Aquilex

Deer Park, United States Founded: 1938 • Age: 88 yrs Acquired By Ontario Teachers' Pension Plan
Industrial cleaning and maintenance solutions are provided to energy sectors.

About Aquilex

Aquilex is a company based in Deer Park (United States) founded in 1938, and was acquired by Ontario Teachers' Pension Plan in October 2008. Industrial cleaning and maintenance solutions are provided to energy sectors. Aquilex has completed 1 acquisition, including HydroChemPSC.

Company details

Aquilex was founded in 1938 and is based in Deer Park, United States. Maintenance, repair, overhaul, and industrial cleaning solutions are delivered to the energy industry across the United States and Europe. Services include hydroblasting, hydrocutting, chemical cleaning, catalyst handling, sewer system maintenance, offshore support for oil rigs, and specialty pumping. Clients from nuclear, fossil power, refinery, petrochemical, pulp and paper, and other process industries are served.

Key Metrics

Funding Insights of Aquilex

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of Aquilex with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2008Private Equity Round–Kelso & Company
–
Valuation history

3 investors in total: 3 institutional.

Investors in Aquilex

Aquilex has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Ontario Teachers' Pension Plan, Kelso & Company and Harvest Partners.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Private equity investments are directed toward multiple sectors.
kelso.comNew York, United States
Harvest Partners is engaged in alternative investment strategies.
harvestpartners.com
Pension funds focused on multiple sectors
1990otpp.comToronto, Canada
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Investor details for Aquilex

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Aquilex

Aquilex has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include HydroChemPSC.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Facilities management and engineering services are provided to industrial clients.
hydrochempsc.comDeer Park, United States1977May 2007β€’β€’β€’β€’
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Complete acquisition details for Aquilex

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of Aquilex

5 dated milestones of Aquilex across 70 years, from founding to its latest funding, stage changes and deals.

  1. Founded Aquilex is founded.
  2. Exit Acquired by Harvest Partners.
  3. Acquisition Acquires HydroChemPSC.
  4. Funding First funding round.
  5. Exit Acquired by Ontario Teachers' Pension Plan.
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Frequently Asked Questions about Aquilex

Aquilex was founded in 1938 and raised its 1st funding round 70 years after it was founded.

Aquilex is headquartered in Deer Park, United States.

Aquilex was founded in 1938 and is based in Deer Park, United States. Maintenance, repair, overhaul, and industrial cleaning solutions are delivered to the energy industry across the United States and Europe. Services include hydroblasting, hydrocutting, chemical cleaning, catalyst handling, sewer system maintenance, offshore support for oil rigs, and specialty pumping. Clients from nuclear, fossil power, refinery, petrochemical, pulp and paper, and other process industries are served.

Aquilex has made 1 acquisition, including HydroChemPSC.

Aquilex has 3 investors. Key investors include Ontario Teachers' Pension Plan, Kelso & Company, and Harvest Partners.

Yes. Aquilex was acquired by Ontario Teachers' Pension Plan in October 2008.

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