Superior Environmental Solutions, a leading provider of comprehensive, vertically integrated environmental and industrial services and a portfolio company of Palladium Equity Partners, LLC, announced that it has acquired American Remediation & Environmental, Inc. The acquisition, SES鈥檚 largest to date, expands the company鈥檚 operations into Alabama, Mississippi, and Louisiana, broadening its geographic reach and further expanding SES鈥檚 position as a leading provider of environmental and industrial services with 13 locations primarily in the Southeast and Midwest states.
Founded in 2003, American Environmental, headquartered in Mobile, AL, is a mission critical industrial services, tank maintenance, and environmental services company serving a blue-chip customer base. American Environmental operates in highly technical end markets including chemical, steel, refining and midstream, and other industries. The company鈥檚 unique robotic tank cleaning is highly complementary to SES鈥檚 existing suite of automated equipment. American Environmental employs approximately 180 people.
Including this acquisition, SES has over 900 employees operating from over 44 facilities located in Ohio, Kentucky, Indiana, Illinois, Michigan, Wisconsin, Iowa, Virginia, Tennessee, North Carolina, Alabama, Mississippi, and California. Its offerings include a broad range of environmental and industrial capabilities, such as emergency response, hydro blasting and vacuum truck services, to more than 1,400+ regional customers in end markets including agriculture, food processing, metals, utilities, automotive, refining and chemicals.
John Stevens, Chief Executive Officer of SES, added, 鈥淭his strategic acquisition, our largest to date, is highly complementary to SES. It provides a strong foundation for growth in the Southeast and unlocks additional capabilities to better service our customers. We look forward to welcoming Hunter George, their talented management team, dedicated employees and customers to SES.鈥�
Hunter George, President and Founder of American Environmental, said: 鈥淲e are very excited to align with SES, one of the fastest-growing, highly regarded environmental and industrial services companies in the U.S., backed by private equity sponsor Palladium, which brings decades of experience investing in founder-owned businesses. This combination will serve the best interests of our valued employees and customers as we look to the future.鈥�
Scott Kirschner, Principal at Palladium Equity Partners, commented: “American Environmental represents a strong acquisition for SES providing immediate scale in the greater Southeastern market, which SES has been targeting for some time. We are pleased to back this acquisition, which advances SES鈥檚 growth potential as a leader in environmental and industrial services.”
Daniel Ilundain, President of Palladium, added, 鈥淲e are pleased to support SES鈥檚 acquisition of American Environmental. This is an exciting milestone for SES and a great example of how Palladium partners with founder owned businesses and optimizes growth through operational excellence and strategic M&A.鈥�