Houlihan Lokey Advises Valicor Environmental Services

Houlihan Lokey is pleased to announce that Valicor Environmental Services, LLC (Valicor), a portfolio company of Wind Point Partners, has been acquired by Pritzker Private Capital. The transaction closed on July 24, 2019.

Headquartered in Monroe, Ohio, Valicor provides nonhazardous wastewater treatment services through its network of centralized wastewater treatment facilities and extensive transportation fleet. With 23 facilities and more than 350 employees, Valicor serves over 5,000 customers with a diverse set of wastewater streams that result from the manufacture of industrial and consumer goods. Valicor helps its customers dispose of oily water, leachate, soaps, line flush waste, and similar waste streams, and it also provides a diverse set of landfill solidification and product destruction services. During Wind Point’s two-year ownership period, Valicor’s revenue approximately doubled and margins were increased through a combination of organic growth, four complementary acquisitions, and various operational initiatives. 

Wind Point Partners is a leading Chicago-based private equity investment firm with approximately $2 billion in assets under management. Wind Point focuses on partnering with top caliber management teams to acquire well-positioned middle-market businesses where it can establish a clear path to value creation. The firm targets investments in the consumer products, industrial products, and business services sectors.

Pritzker Private Capital partners with middle-market companies based in North America with leading positions in the manufactured products, services, and healthcare sectors. The firm’s differentiated, long-duration capital base allows for efficient decision-making, broad flexibility with transaction structure and investment horizon, and alignment with all stakeholders.

Houlihan Lokey served as financial advisor to Valicor. This transaction highlights our expertise and continued success advising companies in the environmental services sector and represents our 10th waste services M&A transaction since 2018.