National Response Corporation (NRC), a portfolio company of J.F. Lehman & Company, has acquired Water Truck Services. This is the eight add-on acquisition completed by NRC since being acquired by J.F. Lehman in 2012.
Water Truck Services (WTS) is a provider of waste management and environmental services to companies and municipalities located in the Pacific Northwest. “WTS signifies the latest strategic addition to NRC’s environmental services offering and strengthens our capabilities in the Pacific Northwest,” said Paul Taveira, CEO of NRC.
National Response Corporation (NRC) is a provider of environmental, emergency response, and industrial services, including industrial cleaning and maintenance, HAZMAT emergency response, oil spill response and cleanup, industrial firefighting and rescue, waste management, site remediation, and abatement. NRC is the largest commercial oil spill response organization in the US and has operations worldwide. The company has approximately 1,200 employees and is headquartered on Long Island in Great River, NY with regional offices throughout the US and internationally (www.nrcc.com).
“NRC continues to demonstrate strong growth by expanding its specialized service offering since our acquisition of the company in 2012. WTS is another successful step in executing this element of NRC’s strategy,” said Alex Harman, Partner at J.F. Lehman & Company.
J.F. Lehman & Company is a middle-market private equity firm focused primarily on the maritime, defense, and aerospace sectors. The firm was founded by Dr. John Lehman, who served six years as Secretary of the United States Navy. To date, J.F. Lehman has made investments in companies with an aggregate transaction value of approximately $1.6 billion. The firm was founded in 1992 and is headquartered in New York with an additional office in Washington, DC (www.jflpartners.com).
Water Truck Services is headquartered in Sherwood, OR (no website found).
© 2017 Private Equity Professional | January 10, 2017
