Stout Advises on Sale of UCC Environmental
Stout has advised UCC Environmental (“UCC” or the “Company”), a leading provider of environmental systems and solutions, on its sale to Clavis Capital Partners (“Clavis”), a private investment firm based in Dallas, Texas, and Green Hills Partners (“Green Hills”), a family office based in Nashville, Tennessee. Stout served as the exclusive sell-side financial advisor to UCC in connection with the transaction.
Founded in 1920, and family-owned for over 100 years, UCC is a provider of mission-critical engineered environmental solutions and performance parts for wastewater treatment, solids handling, and air pollution control technologies in power generation and other heavy industrial applications. The Company offers a full suite of design and engineering technology capabilities, including planning and consulting, engineering, project management, production, validation, installation and commissioning, and aftermarket sales, service, and maintenance. UCC is a global enterprise, headquartered in Waukegan, Illinois, with international operations in Germany, India, Thailand, and China.
“The excitement and support that both Clavis and Green Hills are bringing to UCC will enable us to accelerate our strategy and enhance our market position through new service offerings and continued growth,” said Andrew Warrington, President and Chief Executive Officer of UCC Environmental. “We are thrilled to welcome Clavis and Green Hills as partners within the UCC family.”
“UCC has a storied history of success in the environmental solutions market globally, spearheaded by an exceptional management team. We are very pleased with the outcome of this transaction and look forward to the growth and future success of UCC in partnership with Clavis and Green Hills,” said Stout Managing Director Jim Owen, who led the transaction.
Stout’s Nick Jachim, Nick Dreps, Steve Simone, and Jake Good assisted in executing the transaction.
Gould & Ratner LLP served as legal counsel to UCC. Foley & Lardner LLP served as legal counsel to Clavis.
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