NRC Group Holdings Announces the Acquisition of Quail Run Services

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Oct 09, 2018, 08:22 ET

NEW YORK, Oct. 9, 2018 /PRNewswire/ -- NRC Group Holdings, LLC ("NRCG"), a portfolio company of an investment affiliate of J.F. Lehman & Company, announced today the completion of the acquisition of Quail Run Services, LLC ("Quail Run").

NRCG is a global provider of comprehensive environmental, compliance and waste management services to the marine and rail transportation, general industrial and energy markets. NRC Group's broad range of capabilities includes standby, environmental and waste disposal services, and enables it to provide a global reach to meet the critical, non-discretionary needs of its more than 5,000 customers.

Quail Run is a leading provider of wellsite wastewater treatment services through five disposal sites in the Eagle Ford and Permian Basins. Its state-licensed facilities are designed to properly treat domestic wastewater and then discharge / reuse the processed effluent to meet or exceed state-mandated parameters.

"Quail Run is NRCG's eleventh add-on acquisition and represents another successful step in expanding its specialized service offering," said Alex Harman, Partner at J.F. Lehman & Company.

Chris Swinbank, CEO of NRCG, commented, "Quail Run is highly complementary to our existing waste disposal business and enhances our ability to provide a full suite of waste disposal services to our customers. We are very happy to welcome the Quail Run team to NRCG."

About J.F. Lehman & Company, Inc.

J.F. Lehman & Company is a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental sectors. The firm has offices in New York and Washington, D.C.

For more information about J.F. Lehman & Company, please visit www.jflpartners.com.

SOURCE J.F. Lehman & Company