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Financial terms were not disclosed.
January 21, 2024
By: Rachel Klemovitch
Voyager Interests private equity firm has acquired Aegion Coating Services (ACS) from the Aegion Voyager’s investments specialize in the energy services and equipment sector. Corporation. Financial terms were not disclosed. ACS was founded in 1979 and is the global leader in field joint coating services using proprietary robotic tools that apply protective coatings to external and internal segments of potable water, saltwater, natural gas, and crude oil pipelines. The company serves the Middle East, South America, Asia, and other locations. “We are very impressed with ACS’ 300+ employees, technology, market reputation and global outreach, and believe that Voyager’s resources and relationships can help fuel ACS management’s growth plans. ACS has a proven track record of excellence in the industry for more than 40 years. We are thrilled to welcome them into the Voyager family and are confident that, together, we will achieve new heights of success,” said Voyager partner Robert Trainer. President of ACS, Bryan Kirchmer commented, “This partnership with Voyager presents an exciting new chapter for ACS, where we have access to capital and a growth mindset that will enable us to provide an enhanced service to our customers.” “On behalf of Aegion, I would like to thank the ACS team for their hard work and dedication over the years. Although the ACS team will be missed, we are confident that the partnership with Voyager will benefit ACS over the long-term,” said Aegion president and CEO Rob Tullman.
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