NewsMV
Pipeline infrastructure services are attracting fresh lower middle-market private equity capital.
Sallyport, an operationally focused private equity firm based in Houston, announced July 8 an investment in Submar, LLC, a Louisiana company that remediates pipeline erosion.
The investment marks Sallyport's third platform company.
The Submar position Submar operates in pipeline erosion remediation, a services category covering the maintenance and repair of degrading pipeline infrastructure across energy and utility applications.
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