March 31 st , 2023 – Centurion Group, a portfolio company of Houston-based private equity fund, SCF Partners, announced the acquisition of Alberta-based, Blue Drop Solutions.
Blue Drop Solutions is a premium provider of certified, full-service wastewater and water treatment operators to energy, heavy industry, and remote-camp operators through the provision of water treatment plants, sewage tanks, and potable water storage tanks.
The transaction allows UK-based, Centurion, to expand its existing footprint and field support to the Waste Treatment Rentals segment in Canadian market.
Stormont acted as the exclusive financial advisor to Blue Drop’s shareholder, performing the following activities: