Valicor acquires Clean Water Environmental

Valicor Environmental Services, a leading North American provider of non-hazardous wastewater treatment and recycling services, has announced it has acquired Clean Water Environmental (CWE), a leading provider of wastewater treatment and recycling services, from Hunting Dog Capital, a San Francisco-based private debt fund that has owned CWE since 2017. With this acquisition, Valicor expands its footprint in Ohio and broadens its offering of environmentally responsible wastewater treatment and solidification services.  

Based in Dayton, Ohio, CWE’s two state-of-the-art centralized waste treatment (CWT) facilities provide customers with comprehensive sustainable waste treatment and management services. CWE facilities process and recycle approximately 25 million gallons of wastewater annually. With the addition of CWE, Valicor now operates 29 facilities across 14 states and recycles more than 300 million gallons of wastewater annually.  

“We are pleased to partner with CWE as we continue to expand our national platform of sustainable wastewater treatment offerings for our customers,” Valicor CEO Steve Hopper says. “With the addition of CWE’s advanced waste treatment capabilities, Valicor will strengthen our commitment to serve our customers and communities with environmentally responsible waste treatment practices.”  

Leveraging its fleet of tankers and a network of strategically located, centralized wastewater treatment facilities, Valicor, Monroe, Ohio, transports and processes a diverse set of wastewater streams that results from the manufacture of industrial and consumer goods. The company’s mission-critical services allow customers to meet federal, state and local regulations by safely disposing of oily water, leachate, soaps, line flush waste and similar waste streams, and it also provides a diverse set of landfill solidification, product destruction and retail oil services.

“A partnership with Valicor is the ideal next step for our company’s growth and development,” CWE CEO John Staton says. “Valicor’s leadership team shares our longstanding commitment to technological innovation and responsible wastewater treatment, and together we will provide high quality services for our customers. We are excited to enter this new chapter with the Valicor team.”  

Valicor is part of the Chicago-based Pritzker Private Capital family of companies. Valicor’s acquisition strategy focuses on acquiring CWT facilities and other providers of environmental services, including solidification, waste-to-energy, product destruction and related services.

“CWE is a highly strategic partnership for Valicor,” Pritzker Private Capital Vice President Ben Barry says. “The addition of the CWE team and the company’s differentiated technology will further Valicor’s commitment to environmental stewardship and strengthen its service offering in Ohio and the surrounding region. We are thrilled to support Valicor as they honor CWE’s legacy and continue to build a national platform.”   

Bentley Associates L.P., New York City, served as the financial advisor to Clean Water Environmental and Hunting Dog Capital in this transaction.