Wastewater management firm acquires SCADA company
Inframark, LLC has acquired MR Systems, Inc., which specializes in providing automation, process controls, instrumentation, and SCADA systems for the municipal water and wastewater market.
Inframark, LLC, an industry leader in the operations, maintenance, and management of water and wastewater facilities, announced it has acquired MR Systems, Inc., an Atlanta-based company that specializes in providing automation, process controls, instrumentation, and supervisory control and data acquisition (SCADA) systems for the municipal water and wastewater market.
The addition of MR Systems to Inframark’s existing SCADA division brings a level of scale that will enable Inframark and MR Systems to create an embedded SCADA offering throughout the Inframark portfolio, primarily consisting of water and wastewater contract operations and municipal utility district operations and maintenance (O&M) clients, in addition to their commercial and industrial customer base.
MR Systems, along with the existing SCADA division, will operate as an autonomous business unit dedicated to serving its existing client base leveraging support from Inframark for investment to further enable MR Systems and the combined SCADA division to provide state-of-the-art automation and cybersecurity solutions to fit any type of facility within the water, wastewater, and commercial/industrial industries.
John Freebody, Inframark’s chief financial officer said in a press release, “MR Systems has an excellent reputation and will help us create a scaled, affiliated SCADA division to assist Inframark in building standardized, high-tech, and integrated solutions for our clients. This effort is a key objective in Inframark’s digital strategy to strive for the highest standards in compliance and operational excellence by leveraging technology to enable automation and eliminate manual processes.”
Tom Hopkins, CEO and co-founder of MR Systems, shared, “The combination with Inframark allows MR Systems to continue our journey as an autonomous business that will be seamless to our longstanding clients and staff, while providing access to a scaled organization with a national footprint that can provide the back-office support and business platforms that we need to provide our mission critical services to much broader customer segments.”
Bundy Group served as financial advisor to MR Systems.
– Edited from an Inframark press release by CFE Media.