Infra Pipe Solutions Sold by Wynnchurch Capital
Deal News | Dec 03, 2024 | Wynnchurch Capital
Wynnchurch Capital, a prominent middle-market private equity firm, has announced the sale of Infra Pipe Solutions (IPS), a leading manufacturer of large diameter High Density Polyethylene (HDPE) pipe and structures headquartered in Mississauga, Ontario. Infra Pipe Solutions has evolved significantly through both organic growth and strategic acquisitions under Wynnchurch's ownership, expanding its reach and capacity across North America. The sale marks another successful corporate carve-out for Wynnchurch, which has a history of investing in these situations. IPS, noted for its market-leading services and technical expertise, benefitted from Wynnchurch's operational acumen to drive improvements and manage strategic acquisitions. Legal and financial advisory roles were fulfilled by Perkins Coie LLP, Blake, Cassels & Graydon LLP, RBC Capital Markets, and William Blair & Co. Wynnchurch remains focused on further corporate developments and investments in sectors with substantial growth potential.
Sectors
- Private Equity
- Manufacturing
- Infrastructure
Geography
- Canada – Infra Pipe Solutions is headquartered in Mississauga, Ontario, Canada and has operations across Canada.
- United States – Wynnchurch Capital is based in Rosemont, Illinois, in the United States, and IPS expands its operations across both Canada and the US.
Industry
- Private Equity – The article centers on Wynnchurch Capital, a private equity firm, focusing on its investment strategy and execution of a significant exit.
- Manufacturing – Infra Pipe Solutions, the target company, operates within the manufacturing industry, specifically in the production of HDPE pipes.
- Infrastructure – IPS is involved in manufacturing infrastructure components, contributing to infrastructure development across North America.
Financials
- $9.2 billion – Wynnchurch Capital's regulatory assets under management.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Wynnchurch Capital | Private Equity Firm | Company | A leading middle-market private equity firm focusing on growth, recapitalizations, and corporate carve-outs. |
| Infra Pipe Solutions | Target Company | Company | A leading manufacturer of HDPE pipe, with a significant market presence in North America. |
| Chris O'Brien | Managing Partner | Person | Managing Partner at Wynnchurch Capital, involved in the strategic direction and investments of the firm. |
| Brian Crumbaugh | Partner | Person | Partner at Wynnchurch Capital, contributing to investment strategies and execution. |
| Bill Donaldson | CEO | Person | CEO of Infra Pipe Solutions. |
| Perkins Coie LLP | Legal Advisor | Company | Provided legal advisory services to Wynnchurch Capital. |
| Blake, Cassels & Graydon LLP | Legal Advisor | Company | Provided legal advisory services to Wynnchurch Capital. |
| RBC Capital Markets | Financial Advisor | Company | Provided financial advisory services to Wynnchurch Capital. |
| William Blair & Co. | Financial Advisor | Company | Provided financial advisory services to Wynnchurch Capital. |