VLS Environmental Solutions LLC, a Houston-based environmental services company and a portfolio company of I Squared Capital, has acquired Phoenix, Arizona-based waste management solutions company SRE Environmental.
According to VLS, SRE manages millions of gallons of commercial and industrial wastewater throughout the western U.S. utilizing its fleet of tanker trucks and other related transportation equipment. The company also offers solid waste management solutions and other industrial services to serve the needs of its clients.
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VLS says that SRE’s evaporation ponds provide safe, economic and low carbon disposal solutions for compatible wastewaters. Using solar evaporation as the sole source of treatment, the facility is designed for zero discharge and zero processing. The company says this provides clients with an environmentally friendly and low-emission option for the treatment and disposal of compatible wastewaters.
“We are thrilled to join VLS,” says Gary Pedersen, CEO of SRE. “This immediately expands our suite of services for our current clients, and we look forward to providing expanded best-in-class environmental solutions to all VLS clients across our growing footprint.”
The combined company has over 1,000 employees and 40 locations nationwide. The acquisition of SRE is the 12th by VLS since 2017 and the fourth in the last 12 months. Financial terms of the acquisition were not made public.
VLS, which consists of three divisions providing waste services, railcar cleaning and repair services and marine services, says it is actively pursuing both organic and inorganic opportunities to continue to expand its environmental services capabilities to support the waste processing needs of its clients.
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