Superior Environmental Solutions, a portfolio company of Palladium Equity Partners, LLC, announced that it has acquired Arrowhead Environmental Services. The combination broadens SES’s geographic reach into the Southern Mid-Atlantic market, where Arrowhead is based, and expands SES’s position as a leading provider of environmental and industrial services in the Midwestern and Southeastern United States. With approximately 50 employees and 75 active customers throughout the Central Virginia area, Arrowhead represents one of SES’s largest acquisitions to date.
Since its founding in 1999, SES has grown to be the premier provider of industrial and environmental services throughout the Midwest and Southeast. With over 700 employees operating from over 40 facilities located in Ohio, Kentucky, Indiana, Illinois, Michigan, Wisconsin, Iowa, California, Tennessee, and North Carolina, SES offers a range of environmental and industrial capabilities, such as emergency response, hydro blasting and vacuum truck services, to more than 1,000 active, blue chip and regional customers in end markets including agriculture, food processing, metals, utilities, automotive, refining and chemicals.
Michael D. Luter, President and Founder of Arrowhead, said: “I am very excited about the combination of Arrowhead with SES and am confident it will serve the best interests of our valued employees and customers. In aligning with SES, we are partnering with a company with a strong culture of excellence and a private equity sponsor in Palladium, who brings decades of experience investing in founder-owned businesses.”
“We are excited to announce our new partnership with Arrowhead,” said John Stevens, Chief Executive Officer of SES. “Arrowhead is a well-established business with a strong reputation in the Central Virginia market. This acquisition will significantly enhance our capabilities and expand our geographic reach within the specialized industrial and environmental services sector. Additionally, this strategic transaction allows SES to integrate Arrowhead’s exceptional customer base, experienced management team, and dedicated employees, all of whom we are pleased to welcome to the SES team.”
Scott Kirschner, Principal at Palladium Equity Partners, commented: “We believe Arrowhead represents a strong add-on business for SES as well as a scaled entrance into the greater Virginia marketplace which SES has been targeting for some time. We look forward to continuing to partner with the SES and Arrowhead teams as they advance the company’s organic and inorganic growth as a leader in environmental and industrial services.”