#USA #Burlington #Astara Capital #Dynatec Systems #industrial wastewater

Astara Capital Partners Strengthens Its Portfolio with Dynatec Systems Acquisition

In a significant development in the industrial sector, Astara Capital Partners, a prominent middle-market private equity firm, has successfully acquired Dynatec Systems, a leading provider of advanced wastewater treatment solutions. This acquisition marks a vital expansion of Astara's investment portfolio and highlights the growing importance of sustainable water management practices across various industries.

Founded in 1978 and located in Burlington, New Jersey, Dynatec specializes in membrane-based technologies designed for industrial wastewater treatment. The company has built a reputation for its innovative approach, serving a diverse clientele across multiple sectors, including food and beverage, automotive, and general manufacturing, among others. With years of expertise and a robust service network, Dynatec is well-positioned to meet the rising demand for advanced wastewater treatment systems.

Astara’s acquisition is not merely a transaction; it is a strategic move aimed at leveraging Dynatec’s technical expertise to enhance its growth trajectory. Lindsey Tannenbaum, an Astara partner, emphasizes the necessity for industrial and manufacturing companies to address stringent regulations and the increasing need for environmental sustainability. “Dynatec's solutions are uniquely geared towards assisting companies in treating and recycling their waste streams,” she states.

In response to global challenge such as water scarcity and the pressing need for improved industrial practices, Astara plans to boost Dynatec’s capabilities by investing in its design and build operations, fostering the development of innovative technologies, and expanding its market presence into new industries. This strategic investment aligns with national trends, such as the reshoring of manufacturing to North America and increasing regulation regarding industrial discharge, which create powerful long-term tailwinds for the wastewater treatment sector.

Leadership continuity is assured in this acquisition, as Tom Doherty, the founder and current president of Dynatec, retains an ownership stake and will continue guiding the company. Moreover, Hu Fleming, known for his extensive experience in the water industry, will join Dynatec's Board of Directors as Executive Chairman, signaling a commitment to uphold the legacy and further innovations that Dynatec represents.

Both companies have expressed enthusiasm about the collaboration’s potential. Doherty, who established Dynatec with a vision for creating effective and efficient wastewater solutions, believes that Astara is the right partner to carry the company forward. “I’m proud of our accomplishments and excited about the growth potential with Astara as our partner,” he remarked.

As industries globally face increasing scrutiny from regulators and customers alike regarding their environmental impact, the need for effective wastewater treatment and recycling solutions becomes critical. Astara Capital Partners recognizes this trend and aims to position Dynatec Systems as a frontrunner in the evolving landscape of industrial wastewater treatment.

The legal aspects of this acquisition were handled by Dentons LLP and Robinson, Bradshaw & Hinson, P.A., with financial terms remaining undisclosed. This acquisition is expected to strengthen Astara's portfolio, highlighting an integrated approach to investments that prioritize sustainability and operational excellence in the water infrastructure sector.

For additional information about Dynatec and their services, the company’s website can be accessed at www.dynatecsystems.com. Further details about Astara Capital Partners and their investment strategies are available at www.astaracapital.com.