ROSEMONT, Ill.--(BUSINESS WIRE)--Sep 5, 2018--Wynnchurch Capital, LLC (“Wynnchurch”) announced today that it has completed the acquisition of select assets of Uponor Infra Ltd. ("Uponor"). The new entity will be named Infra Pipe Solutions Ltd. (“IPS” or the “Company”). IPS is the leading manufacturer of large diameter, high density polyethylene (“HDPE”) pipe in Canada. The Company sells pipe for use in water infrastructure, mining, industrial processes, oil & gas distribution, and other applications.

Infra Pipe Solutions Ltd. marks Wynnchurch’s eleventh platform investment in Canada and the second Canadian investment in 2018.

"We are excited to partner with Sandeep Dhillon, CEO of Infra Pipe Solutions Ltd., the management team and all of the employees of the company to continue the Company’s track record of superior safety, quality, and customer service,” said Chris O’Brien, Managing Partner at Wynnchurch. “Infra Pipe Solutions has an exceptionally bright future and we look forward to supporting the Company’s plans for growth.”

“With the opportunities we have before us, this is a very exciting time for the Company,” said Sandeep Dhillon, Chief Executive Officer at IPS. “Wynnchurch has the resources and expertise to take our company into a new phase of expansion as we continue to help our customers grow.”

“Infra Pipe Solutions has done an excellent job driving performance and delivering outstanding solutions to its customers,” added Brian Crumbaugh, Managing Director at Wynnchurch. “We believe that the Company’s industry-leading product quality, availability, and service, combined with Wynnchurch's experience, position IPS to be a strong platform."

Wynnchurch Capital is actively investing from its $1.3 billion Fund IV. In early August, Wynnchurch acquired Logistik Unicorp Inc., a worldwide leader in managed clothing services and uniform solutions. Other recent Wynnchurch investments include Critical Process Systems Group, a leading provider of mission-critical engineered solutions for demanding industries and applications; Team Car Care, the market leader in the quick oil change segment of the “Do-It-For-Me” (“DIFM”) automotive aftermarket; and Anderson Metals, a manufacturer of brass fittings, valves, pipe nipples and related products, which are sold into the plumbing, hardware and general industrial end-markets.

About Infra Pipe Solutions:

Infra Pipe Solutions Ltd., headquartered in Mississauga, Ontario with additional manufacturing facilities in Saskatoon, Saskatchewan and Huntsville, Ontario, is the leading manufacturer of large diameter, high density polyethylene pipe in Canada.

About Wynnchurch Capital:

Wynnchurch Capital, LLC, headquartered in the Chicago suburb of Rosemont, Illinois, with offices in California and Canada, was founded in 1999, and is a leading middle-market private equity investment firm. Wynnchurch's strategy is to partner with middle market companies in the United States and Canada that possess the potential for substantial growth and profit improvement. Wynnchurch Capital manages a number of private equity funds with $2.2 billion of committed capital under management and specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs and restructurings. For more information, please visit: www.wynnchurch.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180905005697/en/

CONTACT: Wynnchurch Capital, LLC

Chris O'Brien

Managing Partner

cobrien@wynnchurch.com

847-604-6100

or

Brian Crumbaugh

Managing Director

bcrumbaugh@wynnchurch.com

847-604-6100

KEYWORD: UNITED STATES NORTH AMERICA CANADA ILLINOIS

INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS PROFESSIONAL SERVICES BANKING FINANCE

SOURCE: Wynnchurch Capital, LLC

Copyright Business Wire 2018.

PUB: 09/05/2018 11:45 AM/DISC: 09/05/2018 11:45 AM

http://www.businesswire.com/news/home/20180905005697/en