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Underground Solutions Inc closes $45 million financing transaction and announces acquisition of Process Solutions, Inc

Wednesday, 23 Jul 2014 04:26pm EDT

Underground Solutions Inc:Closes $45 mln financing transaction with Riverwood Capital of Menlo Park, CA.Structured transaction provides for initial investment of $30 mln in UGSI's Series C preferred stock, with option for additional $15 mln investment.Portion of transaction proceeds was used to acquire Process Solutions, Inc. (PSI), of Campbell, CA.PSI developed and sells two water treatment technologies.They are MicrOclor on-site hypochlorite generation for disinfection and Tank Shark for efficient mixing of water reservoirs.

SIG PLC announces acquisition of roofing business

Friday, 18 Jul 2014 02:00am EDT

SIG PLC:Says that it has acquired Sodimat SAS, a specialist distributor of flat roofing products in France, based in Lyon, for 4.4 mln euro in cash.

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Provider: GlobalData
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Provider: GlobalData
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