Waterline Renewal Technologies, a portfolio company of Behrman Capital, completed its acquisition of Pipe Lining Supply, a national, full-service cured-in-place pipe (CIPP) lateral lining and drain, waste and vent sewer pipe rehabilitation supplier .
Aligned with Waterline Renewal Technologies’ growth strategy, the acquisition will provide Waterline Renewal Technologies with a solid foundation for the continued development of its business in North America. The terms of the purchase were not disclosed.
Founded in 2004 by Linda Heisler and later joined by her husband John Heisler, Pipe Lining Supply focuses on restoring sewers to a like-new condition without excavating. By offering a diverse range of products and services for any gravity-fed drainage system needing rehabilitation, Pipe Lining Supply has created a one-stop-shop solution for plumbers and drain cleaners. Its offerings include Quik-Shot Systems, Quik-Coating Systems, high-speed drain cleaning machines, lateral lining materials and resins, support and training, and a fully customizable MICROSHOP on wheels.
“We are thrilled to welcome and join efforts with the team at Pipe Lining Supply. Both organizations share a common mission to provide innovations our customers need, and we look forward to continuing to serve our installer partners together,” said Harley Kaplan, Waterline Renewal Technologies CEO. “The acquisition is consistent with our strategy and will further reinforce our position as a major player in the growing trenchless pipeline rehabilitation market as we revolutionize the way plumbers and drain cleaners work through our product and service offerings.”
Pipe Lining Supply’s management team will continue to manage the company and assist Waterline Renewal Technologies with the successful integration. Pipe Lining Supply will maintain company-owned distribution centers in Anaheim, California, and Springfield, Missouri.
Pipe Lining Supply joins APM, LMK Technologies, Perma-Liner Industries and LightRay in the Waterline Renewal Technologies portfolio of brands. All of which provide engineered products used in trenchless repair and rehabilitation of wastewater and stormwater infrastructure for municipal, commercial, industrial and residential applications.
SOURCE – Waterline Renewal Technologies