William Blair acted as the exclusive financial advisor to Atlantic Pipe Services (APS) in connection with its sale to Eagle Merchant Partners. The transaction closed on December 1, 2025.
About the Companies
APS is a leading provider of inspection, cleaning, and rehabilitation services for stormwater and wastewater infrastructure across Florida. Founded in 2017, APS has grown into one of the largest providers of water infrastructure services in the region. The company provides a full suite of maintenance and trenchless rehabilitation services to municipal and commercial customers from its seven locations across Florida.
Eagle Merchant Partners is a private equity firm focused on control investments in founder-owned companies in the Southeastern United States. The firm targets opportunities in the franchise, multi-unit, and commercial services sectors and partners closely with management teams to scale operations and create enduring value.
Learn more about our supply chain and commercial services investment banking expertise.