Mar 2022 | Texas
BLTI Acquired By Inframark
We are pleased to share the sale of our client, BL Technology, Inc. (BLTI), to Inframark. The transaction closed March 31, 2022.
Located in Tomball, Texas, BLTI is a leading provider of comprehensive integration solutions for instrumentation and control systems for municipal, commercial and institutional clients. BLTI specializes in large scale supervisory control and data acquisition (SCADA) systems as well as small control panels, fire alarms and security systems.
Founded in 1974, BLTI offers comprehensive integration solutions in all facets of instrumentation and control systems. While the heart of BLTI’s business has been control panel fabrication and system integration, the company is a recognized provider of security, fire and related systems. This extensive offering positions BLTI to deliver comprehensive solutions to comply with homeland security and life safety requirements.
Inframark, located in Katy, Texas, is a standalone American infrastructure services company focused on the operation and maintenance of water and wastewater systems, management of community infrastructure, and back-office services.
With more than 40 years of experience in managing water-related infrastructure, the company employs 2,500 people serving more than 400 clients in 21 states. Its North American operations manages facilities that can treat a billion gallons of drinking water and wastewater daily. It also manages 10,000 miles of wastewater collection and water distribution networks.
Its infrastructure management services group serves 220 clients with financial, administrative and specialized support services.
“We are proud and excited to add an organization like BLTI to the Inframark family and look forward to the continued involvement of the entire team that has driven the success of the company,” said Jim Irwin, Inframark’s Vice President of Corporate Development.
Irwin added, “BLTI represents Inframark’s fourth acquisition of a premier service provider in the SCADA market and signifies our commitment to helping customers optimize and efficiently operate their water, wastewater and infrastructure assets.”
BLTI will join Inframark’s existing SCADA division, led by Vice President Tom Hopkins, and operate as an autonomous business unit dedicated to serving its existing client base. It will leverage support from Inframark for investment to further enable BLTI and the combined SCADA division to provide state-of-the-art automation and cybersecurity solutions to fit any type of facility within the water and wastewater industry.
“We were looking for a partner to help us expand our SCADA capabilities and we found it with BLTI,” Mr. Hopkins said. “This acquisition not only expands our SCADA footprint nationally, but also provides a local presence for our Houston water and wastewater contract operations and municipal utility district O&M clients.”
According to Bob Lee, Vice President of BLTI, “Partnering with Inframark will provide BL Technology the opportunity to take the current success of the Company to an even greater level. This will allow us to collaborate with other SCADA companies within the Inframark organization to provide SCADA solutions at a national level. We are thrilled with what the future holds with the Inframark/BL Technology team.”
Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, and his team successfully closed the transaction. Senior Managing Director Brian Hendershot established the initial relationship with BLTI.
“This is one of those rare transactions that just seemed right from the very beginning. BLTI synergistically melds immediately into the Inframark mission to provide comprehensive and top-of-class solutions to the water and wastewater industry, and the cultural and missionally-driven hearts of BLTI and Inframark are in unity,” said Goss.
Goss added, “We are all so very thrilled for Bob and Debi Lee, their family, their management team and employees, and the entire group at Inframark.”
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