbox! 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. It also reflects New Mountain Capitals confidence in the firms strong reputation, robust operating model and outstanding approach to service. 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. April 05, 2021. Valicor was the largest company in the U.S. specializing in the collection, transportation and treatment of non-hazardous industrial wastewater, in addition to providing other services, such as product destruction, recycling and waste oil collection and processing. It also manages more than 7,000 miles of wastewater collection and water distribution networks. The Firm looks to commit $25 to $75 million in profitable companies with up to $250 million in revenue. 7-Day Free Trial. 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, founded in 2000, manages over $30 billion in aggregate assets in private equity, credit, net lease real estate and public equity funds. James Devlin serves as Chief Executive Officer of Inframark. The firm currently manages . Abernathy MacGregor The firm currently manages private equity, public equity, and credit funds with over $30 billion in assets under management. On behalf of PPC and Alston, we wish them all the best for the future.. 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. 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. The firm currently manages private, public equity, and credit funds with over $9 billion in aggregate capital commitments. We aim to generate current income and capital appreciation through investments in debt securities at all levels of the capital structure. 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. SEF I also has a strong pipeline of additional investments that the firm is pursuing. The vast majority of Fund V investors returned for Fund VI, and the firm also added many new investors, with notable expansion from Asia, Europe and Latin American regions. 1633 Broadway, 48th Floor | New York, New York 10019. Inframarks management team, led by CEO Stephane Bouvier, will continue to lead the business and execute upon their strong vision for the future. The firm currently manages private equity, credit, and net lease real estate funds with over $35 billion in assets under management. 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 Partnership Enables Water Services Firm to Expand Service Offerings, Enter Adjacent Markets, and Pursue Acquisition Opportunities. Email: Jennifer.Flipping@inframark.com, New Mountain Capital 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. 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 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. We look forward to accelerating the scalable growth plan against which Stephane and his leadership team are already executing. 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 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. Spartas software solutions help improve quality outcomes and incident response, with improved regulatory compliance and lower administrative costs. This is New Mountain Capitals 3rd transaction in Texas. Past performance is not indicative of future results. Within specialty manufacturing, Alston looks for market leading, low fixed asset companies that produce high value-added products. Founded in 1999, New Mountain Capital is an asset management firm headquartered in New York, New York. 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. 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. New Mountain generally invests $100 to $500 million per transaction and looks for businesses with strong market positions and high barriers to entry. What people are saying about New Mountain Capital Join the conversation on 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 has grown tremendously since its founding, and it has also . Its North American operations manages facilities that can treat over 900 million gallons of drinking water and wastewater daily. 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 . 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.

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