Valicor Environmental Services, a large provider of non-hazardous wastewater treatment and recycling services, today announced it has acquired Usher Oil, a centralized wastewater treatment facility founded in 1930 in Detroit. Terms of the deal were not disclosed.
Usher Oil, a fourth-generation family-owned and managed business, is a provider of liquid industrial waste treatment. The company specializes in chemical, oxidation, and precipitation treatment techniques, provides waste conversion services in the region, and has more than 450,000 square feet of industrial facilities.
The company processes and recycles more than five million gallons of wastewater annually.
Valicor officials state the acquisition will strengthen its position in the Detroit market, enabling it to provide sustainable wastewater treatment and recycling services to an expanded base of customers and better serve its existing clients in the region. Valicor is based in Monroe, Ohio, located roughly halfway between Dayton and Cincinnati.
“We’re pleased to continue our trajectory of growth with the acquisition of Usher Oil and our new partnership with the Usher family,” says Steve Hopper, CEO of Valicor. “Valicor has long admired the pioneering spirit, customer-centric approach, and commitment to environmental stewardship that are ingrained in Usher’s business. I am confident they are a strong fit with Valicor.”
Valicor is part of the Pritzker Private Capital family of companies. Valicor’s acquisition strategy focuses on partnering with centralized wastewater treatment facilities and other purveyors of environmental services additive to its customer relationships, including solidification, waste-to-energy, product destruction, and related services.
With the addition of Usher Oil, Valicor now operates 29 facilities across 14 states and recycles more than 330 million gallons of wastewater annually.
“Valicor and Pritzker Private Capital appreciate the history of our family-owned enterprise, and I am thrilled that we will honor that legacy as we grow together,” says Matthew Usher, CEO of Usher Oil. “Valicor will support our next phase of growth and help us continue to meet our high standards of service excellence, safety, and compliance. I am confident Valicor is the right partner for our next chapter.”
Ben Barry, vice president at Pritzker Private Capital, added, “With this acquisition, Valicor further expands its nationwide platform and extends its position as an industry leader in wastewater treatment and recycling services. We welcome the talented team at Usher Oil to the Valicor and Pritzker Private Capital families.”
Valicor states it is the largest provider of non-hazardous wastewater treatment services in North America. With a fleet of tankers and a network of strategically located centralized wastewater treatment facilities, the company transports and processes a diverse set of wastewater streams that result from the manufacture of industrial and consumer goods.
The company disposes of oily water, leachate, soaps, line flush waste, and similar waste streams and it also provides a diverse set of landfill solidification, product destruction, and retail oil services. For more information, visit www.valicor.com.
Usher Oil is a licensed liquid industrial waste treatment operation that treats non-hazardous wastewater and recycles byproduct oil products. For more information, visit www.usheroil.com.
Pritzker Private Capital partners with middle-market companies based in North America with leading positions in the manufactured products and services sectors. For more information, visit www.ppcpartners.com.
