Aegion
Aegion is the largest player in the trenchless water pipe rehabilitation space. Leveraging its scale, vertical integration, and long-standing reputation as a high-quality service provider, the Company provides services and products primarily to municipalities across North America who have substantial need to repair and maintain an aged base of water pipelines. CIPP technology offers a compelling value proposition to customers as it is more economical and less disruptive than traditional open-cut (rip & replace) methodologies.
New Mountain identified Aegion as part of its multi-year deep-dive sector initiatives in infrastructure & utility services, which include a specific focus on water services.