Palladium Equity Partners Facilitates SES's Acquisition of Hydroblasters Inc.

On July 29, 2025, Superior Environmental Solutions (SES) made a significant move in the environmental services sector by acquiring Hydroblasters Inc., a company based in Wisconsin Rapids, Wisconsin. This latest acquisition is notable for several reasons: it not only marks SES's 10th acquisition in a decade but also signifies the 4th acquisition under the umbrella of Palladium Equity Partners, SES's current private equity sponsor. | The acquisition aligns with SES's strategy to enhance its operational footprint across key regions, particularly in Wisconsin, Michigan, Minnesota, and the wider Midwest area. Founded in 1995, Hydroblasters Inc. specializes in essential industrial services that complement SES’s existing offerings, including hydroblasting, vacuum services, and other critical industrial conduits. This strategic acquisition is part of SES's broader effort to diversify and strengthen its service portfolio. | Currently, SES boasts a workforce of nearly 1,000 and operates from over 64 facilities scattered across 14 states in the Midwest, Southern, and Western regions of the U.S. The comprehensive environmental and industrial service suite offered by SES includes not just hydroblasting and vacuum truck services, but also waste management, product destruction, and specialized tank cleaning services. This diversity in service offerings makes SES a pivotal player catering to a diverse customer base that spans across various industries, including agriculture, food processing, chemicals, automotive, and refining sectors, with more than 1,100 customer locations. | "We are excited to welcome Hydroblasters into the SES family," said John Stevens, CEO of Superior Environmental Solutions. He acknowledged the strong service culture that Hydroblasters has developed under the leadership of Rod Marquette and expressed enthusiasm about the collaborative opportunities this acquisition will present. Marquette, the President of Hydroblasters, echoed Stevens's sentiments, highlighting the potential for growth and service expansion through this partnership. | Scott Kirschner, a Principal at Palladium, also commented on the strategic importance of this acquisition, noting it signifies Palladium’s commitment to SES and its growth trajectory in the environmental services sector. Daniel Ilundain, President of Palladium, emphasized how this acquisition aligns with Palladium’s dedication to enhancing SES’s capabilities and market leadership by leveraging their private equity resources. | The financial specifics of this acquisition have not been disclosed publicly, but the expertise of Keating Muething Klekamp PLL as SES's legal adviser suggests a well-planned transaction. | Founded in 1999, SES has quickly become a market leader among providers of essential, non-discretionary environmental and industrial services, employing innovative methods such as high-pressure water jetting and specialized vacuum equipment services. | For more details about their services, SES invites interested parties to visit their website at http://www.sesinc.com. Similarly, Palladium Equity Partners, established in 1997, has made significant contributions to the private equity sector, managing assets exceeding $3.5 billion and investing successfully in over 240 businesses across various industries. For more information, visit www.palladiumequity.com.