Hydro-Technology, Inc. Asset Profile

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

Year established

1993

Location

MI US

Primary Industry

Environmental Services

About

Based in Michigan, US and founded in 1993, Hydro-Technology, Inc. operates as a mechanical or industrial engineering company that provides environmental cleaning services to power plants, paper mills, steel mill, petrochemical, and refineries. The company operates out of five facilities in Michigan and Ohio. In February 2021, Superior Environmental Solutions, Inc. acquired Hydro-Technology. The company provides industrial and environmental cleaning services such as water blasting, abrasive cleaning, industrial maintenance services, emergency response, waste management, and site-cleanup management services in Michigan and Ohio. The acquisition of Superior Environmental Solutions will help broaden the company's geographic footprint, by increasing its presence in Michigan with its main branch location in Dundee along with multiple nested sites located in Ohio and Michigan.

Current Investors

Superior Environmental Solutions, LLC

Request a demo to show more

Primary Industry

Environmental Services

Sub Industries

Waste Management, Environmental Services

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Deals

Deals Type
Add-on

Deal Status	Target (s)	Deal Date	Investor(s)	Seller(s)	Deal size (Mn)	Enterprise value (Mn)	Post-money valuation (Mn)	EBITDA multiple (x)	Revenue multiple (x)	Lead partner (s)
Completed	Hydro-Technology, Inc.	17 Feb 2021

Displaying 1-1 of 1

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.