Its North American operations manages facilities that can treat over 900 million gallons of drinking water and wastewater daily. 1633 Broadway, 48th Floor | New York, New York 10019. Management will pursue this through an increased focus on strategic acquisitions and continued investment in capabilities and technologies that deliver more value to customers across core business units: operation and maintenance of water and wastewater systems, management of community infrastructure, and related services. On behalf of PPC and Alston, we wish them all the best for the future.. New York, NY January 14, 2021 New Mountain Capital, LLC (New Mountain), a leading growth-oriented alternative investment firm headquartered in New York, today announced the closing of two new private equity funds, totaling over $10.2 billion in aggregate capital commitments. James Devlin Chief Executive Officer, Inframark James Devlin serves as Chief Executive Officer of Inframark. The investment provides access to capital that enhances Inframark's capacity for growth while maintaining and building on its leadership position in the outsourced water . Inframark is an infrastructure services company focused on operation and maintenance of water and wastewater systems, management of community infrastructure, and back . New Mountains previous flagship fund, Fund V, closed with approximately $6.2 billion of commitments in 2017, and is now fully invested in platform companies, with the remaining capital reserved for follow-on growth investments. Based on the firms last social dashboard (published in March 2020 representing 2019 data), the private equity portfolio companies under New Mountains ownership have added or created over 46,000 jobs net of any job losses and maintained a median income of ~72% above national individual median income. Sparta has over 825,000 individual users overall across more than 30 countries. It also reflects New Mountain Capitals confidence in the firms strong reputation, robust operating model and outstanding approach to service. New Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation. Fund VI and SEF I will continue to pursue New Mountains strategy of emphasizing non-cyclical growth and business building for companies in carefully selected defensive growth industries. We are grateful to the entire leadership team and all the employees of Inframark for the enormous work that has gone into the successes achieved during our ownership. Key events included: We thank our Limited Partners for their friendship and support, particularly during a pandemic and other significant global challenges, said Steven Klinsky, Founder and CEO of New Mountain. The management team will continue to have a meaningful ownership interest alongside New Mountain. Alston Capital Partners is a lower middle-market private equity firm focused on investing in specialty manufacturing, environmental, and technology companies. Terms of the transaction were not disclosed. The investment provides access to capital that enhances Inframarks capacity for growth while maintaining and building on its leadership position in the outsourced water services market. Additional details on New Mountains social responsibility can be found on the website. With its new partnership, Inframark will maintain its multi-faceted growth strategy focused on enhancing its service offering and expanding into new and adjacent markets. Its infrastructure management services group serves 220 clients with financial, administrative and specialized support services. New Mountains credit strategy applies the firm's "defensive growth" investment philosophy to corporate lending opportunities. With more than 40 years of experience in managing water-related infrastructure, the company employs in excess of 1,500 people serving more than 400 clients in 19 states. New Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation. New Mountains Net Lease strategy seeks to acquire operationally critical real estate assets from sponsor-backed companies in defensive growth industries. Under the general guidance of the Project Manager, the ideal candidate will assist with operations and management of the municipal services delivery including water and wastewater management compliance as well as public works administration. Harris Kealey, Managing Director at New Mountain Capital, commented, "We have long admired Aegion, its management team and talented employees, and we believe New Mountain can bring the key . On behalf of PPC and Alston, we wish them all the best for the future.. State University of New York at New Paltz (3) State of Vermont (3) Stellant Systems (3) Structural Group (3) Suffolk Construction (3) Sycuan (3) Systems Planning and Analysis, Inc. (3) TEXAS DEPARTMENT OF LICENSING AND REGULATION (3) TEXAS DEPARTMENT OF PUBLIC SAFETY DEPT 405 (3) TEXAS PARKS & WILDLIFE (3) THE DOE RUN COMPANY (3) TIAA (3 . Were thrilled to enter this new relationship with New Mountain Capital and build on a growth model that has delivered terrific results for our company and our customers to date with substantial long-term tailwinds for the future., Max Alper, Partner and Head of Industrials at PPC commented, We are very proud to have established Inframark as a stand-alone entity three years ago and to have partnered with management during the first stage of the Companys significant growth as an independent business. Inframark is a leading national provider of outsourced operations and maintenance ("O&M") services to water and wastewater treatment facilities for both municipal and industrial customers. Read. New Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation. SEF I also has a strong pipeline of additional investments that the firm is pursuing. <br><br><i>You will</i> train to . The firm currently manages private equity, credit, net lease real estate and public equity funds with over $30 billion in assets under management. This recent activity capped a strong year for New Mountain in 2020. Battery Solutions was founded in 1971 and is based in Howell, Michigan. It also manages more than 7,000 miles of wastewater collection and water distribution networks. Feb 2001 - Aug 201413 years 7 months. New Mountain already owns engineering and construction management firm TRC Companies, although it remains unclear what potential there is for Inframark to make use of TRC's capabilities. In addition, these companies committed $5.3 billion to R&D, software development, and capital expenditures and generated ~$37 billion of enterprise value gains. Battery Solutions is a provider of battery recycling services to corporations, governments, municipalities, and households. Inframark, LLC, is delighted to announce that it has partnered with New Mountain Capital, a top growth-oriented financial investment firm with $28 billion in property beneath administration. New Mountain Capital is a private investment firm focused on investment in public and private companies in a variety of industries. New Mountain has acquired its interest in Inframark from PPC Enterprises LLC (PPC) and Alston Capital Partners LLC (Alston). Its North American operations manages facilities that can treat over 900 million gallons of drinking water and wastewater daily. With experience spanning more than 40 years, Inframark provides overall management of water and wastewater systems in 19 states. HORSHAM, PA and NEW YORK December 21, 2020 Inframark, LLC, is pleased to announce that it has partnered with New Mountain Capital, a leading growth-oriented investment firm with $28 billion in assets under management. New Partnership Enables Water Services Firm to Expand Service Offerings, Enter Adjacent Markets, and Pursue Acquisition Opportunities. New Mountain Capital, LLC, together with its affiliates (New Mountain), manages private equity, credit and net lease capital with aggregate assets under management totaling more than $37 billion. #Breakingnews: Inframark Partners with New Mountain Capital for Next Phase of Growth. New Mountain has acquired its interest in Inframark from PPC Enterprises LLC (PPC) and Alston Capital Partners LLC (Alston). For more information, visit www.newmountaincapital.com. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. Bouclair was founded in 1970 and is based in Pointe-Claire, Quebec. 1 . Cytel was founded in 1987 and is based in Waltham, Massachusetts. New Mountain seeks out what it believes to be the highest quality growth leaders in carefully selected industry sectors and then works intensively with management to build the value of these companies. This is New Mountain Capitals 66th transaction in the United States. The firm currently manages private equity, public equity, and credit funds with over $30B in assets under management. Inframark, LLC (www.inframark.com) is a standalone American infrastructure services company focused on operation and maintenance of water and wastewater systems, management of community infrastructure, and back-office services. With its new partnership, Inframark will maintain its multi-faceted growth strategy focused on enhancing its service offering and expanding into new and adjacent markets. Terms of the transaction were not disclosed. Nothing presented herein is intended to constitute investment advice, and no investment decision should be made based on any information provided herein. From delivering clean, quality drinking water to safely treating wastewater in compliance with stringent environmental regulations, our partners rely on us to get the water right. Salary range: $85-$100k depending on level of experience. Inframark, LLC, is pleased to announce that it has partnered with New Mountain Capital, a leading growth-oriented investment firm with $28 billion in assets under management. Bouclair products are now available in-store and online, providing equal shopping opportunities for every Canadian at all times and during Friends and Family promotion. Dana Gorman / Claire WalshAbernathy MacGregor212-371-5999[emailprotected] / [emailprotected], New Mountain Capital Completes $10.2 Billion of Private Equity Fundraising in 2020, 1633 Broadway, 48th Floor | New York, New York 10019. Over $20B of these sales come from our market-leading interconnected customer experiences, which combine cutting edge ecommerce capabilities with trusted value of our 2,000+ stores and .