Palladium Equity-backed Superior Environmental Solutions Acquires Wisconsin-Based Hydroblasters Inc.- SES' 10th Acquisition and 4th Under Palladium Ownership
WISCONSIN RAPIDS, Wis., July 29, 2025 /PRNewswire/ -- Superior Environmental Solutions ("SES"), a market leading provider of mission-critical, essential, and non-discretionary environmental and industrial services, and a portfolio company of Palladium Equity Partners, LLC ("Palladium"), today announced the acquisition of Hydroblasters Inc. The acquisition further expands SES's operational footprint and strengthens its market presence in Wisconsin, Michigan, Minnesota and across the Midwest. The acquisition marks SES' 10th acquisition in the past ten years and its 4th during Palladium's two-year ownership.
Based in Wisconsin Rapids and founded in 1995, Hydroblasters delivers a suite of recurring, essential industrial services closely aligned with SES' offerings, including vacuum services, hydroblasting, and industrial services.
SES, with a workforce of nearly 1,000 employees, operates from over 64 facilities across 14 states in the Midwest, Southern, and Western United States. The Company offers a full suite of environmental and industrial solutions, including hydro blasting, vacuum truck services, waste management, product destruction, tank cleaning, and a range of other technical services. SES serves a diverse base of more than 1,100 customer locations across key end markets such as agriculture, food processing, chemicals, metals, utilities, automotive, and refining.
"We are thrilled to have Hydroblasters join the SES family," said John Stevens, CEO of SES. "Rod Marquette and his team have built a strong, service-oriented business, and we look forward to working closely with the team as we expand SES' reach and capabilities in the Midwest."
Rod Marquette, President of Hydroblasters stated, "Partnering with SES, a leader in industrial and environmental services, marks an exciting next chapter for us. We're eager to collaborate with the SES team and their private equity sponsor, Palladium. This partnership positions us to create meaningful opportunities for our employees and deliver even greater value to our combined customers."
Scott Kirschner, Principal at Palladium, commented, "Palladium is pleased to support SES' latest acquisition, its fourth under our ownership in less than two years. This transaction will help SES accelerate its position as a national leader in environmental and industrial services and further grow and expand its operations in the Midwest."
Palladium President Daniel Ilundain added, "This transaction reflects Palladium's dedication to supporting SES's outstanding leadership team to drive long-term value and strengthen its position as an industry leader."
Financial terms of the transaction were not disclosed. Keating Muething & Klekamp PLL served as legal advisor to SES.
About Superior Environmental Solutions
Founded in 1999, Superior Environmental Solutions (SES) is a leading provider of mission-critical, non-discretionary, environmental and industrial services, including high-pressure water jetting, vacuum equipment services, waste management, specialized tank cleaning and other technical services. For more information about SES, visit http://www.sesinc.com.
About Palladium Equity Partners, LLC
Palladium is a private equity firm with over $3.5 billion of assets under management. The firm invests in the middle market, focusing on companies in the U.S. Hispanic market, founder and family-owned businesses, and those with accretive M&A opportunities. The partners of the firm have significant experience in the consumer, services, industrials, and healthcare sectors. Since its founding in 1997, Palladium has invested in more than 240 businesses, including 41 platforms and over 200 add-ons. For more information, visit www.palladiumequity.com.
Contacts:
Jeff Sweren, Chief Financial Officer
[email protected]
513-682-4275
Jeffrey Taufield / Todd Fogarty
[email protected] or [email protected]
212-521-4800
SOURCE Superior Environmental Solutions; Palladium Equity Partners
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