Hydromax USA Announces Acquisition of Miller Pipetech

Hydromax USA, a Warren Equity Partners portfolio company, will
expand its geographic service area through the acquisition of Miller
Pipetech

EVANSVILLE, Ind.–(BUSINESS WIRE)–Hydromax USA, LLC (“Hydromax” or the “Company”), a leading provider of
data collection services for infrastructure assets, announced the
closing of a definitive agreement to acquire the Technical Services
division of Miller Pipetech (“Miller Pipetech”). Miller Pipetech offers
technical condition assessment and data collection services for
underground utilities to customers throughout Pennsylvania, Ohio, New
York, Michigan, and West Virginia.

“We are excited to add Miller Pipetech to our growing platform of
infrastructure data collection solutions,” said Steve Lacy, CEO of
Hydromax. “We have tremendous respect for the Miller family and believe
this company is an ideal cultural fit for our business. We are looking
forward to working with existing management at Miller Pipetech to grow
the business and to offer new solutions to its customers.”

Hydromax has consistently expanded its geographic reach and its data
management offerings over the past several years. This acquisition will
strengthen Hydromax’s footprint in the Eastern and Midwestern United
States, enabling Hydromax to extend its data solutions to current
clientele of Miller Pipetech. Hydromax’s data management center supports
the Company’s nationwide customer base, delivering best-in-class project
quality assurance; key program and infrastructure insights through
web-based business intelligence platforms; management, analysis, and
integration of terabytes of program information into client information
systems; and technical support of field operations nationwide.

“The Miller Pipetech acquisition aligns well with management’s vision
for growing Hydromax,” stated Steven Wacaster, Managing Partner at
Warren Equity Partners. “Hydromax provides its utility and municipal
customers with unique, digital asset management solutions that advance
their evolution towards GIS enterprise systems. Miller Pipetech gives
the Company a new avenue for expanding those solutions into the market.”

Hydromax specializes in three primary sectors: gas, water, and
wastewater. Across each of its divisions, Hydromax performs inspection,
condition assessment, and data management services, delivered through a
proprietary GIS platform that is designed to transition seamlessly into
its customers’ operating systems. Hydromax offers solutions to optimize
distribution performance and reliability, identify and control
infrastructure failures, plan for upgrades, and ensure system safety.
Hydromax plans to continue to expand its offerings geographically
through a combination of organic growth and acquisitions.

Following the sale of Miller Pipetech, Ron Miller Plumbing will continue
to provide services as a standalone company in Pennsylvania.

About Hydromax USA

Established in 2003, Hydromax USA is a professional services firm
specializing in data collection in support of locating and assessing the
condition of the country’s aging water, wastewater and natural gas
conveyance systems. Hydromax’s vast experience with new technologies and
techniques empowers contractors, engineers and utility owners to make
the best rehabilitation decisions regarding their buried infrastructure.
Based upon a strong record of performance, our customers have recognized
that Hydromax brings a unique ability to meet their needs for advanced
data collection. We work from coast to coast covering the entire United
States, without exception. Hydromax utilizes the largest array of
technologies, within one company, to provide the broadest capability in
the country to assess buried infrastructure. For more information about
Hydromax USA, visit www.hydromaxusa.com.

About Warren Equity Partners

Warren Equity Partners is a private equity firm that invests in small
and middle market operating companies primarily in North America. The
firm invests in established companies where additional capital and
operating resources can accelerate growth, targeting companies in the
industrial, infrastructure, and business services sectors. Warren Equity
invests in the form of buyouts, growth equity, and recapitalizations.
For more information, please visit www.warrenequity.com.

Contacts

Hydromax USA
Media and Investors Contact:
Shane Majetich,
813-305-6610
[email protected]