Predict your next investment

ENVIRONMENTAL SERVICES & EQUIPMENT | Remediation & Environmental Cleanup
ctrindustries.com

See what CB Insights has to offer

Founded Year

1994

Stage

Acquired | Acquired

About CTR Industries

CTR Industries is a full service environmental company committed to keeping the environment clean.

CTR Industries Headquarter Location

118 Burr Court

Bridgeport, Connecticut, 06605,

United States

203-384-6020

Latest CTR Industries News

Kinderhook-backed ACV buys CTR Industries

Oct 1, 2018

Kinderhook-backed ACV buys CTR Industries October 1, 2018 ACV, a portfolio company of Kinderhook Industries LLC, has acquired Bridgeport, Connecticut-based CTR Industries Inc, a provider of industrial services. No financial terms were disclosed. Potters & Della Pietra LLC provided legal counsel to Kinderhook while Jacobi Case & Speranzini, P.C. did likewise for CTR. PRESS RELEASE Bridgeport, CT – ACV Enviro Corporation (“ACV” or the “Company”), a portfolio company of Kinderhook Industries, LLC (“Kinderhook”) announced today the acquisition of CTR Industries, Inc. (“CTR”) formerly known as Connecticut Tank Removal, Inc. CTR represents the second add-on acquisition for ACV and Kinderhook’s 37th acquisition in the environmental services sector. Headquartered in Avenel, New Jersey, ACV is a leading regional provider of integrated hazardous and non-hazardous waste management services throughout the Northeastern United States to commercial and government entities, including utilities, refineries, power plants, and chemical manufacturing plants, in addition to academic and medical institutions. ACV provides comprehensive waste removal services including assessment, remediation, treatment, transportation, laboratory analysis, storage, and disposal for both planned and emergency responses. Operating across 25 service locations including two RCRA Part B Permitted TSDF’s, ACV provides its customers with a wide range of turnkey environmental solutions. Headquartered in Bridgeport, Connecticut, CTR is a provider of industrial services throughout the Northeastern United States. The business operates out of four facilities (three in Bridgeport, CT and one in Medford, NY) and provides hazardous and non-hazardous waste management services. CTR specializes in industrial maintenance, emergency response, tank removal, remediation, demolition and transportation and disposal. “The ACV team is extremely excited to welcome the impressive CTR team to our rapidly growing organization. Culturally, the CTR team aligns with ACV’s values of safety, compliance and providing our customers with superb service. The acquisition of CTR complements our strategy of providing all of our customers with a comprehensive suite of environmental services offerings. We can now offer a variety of hazardous and non-hazardous environmental services to an expanded portion of the Northeast market,” said Andrew Shackett, Chief Executive Officer of ACV. “We are excited to become a part of ACV,” said Joseph Palmieri, President of CTR. “We are focused on accelerating growth as a combined company and providing best-in-class service to our customers.” “We look forward to building on the success CTR has already achieved as a best-in-class operator in the Northeast,” said Rob Michalik, Managing Director at Kinderhook. “CTR represents a highly strategic acquisition for ACV as it will expand our geographic presence and enable us to cross-sell our extensive integrated service offerings into a new market.” Potters & Della Pietra LLP served as legal counsel to Kinderhook. Jacobi Case & Speranzini, P.C. served as legal counsel to CTR Industries, Inc. About ACV Enviro Group Headquartered in Avenel, New Jersey, ACV is a leading regional provider of integrated hazardous and non-hazardous waste management services throughout the Northeastern United States to commercial and government entities, including utilities, refineries, power plants, and chemical manufacturing plants, in addition to academic and medical institutions. ACV provides comprehensive waste removal services including assessment, remediation, treatment, transportation, laboratory analysis, storage, and disposal for both planned and emergency responses. Operating across 25 service locations including two RCRA Part B Permitted TSDF’s, ACV provides its customers with a wide range of turnkey environmental solutions. For more information, please visit: https://www.acvenviro.com

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.