Vortex Companies Announces its Acquisition of Virginia based Tri-State Utilities & Pipe Vision | PR Newswire [Video]

Leading regional trenchless rehabilitation service providers strengthen Vortex’s capabilities and reach geographically and operationally

, /PRNewswire/ — Vortex Companies, LLC (Vortex) announced that it has acquired Tri-State Utilities (Tri-State) and Pipe Vision from National Underground Group, Inc., (National Underground) a portfolio company of ORIX Capital Partners, the private equity arm of ORIX Corporation USA. Headquartered in Chesapeake, VA, Tri-State is a full-service trenchless infrastructure solutions provider serving the Mid-Atlantic and Southeastern United States. Based in Richmond, VA, Pipe Vision offers advanced pipe cleaning and inspection services for its customer base in the Mid-Atlantic and Southeastern United States regions.

“Tri-State is a longstanding customer of our liner and repair materials and carries an exceptional track record within the industry,” said Mike Vellano, CEO at Vortex Companies. “Strategically, geographically, and operationally both companies further strengthen Vortex’s focus on building a platform of technologies to serve our customers unique needs.”

Since 1990, Tri-State has …