Juniper Capital Management Acquires Sewer Rehabilitation Companies

Infrastructure Services Group (ISG), a new investment platform created by Juniper Capital Management, in partnership with ORIX Mezzanine & Private Equity and LionsWing Capital Partners LLC, has acquired Green Mountain Pipeline Services and Mr. Rehab Sewer Systems. Green Mountain and Mr. Sewer provide a broad range of cured-in-place sewer rehabilitation services to municipal and industrial customers in the northeastern U.S., including inspection, cleaning, rehabilitation, spot repair, relining, testing and sealing services for wastewater pipes and manholes.

“We are delighted to team up with this investor group to create a platform for strategic water infrastructure investments, and to have Green Mountain and Mr. Rehab as our first completed deals under this platform,” said Lou Grabowsky, Juniper’s co-founding partner. “Both companies have dynamic leadership teams and have positioned themselves well within the wastewater rehabilitation sector. With ISG’s guidance, and the continued involvement of company management, these companies are poised for strong growth over the coming years.”

Under the terms of the acquisition, Green Mountain and Mr. Rehab will continue operating as standalone subsidiaries, with ISG providing strategic guidance, oversight and support to foster both organic and acquisitive growth.

“The ISG team is pleased not only to have made these initial acquisitions, but also to continue pursuing a focused strategy of evaluating and acquiring complementary companies with similar service offerings in key U.S. regional markets – and helping them grow to meet the tremendous industry-wide demand,” said Tom Barr, CEO of ISG. “There are significant opportunities to achieve operational efficiencies and adopt shared best practices, leveraging the expertise and experience of these well-led, financially strong firms that employ the latest in trenchless technology solutions.”

Green Mountain, based in Bethel, Vt., was founded in 2003 by three industry professionals with over 60 combined years focused on the rehabilitation of water infrastructure assets. Tim Vivian, co-founder of the company, will serve as president.

“Green Mountain prides itself on getting the job done right the first time, with a core focus on service and long-term partnerships,” said Vivian. “That is why the deal with Juniper and its ISG team made so much sense, as they share a similar philosophy of offering practical support while also respecting management’s existing client and vendor relationships and industry know-how. We believe their patient, people-first approach will benefit us and our customers tremendously.”

Mr. Rehab, based in Mechanicsburg, Pa., was founded in 2000, with an executive management team offering decades of experience in sewer cleaning, inspection and rehabilitation services. Jim Clark, company founder, will serve as president.

“This partnership with Juniper and ISG will help us maintain and reinforce our regional brand and historic relationships, while also giving us insights and tools to grow smartly and even better serve our customers,” said Clark. “We are glad to be part of a group that has significant, hands-on experience within the water infrastructure services industry and the desire to empower company management.”

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