Private equity firm Wind Point Partners has entered into a definitive agreement to sell Valicor Environmental Services, a provider of non-hazardous wastewater treatment services in North America, to Pritzker Private Capital.
Based in Monroe, Ohio, Valicor provides non-hazardous wastewater treatment services to more than 5000 customers throughout North America.
Wind Point acquired Valicor in June 2017 in partnership with existing management and industry veteran James Devlin, who joined the company as CEO. Under Wind Point, Valicor’s revenue approximately doubled and margins increased through a combination of organic growth, four complementary acquisitions, and various operational initiatives.
“When we acquired Valicor with James, we worked together to identify several actionable opportunities for growth and value creation,” said Konrad Salaber, managing director at Wind Point. “James proved to be an excellent fit to lead the business and he and his team did an outstanding job executing our value creation plan.”
CEO James Devlin and the rest of the Valicor management team will continue to lead the business under Pritzker Private Capital ownership.