Valicor Environmental Services Acquires Water Depot
Acquisition enhances Valicor’s service offering in the Mid-Atlantic region
MONROE, Ohio, Sept 8, 2020 – Valicor Environmental Services (“Valicor”), one of North America’s largest providers of non-hazardous wastewater treatment services, today announced it has acquired Water Depot, expanding its leading network of wastewater processing facilities in the Mid-Atlantic region.
Water Depot operates a full-service centralized wastewater treatment (“CWT”) in Westminster, Carroll County, Maryland. Water Depot specializes in treating non-hazardous petroleum-contaminated water to both government and private sector clients along the East Coast.
“We are excited to add the Westminster facility to our expanding network of CWTs across the US,” said Bill Hinton, Chief Commercial Officer of Valicor. “Valicor continues to expand in both new and existing geographies in order to better serve its customers. Our new Westminster location will play a key role as we increase our service in the Mid-Atlantic and we are thrilled to welcome the Water Depot team to the Valicor family.”
Valicor is owned by Pritzker Private Capital, which partnered with management in July 2019. Valicor’s acquisition strategy focuses on acquiring operators of CWT facilities and other providers of waste management and environmental services, including materials recycling, used oil processing, product destruction, landfill solidification, and related services.
Ryan Roberts, Investment Partner with Pritzker Private Capital, commented, “We welcome Water Depot to the Valicor and Pritzker Private Capital families. With this acquisition, Valicor will expand their service area in the Mid-Atlantic. We enthusiastically support Bill and the entire Valicor team as they continue to build Valicor’s national network and service offering to better serve its customers nationwide.”