Headwaters advised Centre Partners and Housatonic Partners on their sale of Wind River Environmental LLC (“WRE”), a waste services company based in Hudson, MA, to RFE Investment Partners, a private equity firm based in New Canaan, CT.
“This company is one of the most tightly managed and perfectly aligned organizations I’ve ever worked with,” said Managing Director Doug Usifer of Headwaters’ Industrials Practice. “Everyone from the Board of Directors down to the service technicians work off of the same metrics and goals in their proprietary operating system. WRE’s acquisition of five companies during the sale process is further indicative of the strong platform they’ve created and their prospects moving forward.”
Founder and CEO Philip Seefried of Headwaters elaborated, “We were very proud to represent this company and this management team; Wind River is a highly attractive asset. RFE understood the opportunity to acquire the regional leader in this space, and they will empower the management team at WRE to knock it out of the park.”
“We’d like to thank Headwaters for their incredible advocacy throughout our sale process,” said CEO John O’Connell of WRE. “Their diligence in preparation and ability to deliver on every promise found us the right partner in RFE, who will take us to new heights. We’d also like to thank Centre Partners and Housatonic Partners for supporting us as prior owners in building this business.”
The Wind River Environmental group of companies was founded in 1946 when Denny Currier of Middleton, Massachusetts began servicing local homes from his "honey wagon". Since 1999 the company has merged together some of the best known and most respected names in the industry and now provides brown grease and septic services from Maine to Pennsylvania.
About Wind River Environmental LLC
Wind River Environmental and its affiliated companies service, repair and install a broad array of nonhazardous liquid waste systems including cesspools, septic tanks, grease tanks and industrial waste systems throughout the northeast. We service both residential and commercial systems, providing an unrivaled level of expertise to ensure your systems are maintained well and operate properly. From plumbing and drain cleaning inside your building, to servicing your exterior tanks and caring for your leach field, Wind River Environmental is the right choice for you. At Wind River Environmental, we are extremely proud of our highly skilled team of professionals. All of our 200+ associates are graduates of Wind River University and we have the most state certified systems inspectors in the industry. Wind River Environmental provides around the clock coverage and boasts the largest fleet in the industry. When you have a problem we are where you need us to be. For more information, visit http://www.wrenvironmental.com/.
About RFE Investment Partners
RFE Investment Partners (based in New Canaan, CT), founded in 1979, is a leading private equity firm that has consistently focused its investment activities on companies operating in the lower middle market (less than $100 million of entity value). Currently investing from its eighth committed fund, RFE Investment Partners VIII, RFE seeks to partner with management teams of market leading manufacturing, business service and health care service companies. For more information, visit http://www.rfeip.com/.