TAS Environmental Services, portfolio company of Blue Point Capital Partners and the BPCP IV, has acquired Texas Water Management, a liquid waste transportation services provider to industrial waste generators in Texas and Louisiana.
TWM services customers including gas retailers, energy corps., municipalities and environmental and consulting firms. The firm additionally provides emergency response clean-up, contaminated soil disposal, grease trap clean out and other liquid and particulate non-hazardous waste services.
“Texas Water Management is a highly complementary add-on that increases our exposure to liquid waste services,” said Blue Point partner Sean Ward. “This investment will expand TAS’ service offering in a core and strategic line of business while strengthening its geographic density in the broader Gulf Coast market.”
“The addition of Texas Water Management aligns with the growth and value creation strategy we have been building upon since the start of Blue Point’s partnership with TAS,” stated Blue Point principal Charley Geiger. “This acquisition furthers our goal to become a leader in the environmental services sector and provides great momentum for TAS’ continued success.”