SES Enhances Operations with Acquisition of Hydroblasters Inc.
Superior Environmental Solutions (SES), a frontrunner in offering important environmental and industrial services, has recently acquired Hydroblasters Inc. This important move is part of SES’s strategy to broaden its operational base and solidify its presence in various markets, particularly in the Midwest region.
What Hydroblasters Brings to SES
Founded in 1995 and located in Wisconsin Rapids, Hydroblasters specializes in a range of essential industrial services, such as hydroblasting and vacuum services. These services align closely with SES's mission-critical offerings and enhance its capabilities in regions such as Wisconsin, Michigan, and Minnesota.
Current Operations and Workforce
SES boasts a robust workforce nearly 1,000 strong, operating over 64 facilities across 14 states. The company provides a wide array of solutions including hydroblasting, vacuum trucking, waste management, product destruction, and tank cleaning services. SES caters to over 1,100 customer locations across essential sectors such as agriculture, food processing, chemicals, and automotive, establishing itself as a versatile service provider.
Leadership Insights on the Acquisition
John Stevens, SES's CEO, expressed his enthusiasm about incorporating Hydroblasters into their operations. He emphasized the value Hydroblasters will bring to their team and the potential for broadening SES’s capabilities in core markets.
Rod Marquette, President of Hydroblasters, noted that aligning with SES positions his company for tremendous growth and opportunities. He is excited about the collaboration with SES and its private equity underwriter.
Scott Kirschner from Palladium commented on the strategic significance of this acquisition, marking it as SES's fourth under Palladium's stewardship in less than two years. The acquisition is set to enhance SES’s stature in the environmental services sector and further drive expansion in the Midwest.
Future Impact and Objectives for SES
This acquisition not only solidifies SES's market leadership but also reflects the ongoing commitment of Palladium Equity Partners to support the growth of SES as a robust player in the environmental services industry. They aim to foster long-term value and enhance operational efficiencies.
About Superior Environmental Solutions
Since its establishment in 1999, SES has been a key provider of non-discretionary environmental and industrial services. The company’s portfolio includes high-pressure water jetting, vacuum services, and technical services that cater to a broad clientele base.
About Palladium Equity Partners
Palladium has made substantial investments in over 240 businesses with a focus on the Hispanic market and founder-led companies, offering numerous opportunities for growth and development in the mid-sized business arena. The firm is dedicated to enhancing the potential of each investment.
Frequently Asked Questions
How will this acquisition benefit SES?
The acquisition of Hydroblasters allows SES to expand its service offerings and deepen its market presence in key states across the Midwest.
What services does Hydroblasters provide?
Hydroblasters specializes in essential industrial services, including hydroblasting and vacuum truck services, complementing SES's existing capabilities.
Who is SES's CEO?
John Stevens is the current CEO of Superior Environmental Solutions.
What is the size of SES's workforce?
SES employs nearly 1,000 individuals across 64 facilities in various states.
What is Palladium's investment strategy?
Palladium focuses on investments in the middle market, particularly in companies led by founders and those with notable M&A opportunities.
