Expands Valicor’s Wastewater Treatment and Recycling Platform in Texas and Arkansas
Monroe, Ohio – December 13, 2021 – Valicor Environmental Services (“Valicor”), North America’s largest provider of non-hazardous wastewater treatment and recycling services, today announced it has acquired ASI Environmental Services (“ASI”). With this acquisition, Valicor further expands its network of processing facilities in Texas and establishes a foothold in the Arkansas market.
Based in Texarkana, Tex., ASI provides a comprehensive suite of environmentally-focused non-hazardous wastewater treatment services, including wastewater disposal, vacuum truck services and fuel processing services. The Company operates one full-service centralized wastewater treatment (“CWT”) facility in Texarkana and two waste transfer facilities in Texas and Arkansas. With the addition of ASI, Valicor now operates 25 facilities across 14 states and recycles more than 300 million gallons of wastewater annually.
Steve Hopper, CEO of Valicor, said, “We are pleased to partner with ASI as we expand our leading network of wastewater treatment facilities in Texas and Arkansas. Together with ASI’s talented team, we will be able to better service ASI’s customers and expand our coverage area for existing Valicor customers.”
“Valicor continues its expansion as we strive to build a nationwide footprint,” said Bill Hinton, Senior Advisor of Corporate Development at Valicor. “We’ve known Richard for years and believe that ASI’s commitment to sustainability-focused wastewater processing is a great fit with Valicor.”
Richard Norton, Founder and CEO of ASI Environmental Services, added, “We believe that Valicor is the right partner for ASI’s next chapter of growth. Our companies share a strong commitment to environmental stewardship and both teams are guided by our customer-centric approach. We are confident that our partnership with Valicor will provide even greater value for our customers.”
Valicor is part of the Pritzker Private Capital family of companies. Valicor’s acquisition strategy focuses on acquiring CWT facilities and other providers of environmental services, including solidification, waste-to-energy, product destruction and related services.
Anthony Cardona, Principal at Pritzker Private Capital, commented, “ASI is a highly strategic addition for Valicor. With ASI’s team and facilities, Valicor strengthens its service offering to our customers and reaches a growing customer base in Texas and Arkansas. We look forward to welcoming ASI and its team to the Valicor and Pritzker Private Capital families.”
Valicor is the largest provider of non-hazardous wastewater treatment services in North America. Leveraging its extensive fleet of tankers and a network of strategically located centralized wastewater treatment (“CWT”) facilities, the Company transports and processes a diverse set of wastewater streams that result from the manufacture of industrial and consumer goods. The Company’s mission-critical services allow customers to meet federal, state, and local regulations by safely and responsibly disposing of oily water, leachate, soaps, line flush waste, and similar waste streams and it also provides a diverse set of landfill solidification, product destruction, and retail oil services. As an ISO 14001 certified organization, Valicor takes great pride in its environmental compliance process.
About ASI Environmental Services
ASI Environmental Services (ASI) is a leading provider of non-hazardous wastewater treatment services. Based in Texarkana, Texas, the company operates one CWT facility, two additional transfer facilities in Little Rock and Dallas and employs 28 employees. ASI is the environmental services company that industry has come to rely on for all their non-hazardous liquid waste needs. ASI provides quality products and services that help ensure the safety of your workforce, your customers and your environment. For more information, visit asicompanies.com
About Pritzker Private Capital
Pritzker Private Capital partners with middle-market companies based in North America with leading positions in the manufactured products, services and healthcare sectors. The firm’s differentiated, long-duration capital base allows for efficient decision-making, broad flexibility with transaction structure and investment horizon, and alignment with all stakeholders. Pritzker Private Capital builds businesses for the long term and is an ideal partner for entrepreneur-and family-owned companies. Pritzker Private Capital is a signatory to the United Nations Principles for Responsible Investment (PRI). For more information, visit PPCPartners.com.
Dan Scorpio, Abernathy MacGregor