Graham Partners Makes It Look Ez
June 1st, 2009
PHILADELPHIA, June 1, 2009 – Infiltrator Systems, Inc., a portfolio company of Graham Partners, has acquired Ring Industrial Group, L.P., the manufacturer of EZflow™ expanded polystyrene drainfield systems. Graham Partners, a leading private equity firm focused on investing in mid-sized manufacturing companies, initially acquired Infiltrator in September 2005. The addition of the EZflow™ product line is part of Infiltrator’s strategy of offering innovative and high quality wastewater management products. Infiltrator offers a broad family of products that save septic installation professionals time and money.
Rob Newbold, a Managing Principal at Graham Partners, stated, “We have a long history of backing water management companies at Graham Partners, and we believe the increased attention being focused on this critical natural resource bodes well for our investments serving the water industry. In particular, Infiltrator has considerable potential to further develop wastewater management products that offer compelling features and benefits customers and end-users, which are environmentally favorable.”
“Graham Partners has been an excellent investment partner – their financial and strategic support has enabled us to pursue this exciting opportunity,” says Roy Moore, President and CEO of Infiltrator Systems. “Over the next several months, Infiltrator and EZflow™ will integrate resources to generate substantial cost synergies while continuing to maintain and exceed the service needs of our combined customers.”
EZflow™ products are well established in the onsite industry with over 18 years of success and installations in 36 states and provinces. EZflow™ polystyrene aggregate systems are engineered for optimal absorption efficiency in the disposal of effluent. Modular, bundled configurations make for fast, easy installations in septic leach fields and drainage applications. Manufactured from recycled materials rather than energy-intensive mined natural resources, EZflow™ is an excellent addition to Infiltrator’s suite of green products.
With the addition of EZflow™, Infiltrator is the largest septic products company in the onsite industry with a combined 2.5 million systems installed across North America over the last 22 years. Based in Old Saybrook, Connecticut, Infiltrator has developed a reputation for offering innovative products that meet increasingly stringent environmental and regulatory requirements for onsite wastewater treatment systems.
About Infiltrator (www.infiltratorsystems.com): Headquartered in Old Saybrook, Connecticut, Infiltrator Systems, Inc. is the largest manufacturer of plastic chambers for onsite wastewater management systems in the septic leachfield and stormwater industries. The Company’s flagship products are large, plastic, arch-shaped chambers that are joined together in excavated trenches to provide the means for septic tank effluent to leach into the soil and stormwater runoff to be retained or detained. Infiltrator also produces septic tanks, control panels, and septic remediation units. The Company supplies installers (contractors) through a network of distributors throughout North America, and markets its stormwater products through its joint venture business, Stormtech.
About Graham Partners (www.grahampartners.net): Graham Partners is a leading, lower middle market industrial private equity firm based in suburban Philadelphia with over $1.5 billion under management. Graham Partners is sponsored by the privately held Graham Group of York, Pennsylvania, an industrial and investment concern with global interests in plastics, packaging, machinery, building products and outsource manufacturing. Graham Partners seeks to acquire industrial companies with revenues between $30 million and $500 million that participate in manufacturing niches where it can leverage its unique combination of operating resources and financial expertise.
FOR FURTHER INFORMATION CONTACT:
Rob Newbold (email@example.com)
Christina Morin (firstname.lastname@example.org)
Tel: (610) 408-0500 / Fax: (610) 408-0600