Vortex Companies Acquires Stag Technologies
Leading trenchless rehabilitation services company, Vortex Companies, announced today that it has acquired Utah based Stag Technologies, a high-performance coatings manufacturer catering the water, sewer and industrial infrastructure marketplace.
“Stag’s management team of Scott Peterson, Matt Peterson and Brock Stone have built a reputation for developing high performance epoxies and other coatings that we believe are unmatched in our industry,” said Mike Vellano, CEO of Vortex Companies. “A lot of our work involves the application of corrosion-resistant products. Stag’s coatings and linings complement our systems.”
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Stag specializes in developing and delivering 100 percent solids products with zero VOCs. The company offers a full line of products to handle water, wastewater, industrial infrastructure rehabilitation, as well as specialty materials for commercial flooring and walls. Stag’s in-house formulators have decades of experience in developing environmentally friendly epoxies and urethanes.
“We think it’s a perfect fit,” added Matt Peterson, president of Stag Technologies. “Our ability to custom manufacturer and test a coating to meet very specific project requirements has always been an advantage for us. After successfully partnering with Vortex on several projects, the acquisition made sense. Collectively, I believe we will fill a void in the infrastructure rehabilitation market.”
The Vortex Companies is one of the fastest growing trenchless solution providers in the water, sewer and industrial marketplace. In December 2017, Voretx Companies announced that Houston-based investment firm Platform Partners LLC has made an investment to support Vortex’s long-term plans for expansion and organic growth.
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The Vortex Companies suite of services includes turnkey bypass, structural relining, structural and corrosion protection materials, pipe bursting, trenchless robotic systems, and pipe and drain cleaning tools.
For more information, visit vortexcompanies.com
SOURCE – Vortex Companies
