Our Environmental Services platform is focused on the handling and treatment of non-hazardous waste streams, with a strategic emphasis on landfill diversion. The non-hazardous liquid waste industry represents approximately $8 billion of an overall $85 billion waste sector and is growing at an estimated rate of 3.5-4.5% annually.
Our platform, American AllWaste, seeks to consolidate this highly fragmented industry through a well-refined, regional strategy. With waste streams ranging from grease traps and grit traps to municipal sludge and septic, services provided offer numerous opportunities to grow in an industry characterized by non-discretionary demand and a highly favorable regulatory environment. American AllWaste is founded by experienced liquid-waste industry veterans who understand the needs of the customers and how to best work with company founders and employees to deliver quality service on both recurring and emergency bases.
Learn more about American AllWaste.
Our Infrastructure Services platform is focused on creating a differentiated Architecture, Engineering and Construction Management (“AEC”) consulting firm with a multi-disciplinary approach and a national coverage area servicing state, municipal, federal as well as commercial clients. AEC services represents an approximately $93 billion slice of a total $366 billion construction spend. The addressable market outside the top 500 AEC firms in the US is $14 billion annually and the industry has seen consistent growth over the last 20 years, even through economic downturns.
Our platform, Prime AE, is focused on building a balanced portfolio of capabilities with an emphasis on critical repair and maintenance services, complemented by commercial diversification. Areas of specialization include water, medical, higher education, municipal, commercial and transportation infrastructure. Prime AE, along with its various operating divisions, is an emerging leader in this industry and seeks to continue its rapid growth through organic and acquisition-led activity.
Exited
Our Precision Manufacturing platform was focused on high-margin, niche manufacturers, with a focus on precision tooling. At the time of our investment, the domestic market for stamped components is over $300 billion per year and is highly fragmented with many small to mid-size companies profitably serving a concentrated group of accounts. Favorable tailwinds included U.S. domestic on-shoring and greater premiums on efficiency and reliability. Consolidation w driven by trends towards corporate supply-chain rationalization as well as generational shift among founder owners/operators, in a context where the capital equipment costs to stay competitive are rising.
F&S Tool, our platform in this sector, is driving next generation efficiencies in the production of high volume/precision, complex components for medical, healthcare and personal care applications. Strategic emphasis will be on widening the platform’s competitive moats by in-housing most/all aspects of tooling production and sampling, and vertically integrating molding capabilities to provide the full spectrum of services to our customers. NewHold exited F&S Tool in 2024.
Our Specialty Chemicals platform is focused on establishing market leadership in the area of high purity and ultra-high purity solvents and related chemicals. Tedia, our platform company in this sector, is the largest manufacturer of OEM high-purity solvents in North America and excels in providing high-purity solvents for laboratory, life science, biotechnology and pharmaceutical applications. These end markets are growing rapidly, making the opportunity to achieve greater scale by capturing incremental wallet share highly attractive in the current environment. Tedia is among the most accredited polishers of ultra-high purity chemicals and solvents in the nation and serves as the cornerstone for our platform, on which we will endeavor to make targeted acquisitions to expand our value to current and future customers.
“In Private Equity, all long-term initiatives are tossed out the window in the final two years. I hated that as an operator.”