Wind River Environmental Increases Geographical Footprint in Florida with the Acquisition of Metro-Rooter in JacksonvilleMarlborough, MA and Jacksonville, FL – December 13, 2017 —
Wind River Environmental (“Wind River”) the nation’s largest full-service liquid waste management service provider, announced today that it has acquired Metro-Rooter, (“The Company”) to increase its service delivery capabilities in Florida.
Metro-Rooter and its predecessor companies were founded in 1978 in Jacksonville, Fl. with a focus on water and wastewater treatment plant operations. They have expanded their service offerings to include plumbing contracting, lift station operations and repair, grease pumping services, septic and drain field installations, industrial pipe cleaning and video services.
Metro-Rooter will provide Wind River with a strong foundation in the Northeastern Florida region.
John O’Connell, Wind River’s CEO, stated, “I’m extremely happy to welcome Tom McLaughlin and the Metro-Rooter team into the Wind River group of companies. Metro-Rooter represents an important expansion for us into Northeast Florida. We look forward to building upon Metro Rooter’s impressive growth record and commitment to excellent customer service.”
Tom McLaughlin, President of Metro-Rooter stated “I’m thrilled to have the opportunity to partner with John O’Connell and the Wind River team. What impressed me most was they shared our core values including our commitment to safety, customer service and integrity. I look forward to assisting them in growing their presence in Florida”.
About Wind River
Headquartered in Marlborough, Massachusetts, Wind River Environmental (www.wrenvironmental.com)and its affiliated companies inspect, service, repair, and install a broad array of non-hazardous liquid waste systems, including septic tanks, grease traps, pumping, and industrial waste systems. The company offers a full array of services to residential, commercial, and municipal systems. In 2016, the company serviced more than 25,000 commercial and 52,000 residential sites. Operating from Maine to Florida, Wind River has over 600 team members all of whom are graduates of Wind River University including over 350 highly trained technicians.
About Gryphon Investors
Based in San Francisco, Gryphon Investors (www.gryphoninvestors.com) is a leading private equity firm focused on profitably growing and competitively enhancing middle-market companies in partnership with experienced management. For 20 consecutive quarters, Gryphon has been ranked in Preqin’s prestigious quarterly PE report as one of North America’s top-decile buyout firms based on consistency of strong investment returns. Managing over $2.6 billion of equity investments and capital since 1997, the firm has an extensive track record of leading equity investments of $50 million to $200 million per portfolio company with sales ranging from approximately $100 million to $500 million. Gryphon prioritizes investment opportunities where it can form proactive partnerships with owners and executives to build leading companies, utilizing Gryphon’s capital, specialized professional resources, and operational expertise. Gryphon closed its fourth private equity buyout fund, Gryphon IV, in November 2016 at $1.1 billion, and raised a $100 million captive mezzanine fund, Gryphon Mezzanine Partners, L.P., in August 2017.
- Samantha Kelley
- Wind River Environmental