Aegion Corporation , a provider of infrastructure maintenance, rehabilitation, and technology-enabled water solutions, announced the acquisition of Standard Pipe Services, a provider of trenchless repair services throughout the Delaware-Maryland-Pennsylvania area.
Standard Pipe Services employees and facilities will remain in place in Delaware, operating under the Insituform name. In 1999, Mark Schneider acquired Tri-State Grouting, a small, three-person sanitary sewer rehabilitation company. Since then, the company’s service offerings have evolved over the last four decades to include Cured in Place Pipe, grouting, clean and TV inspections, and geopolymer application for both manhole and mainline pipe rehabilitation.
“As an experienced trenchless rehabilitation provider with complementary services, Standard Pipe Services is a welcome addition to Aegion,” said Rob Tullman, CEO of Aegion. “This acquisition broadens our Mid-Atlantic footprint and bolsters our portfolio of industry-leading pipeline solutions. Frank and his team have formed an outstanding company, and we’re excited to build off that foundation.”
In addition to organic growth, Standard Pipe Services’ expansion can be attributed to several acquisitions and mergers in 1999. “We have always sought out the best talent and resources needed to meet any challenge and exceed expectations,” said Frank Impagliazzo, president of Standard Pipe Services. “Now, we look forward to building on our long-standing successes and growing together as a member of the Insituform team.” More information about Aegion can be found at www.aegion.com .