MERGERS & ACQUISITIONS: Layne Christensen Co. Acquires Wildcat Civil Services

Layne Christensen Co. announced that the acquisition of Wildcat Civil Services, a cured-in-place rehabilitation company based in Kiowa, Colo. Wildcat provides pipeline rehabilitation services to clients along the Rocky Mountain front range and throughout the mid-central United States. Wildcat?s total 12 months trailing revenue was approximately $16 million and earnings before interest, income taxes and depreciation was approximately $1.5 million. The purchase price was $8,885,000.

Larry Purlee, president of Layne?s full service rehabilitation business, Reynolds Inliner, said, ?The Wildcat acquisition joins two cured-in-place lining companies that individually bring added value, but together create significant synergies. Reynolds has the Inliner technology and the capability to perform a variety of other rehabilitative services for clients and Wildcat provides the avenue and added personnel through which we can provide those services to the western United States. The move gets Reynolds Inliner one step closer to nationwide coverage.?

Leave a Reply

Your email address will not be published.

*