RECENT RELEASESAquilex Corporation
Aquilex Corporation (“Aquilex”) was a leading global provider of critical maintenance, repair and industrial cleaning solutions to the energy industry. Aquilex’s customer base included leading global operators in the nuclear, fossil power, refinery/ petrochemical, pulp and paper and other process industries.
Harvest Partners Investment
In January 2007, Harvest purchased Aquilex with the existing management team. To fund the acquisition Harvest arranged the debt financing, which included a senior credit facility and a mezzanine note. In addition, Harvest arranged equity co-investment capital for the transaction. Harvest sold its investment in Aquilex to Ontario Teachers’ Pension Plan in December 2008.
- Market leading position
- Compelling value proposition
- Highly favorable industry trends
- Strong, experienced management team
- Acquisition potential