The McLean Group Advises Integrated Water Services on Its Sale to Sciens Water Opportunities Group
McLEAN, VA – April, 2020 – The McLean Group is pleased to announce that it advised Integrated Water Services (IWS), a leading water and wastewater treatment solutions provider, on its sale to Sciens Water Opportunity Group is affiliated with Sciens Capital Management which is an independent investment manager that specializes in real asset investments, including investments in the water sector. The transaction was led by Mark Bertler and Jeff Conn of the firm’s Water and Environmental Services Group, which is part of the Firm’s Critical Infrastructure Practice. Terms of the transaction were not disclosed.
Over the past five years, IWS has taken a leadership position in offering advanced membrane bioreactor (MBR) technology solutions through Design-Build, CMAR, and construction services. The investment by Sciens will help grow the core business and accelerate expansion into new markets and product offerings.
The CEO of IWS, David Patton commented, “We are excited to announce our financial partnership with Sciens, which will support our long-term strategy of expanding our base offering of Design-Build, CMAR, and construction of water and wastewater treatment systems, as well as to grow our MBR leasing and rental business. We will continue to provide ‘best value’ offerings to our clients as we move forward in our new partnership with Sciens.”
“The McLean Group ran a very efficient and thorough process and did an excellent job advising us throughout this transaction. Their understanding of the water market was invaluable in finding the ideal strategic partner to further drive our Company’s vision.” – Dave Patton, CEO of IWS
About Integrated Water Services, Inc.
IWS was founded in 2003 to provide water and wastewater treatment solutions for customers utilizing best in class technologies to meet ever-changing and increasingly stringent regulatory requirements. IWS has designed and/or constructed over 400 water and wastewater treatment plants in the US. IWS provides solutions to private developers, casinos, municipalities, and public utility districts. Additionally, the Company is the leading design builder of MBR treatment solutions in the western US including construction of California Title 22 Reuse facilities.
About Sciens Water Opportunities Group
Sciens Water Opportunities Group is an established alternative asset management firm founded in 1994 that has invested over $2 billion in highly specialized infrastructure and real assets strategies. Sciens makes investments in the water and wastewater treatment sectors specifically with the aim of helping to solve some of the biggest challenges facing the water industry today.
ABOUT THE MCLEAN GROUP
The McLean Group is a leading investment bank that provides objective strategic and financial advice on mergers and acquisitions, debt and equity recapitalizations, ESOPs and business valuations. The M&A Group is organized around three verticals: Defense & Government Services, Critical Infrastructure and Technology & Security. The McLean Group applies comprehensive industry knowledge, extensive transactional expertise, a real-time understanding of industry-specific valuation drivers, and senior-level attention to every client engagement it undertakes.