Inframark, a provider of operations, maintenance and management of water and wastewater facilities and portfolio company of New Mountain Capital private equity, has acquired MR Systems, an automation and cybersecurity services provider.
MR Systems has provided services to the water and wastewater sectors for over 30 years while maintaining a skilled base of employees across multiple locations in the eastern U.S.
“MR Systems has been the industry standard in the automation and cybersecurity solutions segment for municipal water and wastewater operations since 1994, and the company’s impressive growth over the past few years further validates the strength and value-proposition to its clients,” commented Clint Bundy, managing director with Bundy Group. “The partnership with Inframark, one of the largest water and wastewater operators in North America, will offer MR Systems substantial new resources and opportunities as the company continues to grow.”
Bundy Group advised MR Systems on the sale.