Argosy Acquires Majority Interest In ECS Environmental Solutions
On September 17, 2018, Argosy Investment Partners V, L.P. and its parallel fund (together, “Argosy”) acquired a majority interest in ECS Environmental Solutions (“ECS” or the “Company”).
Based in Belton, Texas, ECS is a leading designer and manufacturer of environmental systems and solutions for the odor control market. ECS designs, manufactures, and installs odor control systems for a wide range of customers with a focus on the municipal wastewater market. The Company offers a full range of odor control and air pollution solutions, including activated carbon, biological, and chemical systems, tailored for odor control criteria and customer need. In addition, ECS manufactures ducts for corrosive airstreams, process piping and sound attenuation enclosures. ECS also offers service solutions, such as performance testing, air balancing, and media exchange. Jeff Jones will continue to lead the Company as CEO and will continue to be a significant owner.
Argosy will focus on working with management to implement growth strategies for ECS, including penetrating the industrial odor control market, continuing to develop the Company’s service and maintenance capabilities, and pursuing strategic add-on acquisition opportunities.