Audax Private Equity is buying EnviroVac Holdings LLC, an industrial cleaning and maintenance service provider, from private equity firm RLJ Equity Partners LLC.
Founded in 1999, EnviroVac offers general industrial services such as hydro-blasting, outage and turnaround, vacuum, hydro evacuation, dust remediation, and 40K cutting services. The Savannah, Georgia-based also offers chemical cleaning services for package boilers, oxygen systems, recovery boilers, filtration projects and turbines. EnviroVac serves the power & utilities, pulp & paper, chemical, steel and manufacturing industries in the Southeast U.S. region. Financial terms of the deal were not disclosed.