Inland Pipe Rehabilitation Announces Acquisition of Murphy Pipeline Contractors
(UC) — Inland Pipe Rehabilitation has completed the acquisition of Murphy Pipeline Contractors.
Founded in 1973, IPR is a provider of trenchless pipe rehabilitation solutions and technology to the municipal wastewater and storm water markets.
Murphy Pipeline Contractors provides trenchless rehabilitation solutions for the municipal potable water and wastewater markets.
"We are excited to partner with the Murphy team and provide our customers with a combined set of capabilities unmatched across our industry,” said Rob McCrae, Chief Executive Officer of IPR. “The business is highly-complementary to our existing operations, and we are excited to welcome the Murphy team to IPR."
Shearman & Sterling and Jones Day provided legal counsel to IPR and JFLCO. BDO Capital Advisors served as exclusive financial advisor to Murphy Pipeline Contractors.
Related News
From Archive
- Tunnel boring machine ‘Clack-A-Mole’ nears one-third completion in Oregon outfall project
- Texas A&M weighs underground transit plan with Elon Musk's Boring Co. to reduce campus traffic
- Lynchburg, Va., breaks ground on largest-ever Blackwater CSO tunnel project
- Wyo-Ben’s Max Gel, Max Bore HDD system boost drilling efficiency, performance
- Federal court halts permits for 32-mile Tennessee gas pipeline project
- Wisconsin proposes new PFAS drinking water standards to align with federal rules
- Elgin, Ill., joins EPA drinking water initiative to accelerate lead pipe replacement
- Dog River pipeline replacement in Oregon improves water supply with new HDPE pipe
- Leaking wastewater systems named top source of San Diego River contamination, study finds
- New Portable Welding System From Miller
Comments