Sun Capital Partners Affiliate Acquires Environmental Infrastructure Solutions, Leading Provider of Abatement, Decontamination and Remediation Services from O2 Investment Partners
Summary
BOCA RATON, Fla.--(BUSINESS WIRE)--Sun Capital Partners, Inc. (“Sun Capital”), a leading private investment firm focused on defensible businesses in growing markets with tangible improvement opportunities, today announced that an affiliate has completed the acquisition of Environmental Infrastructure Solutions (“EIS” or “the Company”), a leading provider of mission-critical environmental and infrastructure services, including abatement, decontamination and remediation, from O2 Investment Partners. As a trusted partner to many blue-chip customers, EIS has maintained exceptional service delivery and a focus on safety, resulting in a net promoter score 30% above the industry average. “ We see a great opportunity to help EIS accelerate its growth, given the increasing demands of the regulatory environment and the historical underinvestment in infrastructure in the U.S.,” added Jared Wien, Managing Director at Sun Capital. “ With more and more focus being applied to public health and safety, EIS is attractively positioned in the most important areas of a large and rapidly growing market, and we are eager to help them realize their full potential.” “ We are extremely pleased at the progress that EIS has made since we invested in 2018, and are confident that Sun Capital will bring the expertise and additional resources required to support the company’s impressive growth and delivery of world class solutions,” added Luke Plumpton, Partner at O2 Investments. O2 Investment Partners is a Midwest-based private equity firm that seeks to acquire majority interests in lower middle market B2B services, technology, and select niche industrial companies.