The McLean Group, a national middle market investment bank, has established a new Water, Wastewater and Environmental Practice Group with the addition of managing directors Mark Bertler and James Simpson. The Water Practice Group will operate out of The McLean Group's offices in Chicago, Ill. and Irvine, Calif.
Bertler and Simpson collectively bring to The McLean Group more than 50 years of executive-level water industry operating and investment banking experience at global water companies including U.S. Filter, Culligan, Sta-Rite Industries, Pentair and investment banking firms Offerboard Securities, Finance 500, Inc. and Brown Simpson Asset Management, LLC, where they operated or advised water clients on a wide range of strategic alternatives including mergers and acquisitions (buy-side/sell-side), recapitalizations, management buyouts and capital formation. Bertler and Simpson have completed or advised on more than 45 middle market transactions ranging in value from $5 million to $100 million and closed more than $1 billion in deal value. They have led transactions and strategic advisory engagements with many of the industry's water and wastewater firms including Nalco, Pentair, 3M, Res-Kem, General Water, Christ Water Technologies (Ovivo), Green Compass (AKA Southern California Waste Water), HydroNovation, Seaport Environmental, C3 Capital, Lehman Brothers, UBS and Peninsula Capital Partners.
Source: The McLean Group