December 1, 2008Detroit-based Inland Pipe Rehabilitation (IPR), a leading provider of underground rehabilitation solutions with offices throughout the United States, has acquired Underground Technologies Inc., a Knoxville, Tenn.-headquartered and Houston-established, pipe rehabilitation provider. Joseph A. Cutillo, president and CEO of Inland Pipe Rehabilitation, made the announcement in a press release.
The acquisition is a result of IPR’s continued national expansion efforts and desire to develop the company’s rapidly evolving roster of underground rehabilitation solutions. Inland Pipe Rehabilitation is the country’s leading provider of pipe bursting and green, environmentally friendly rehabilitation services. The company is also one of the nation’s leading providers of cured-in-place-pipe (CIPP).
Underground Technologies specializes in pipe bursting and sliplining trenchless replacement methods and has experienced exceptional growth in Texas and the southeast region of the United States. The company is committed to providing innovative solutions and cost saving trenchless replacement for national pipe installation projects. Underground Technologies’ recognition as one of the most experienced privately owned pipe-bursting contractors in North America will complement Inland Pipe Rehabilitation’s existing suite of services geared toward maintaining and repairing the nation’s infrastructure.
“Adding the impressive expertise and solutions that Underground Technologies offers to Inland Pipe Rehabilitation’s portfolio through this acquisition is in line with our strategic growth plan,” said Cutillo. “As the infrastructure industry evolves and the needs of our municipal, government and private sector clients change, so must the solutions we can offer. Underground Technologies has a proven track record in trenchless rehabilitation and we feel this collaboration will offer great value to clients, new and shared.”
Inland Pipe Rehabilitation has experienced success nationwide and has expanded its solution offerings and locations dramatically since 2006 through the acquisitions of Ontario, Calif.-based RePipe and Houston-based PM Construction, both of which now operate as affiliates of IPR. The unprecedented growth of the company has led to new offices in Georgia, Texas, California and now Tennessee in the past two years.
The acquisition is part of Inland Pipe Rehabilitation’s ongoing expansion efforts. The company will continue to increase its capabilities and operations while identifying additional growth opportunities.