Tomball, TX., March 31st, 2022 – BL Technology, a leader in providing comprehensive integration solutions for instrumentation and control systems for municipal, commercial and institutional clients, is proud to announce its acquisition by Inframark which closed on March 31st, 2022. The company will be joining Inframark's SCADA Division, overseen by Vice President Tom Hopkins. "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."
BL Technology (BLTI) was founded in 1974 and specializes in large-scale supervisory control and data acquisitions (SCADA) systems along with control panels, security and fire systems. The company collaborates with clients and customers all around Texas with a focus in the Houston area, such as the City of Houston, North Harris Country Regional Water Authority, Houston Water Works Team, and many more. The acquisition will expand the customer base even further.
While the concentration of BLTI has always been system integration and control panel fabrication, we are also a leader in the industry as a provider of security and fire systems. "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 the national level. We are thrilled with what the future holds with the Inframark/BL Technology Team," said Bob Lee, COO of BLTI.
With more than 40 years of experience in managing water-related infrastructure, Inframark employs 2,500 people serving more than 400 clients in 21 states. Its North American operations manage 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, Inframarks Vice President of Corporate Development. Irwin added, "BLTI represents Inframark's fourth acquisition of leaders in the SCADA market and signifies our commitment to helping customers optimize and efficiently operate their water, wastewater, and infrastructure assets."
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. "We are all so very thrilled for Bob and Debi Lee, their family, their management team and employees, and the entire group at Inframark."
About BLTI
BL Technology (https://www.blti.com) offers comprehensive integration solutions in all facets of instrumentation and control systems.BLTI's corporate office and production facility are in Tomball, Texas. 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.
About Inframark
Inframark, LLC (www.inframark.com), 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 services 220 clients with financial, administrative, and specialized support services.
About Generational Equity
Generational Equity, Generational Capital Markets (member FINRA/SIPC), Generational Wealth Advisors,Generational Consulting Group, and DealForce are part of the Generational Group, which is headquartered in Dallas and is one of the leading M&A advisory firms in North America.
The M&A Advisor named the company Investment Banking Firm of the Year three years in a row and Valuation Firm of the Year in 2020. For more information, visit https://www.genequityco.com/