Eagle Merchant Partners invests in Atlantic Pipe Services to expand water infrastructure rehabilitation
(UI) - Eagle Merchant Partners has made a strategic investment in Atlantic Pipe Services (APS), a fast-growing provider of stormwater and wastewater inspection, cleaning, and trenchless rehabilitation services across Florida. Founded in 2017, APS has expanded to seven locations and is now one of the state’s largest water infrastructure service companies.
The partnership is expected to accelerate APS’ growth through expanded geographic coverage, additional equipment and workforce investment, and targeted acquisitions. APS CEO Jon Hall said the company’s rapid rise reflects its focus on safety, quality, and customer service, calling the investment “a natural next step” aligned with APS’ values and long-term vision.
Eagle Merchant Partners said APS plays a critical role in helping municipalities maintain aging underground systems and praised the company’s reputation for technical expertise and responsiveness. The investment marks Eagle’s fourth platform investment from Fund II and its sixth in the commercial services sector.
Advisors on the transaction included William Blair and Burr & Forman for APS, and Raymond James and King & Spalding for Eagle. Principal Asset Management provided debt financing.
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