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Aegion Announces Acquisition Of C&L Water Solutions, Inc.

Sep 14, 2023about 2 years ago

Acquiring Company

Aegion Corporation

Acquired Company

C&L Water Solutions

St. LouisConstructionWater PurificationWater

Description

Aegion Corporation, the leader in infrastructure maintenance, rehabilitation and technology-enabled water solutions, today announced the acquisition of C&L Water Solutions, Inc., a full-service trenchless pipeline rehabilitation service provider in Colorado. C&L Water Solutions plans to operate under its current company name in the near term.

Company Information

Company

Aegion Corporation

Location

St. Louis, Missouri, United States

About

Aegion’s market-leading expertise uses technology-enabled water solutions to strengthen, rehabilitate and maintain infrastructure around the world. Since 1971, Aegion companies have pioneered solutions for aging water and wastewater infrastructure. Now and always, Aegion is committed to Stronger. Safer. Infrastructure.®

FundzWatch™ Score

88
High M&A Activity

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed