Inland Pipe Rehabilitation (IPR), a leading provider of underground rehabilitation solutions, has acquired Underground Technologies, Inc., a pipe rehabilitation provider. Joseph A. Cutillo, president and CEO of Inland Pipe Rehabilitation, made the announcement.
The acquisition is a result of IPR’s continued national expansion efforts and desire to develop the company’s rapidly evolving roster of underground rehabilitation solutions. IPR provides pipe bursting and “green,” environmentally friendly rehabilitation services. The company is also one of the nation’s leading providers of cured-in-place pipe.
Underground Technologies specializes in pipe bursting and slip-lining trenchless replacement methods and has experienced exceptional growth in Texas and the Southeast. The company is committed to providing innovative solutions and cost-saving trenchless replacement for national pipe installation projects. Underground Technologies’ recognition as one of the most experienced privately owned pipe-bursting contractors in North America will complement IPR’s existing suite of services geared towards maintaining and repairing the nation’s infrastructure.
“Adding the impressive expertise and solutions that Underground Technologies offers to IPR’s portfolio through this acquisition is in line with our strategic growth plan,” Cutillo said. “As the infrastructure industry evolves, and the needs of our municipal, government and private sector clients change, so must the solutions we can offer. Underground Technologies has a proven track record in trenchless rehabilitation and we feel this collaboration will offer great value to clients, new and shared.”
Source: Inland Pipe Rehabilitation