Superior Environmental Solutions (鈥淪ES鈥�), a leading provider of comprehensive, essential, and non-discretionary environmental and industrial services, and a portfolio company of Palladium Equity Partners, LLC, today announced the acquisition of Captain Clean. This strategic acquisition expands SES鈥檚 operational footprint and strengthens its market presence in Iowa and across the Midwest, enhancing its service capabilities and customer reach within the agriculture and food processing sector.聽 The acquisition of Captain Clean marks SES鈥� ninth acquisition in the past nine years and its third during Palladium鈥檚 20 month ownership.
Founded in 1969, Captain Clean delivers a suite of recurring, essential industrial services closely aligned with SES鈥檚 offerings, including water blasting and power washing, industrial vacuuming and pumping, ice blasting, and additional specialized solutions for a blue-chip customer base. With a workforce of nearly 1,000 employees, SES operates from over 65 facilities across 14 states in the Midwest, Southern, and Western United States. The Company offers a full suite of environmental and industrial solutions, including hydro blasting, vacuum truck services, waste management, product destruction, tank cleaning, and a range of other technical services. SES serves a diverse base of more than 1,100 customer locations across key end markets such as agriculture, food processing, chemicals, metals, utilities, automotive, and refining.
John Stevens, Chief Executive Officer of SES, commented, 鈥淲e are delighted to welcome Captain Clean and its entire team to the SES family of essential environmental and industrial service providers. For 56 years, Captain Clean has built a strong reputation for delivering high-quality industrial cleaning solutions throughout the Iowa and Nebraska 鈥攕ervices that are highly complementary to our own. Their expertise and longstanding customer relationships will further strengthen our capabilities and enable us to expand our reach and service offerings across the Midwest. We look forward to working together to continue providing exceptional value to our customers.鈥�
Robert, Carol, and Larry Lehman of Captain Clean stated, 鈥淲e are thrilled to join forces with SES, one of the nation鈥檚 fastest growing and most highly respected environmental and industrial services companies. We look forward to working with the SES and their private equity partners and are confident this combination will best serve the interests of our valued employees and customers.鈥�
Scott Kirschner, Principal at Palladium Equity Partners, commented, 鈥淲e are proud to support SES in its acquisition of Captain Clean, which further expands SES鈥� presence in the Midwest and accelerates its growth as a national leader in environmental and industrial services.鈥� Daniel Ilundain, President at Palladium Equity Partners, mentioned, 鈥淭his transaction underscores Palladium鈥檚 commitment to partnering with exceptional management teams to drive long-term value and industry leadership.鈥�