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Merion Successfully Exits Investment in SRE Environmental

VLS Environmental Solutions Expands Operating Footprint With Acquisition of Merion Portfolio Company, SRE Environmental

HOUSTON, Texas, (February 8, 2023) – VLS Environmental Solutions, LLC, a Houston-based environmental services company and a portfolio company of I Squared Capital, has acquired SRE Environmental, a waste management solutions company in Phoenix, Arizona.

SRE manages millions of gallons of commercial and industrial wastewater throughout the western United States utilizing its large fleet of tanker trucks and other related transportation equipment. The company also offers solid waste management solutions and other industrial services to serve the diverse and growing needs of its clients.

SRE’s evaporation ponds provide safe, economic, and low carbon disposal solutions for compatible wastewaters. Using solar evaporation as the sole source of treatment, the facility is designed for zero discharge and zero processing. This provides clients with an environmentally friendly and a low-emission option for the treatment and disposal of compatible wastewaters.

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