Mergers & Acquisitions

WRM Companies Acquired by Ridgewood Infrastructure

5916 WRM NT

M&A Engagement Overview

Industry Groups: Energy, Power & Infrastructure, Business Services
Areas of Focus: Environmental Services; Commercial & Industrial Services 


Harris Williams advised WRM Companies, a portfolio company of NGP Energy Technology Partners, on their sale to Ridgewood Infrastructure. 

WRM's vertically integrated operations, difficult-to-obtain permits, and regulation-driven recurring service model make the company a leader in the liquid waste management space. That, combined with WRM's diverse customer base and route-based, recurring model, made the company especially appealing to investors.

WRM is a mission-critical provider of liquids and wastewater collection, treatment, and disposal serving the commercial and industrial market.

Liquid waste management is a regulation-driven, ESG-conscious, and relatively low-cost service that is integral to a wide variety of attractive end markets. WRM excelled under NGP ETP's ownership, and the company shares Ridgewood's commitment to operational excellence and sustainability. WRM is well positioned to succeed in their next phase of growth due to the company's strong track record and highly experienced management team and Ridgewood's deep experience investing in U.S. water sector infrastructure.

Contact the Harris Williams Energy, Power & Infrastructure Group or Business Services Group to learn more about this transaction. 

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