Norwest acquires East Range Group
The provider of high-purity water systems and services serves pharmaceutical, life sciences, semiconductor, and other mission-critical industries across North America.
Takeaways
- East Range Group is a provider of high-purity water systems and services for mission-critical applications.
- Norwest is acquiring East Range Group.
- The target serves mission-critical industries including pharmaceutical, life sciences, healthcare, semiconductor, food and beverage, an. across North America.
Norwest has formed a platform around East Range Group, a family of high-purity water systems and service companies serving mission-critical industries across North America.
Its regional teams provide preventative maintenance, emergency response, calibration, and validation services to pharmaceutical, life sciences, healthcare, semiconductor, food and beverage, and specialty manufacturing customers.
"Across ERG, our teams work every day to support customers whose operations depend on mission-critical high purity water systems," said Tyler Hogan, Co-CEO of East Range Group.
The partnership provides long-term capital and resources to accelerate ERG's growth and invest in its people, customers, and capabilities, with Co-CEOs Michael Donovan and Tyler Hogan continuing to lead.
BMO Capital Markets served as an advisor to ERG, and Weil, Gotshal & Manges LLP, Morrison & Foerster LLP, and Osler, Hoskin & Harcourt LLP served as legal counsel to Norwest.
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