
Infrastructure Renewal Company Acquires Insta-Pipe and IPI
Infrastructure Renewal Company (IRC) recently acquired Insta-Pipe Inc. and IPI Inc.
Dennis Smith, the founder of both Insta-Pipe and IPI, with over 40 years of industry experience will remain active with both organizations as a consultant and strategic partner. Jason Walborn recently appointed CEO of Insta-Pipe, and Kent Jordan President of IPI, will continue their roles, respectively, in addition to holding executive positions as officers within IRC.
“I am honored and humbled to have someone with Jason’s background lead Insta-Pipe. He lives and breathes our purpose of delivering innovative solutions for our clients,” said Smith.
Walborn added, “For many years I’ve witnessed Insta-Pipe and IPI’s ability to deliver on challenging projects. I am excited to be part of a purpose-driven organization and expand the company’s offerings and solutions to new markets.”
Jordan, President of IPI also shared his excitement saying, “I am very excited to have the opportunity to expand on the foundation that Dennis Smith has laid for us. The leadership and knowledge that Jason has sets our companies up for success in the future.”
Before the acquisition, Insta-Pipe and IPI were known for tackling complex projects in the trenchless rehabilitation industry since the 90s. Insta-Pipe was one of the first UV-light cure-only shops in the country and will continue to focus on UV-light cure solutions with an emphasis on larger diameter pipeline infrastructure.
IPI will continue to invest in and provide trenchless inspection technologies for engineers and municipalities using the latest advanced high-definition camera-equipped robotics.
SOURCE – Infrastructure Renewal Company