PURIS Acquires Insight Pipe Contracting, IPC Services
PURIS LLC completed the acquisition of Harmony, Pennsylvania-based Creekside. Creekside is the parent company of Insight Pipe Contracting and IPC Services.
Creekside is a premier infrastructure and environmental services provider with customers throughout the Mid-Atlantic and Midwest.
“We are thrilled to welcome Mike [Marburger] and the entire Creekside team to the PURIS family,” said Mick Fegan, CEO of PURIS. “For over 30 years, Creekside has delivered exceptional technical services to its customers. In combining our companies, we will continue to provide our collective customers with an enhanced array of capabilities across stormwater, wastewater and potable water applications. This acquisition advances our efforts to be the provider of choice for underground pipeline rehabilitation services.”
Founded in 1989 by Michael Marburger, Creekside specializes in trenchless pipeline rehabilitation services for wastewater and stormwater sewer applications. Insight Pipe offers cured-in-place pipe (CIPP) installation, cleaning, CCTV inspections and ancillary services to municipal customers. IPC Services provides specialized cleaning and fluid hauling services to industrial end-markets.
“PURIS is the ideal partner for Creekside as we look to the next phase of growth for our company. Since our founding, we have cultivated a culture rooted in service, quality, and safety,” said Marburger. “The PURIS team shares a clear alignment with these principles, and I believe the combination of our companies will strengthen our collective efforts as we move forward.”
The PURIS Portfolio
PURIS is a portfolio company of an investment affiliate of J.F. Lehman & Company LLC (JFLCO). Its companies include Inliner Solutions, IWPC, Liner Products, Liquiforce, Murphy Pipelines and PM Construction. Creekside represents PURIS’ first strategic acquisition since the JFLCO-led recapitalization of the business in 2024 via a single asset continuation fund.
“Creekside’s capabilities and synergistic fit are emblematic of our strategic priorities as we augment organic growth with a tailored acquisition strategy. We look forward to supporting future acquisitions with our refreshed capital structure,” said Dave Thomas, managing director at JFLCO.
A&O Shearman provided legal counsel to PURIS and JFLCO. Financing for the transaction was arranged by General Atlantic Credit with PSP Investments Credit USA LLC serving as lead investor. Strategic Advisors served as financial advisor, and Metz Lewis Brodman Must O’Keefe LLC served as legal counsel to Creekside.
SOURCE – JFLCO
