Inland Pipe Rehabilitation Announces Acquisition of Murphy Pipeline Contractors
(UC) — Inland Pipe Rehabilitation has completed the acquisition of Murphy Pipeline Contractors.
Founded in 1973, IPR is a provider of trenchless pipe rehabilitation solutions and technology to the municipal wastewater and storm water markets.
Murphy Pipeline Contractors provides trenchless rehabilitation solutions for the municipal potable water and wastewater markets.
"We are excited to partner with the Murphy team and provide our customers with a combined set of capabilities unmatched across our industry,” said Rob McCrae, Chief Executive Officer of IPR. “The business is highly-complementary to our existing operations, and we are excited to welcome the Murphy team to IPR."
Shearman & Sterling and Jones Day provided legal counsel to IPR and JFLCO. BDO Capital Advisors served as exclusive financial advisor to Murphy Pipeline Contractors.
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