Ottawa, IL, April 18th, 2019 – LMK Technologies (“LMK”), a world leader specializing in trenchless methods to renew lateral sewer infrastructure, is excited to announce the acquisition of our parent company Waterline Renewal Technologies (“WRT”) by the private equity firm Behrman Capital, as of Wednesday, April 10, 2019.
We welcome our new partner, Behrman Capital, and are looking forward to the opportunities this acquisition provides. LMK will continue to develop new cutting-edge technologies that will help improve the sewer and water rehabilitation industry and are excited about enhancing our support to our licensed installers.
Read more about the acquisition here.
“We are extremely excited about this new chapter for WRT,” said Matt Fishbune, WRT President. “By joining forces with Behrman Capital, this new partnership will allow for further expansion of our core technologies, enhancing our product offering and scaling our business and geographical reach.”
About Waterline Renewal Technologies, Inc.
Headquartered in Rosemont, Ill., Waterline Renewal Technologies, Inc. provides trenchless rehabilitation of degraded infrastructure through differentiated products, technologies and services to prevent inflow and infiltration of sewer systems and potable water pipelines.
About Behrman Capital
Based in New York City and San Francisco, Behrman Capital was founded in 1991 by Grant G. and Darryl G. Behrman. The firm invests in management buyouts, leveraged buildups and recapitalizations of established growth businesses. The company’s investments are focused in three industries: defense and aerospace, healthcare services and specialty manufacturing and distribution. The firm has raised in excess of $3.0 billion since inception and is currently out of its sixth fund. For more information, please visit http://www.behrmancap.com.
About LMK Technologies
LMK Technologies, a world leader specializing in trenchless methods to renew lateral sewer infrastructure has more than 100 worldwide issued patents for its advancements in trenchless technology. Headquartered in Ottawa, IL since 1993, LMK serves the municipal and residential markets through a network of licensed and certified contractors. For more information regarding LMK please visit www.lmktechnologies.com, call 1-815-640-9302 or email info@lmktechnologies.com.
