Fortress Investment Group has acquired a majority stake in Infra Pipe Solutions, a leading HDPE pipe manufacturer, to enhance product manufacturing and expand market reach amid increasing demand in infrastructure projects across North America.

Target Company Overview

Infra Pipe Solutions (IPS) is a prominent manufacturer specializing in high-density polyethylene (HDPE) pipes and structures. The company, based in Mississauga, Ontario, operates from five production facilities across North America, including locations in Saskatoon, Saskatchewan, Huntsville, Ontario, Rockaway, New Jersey, Pryor, Oklahoma, and Greeneville, Tennessee. Established over 50 years ago, IPS has built a strong reputation for innovation and quality, offering a diverse product range under well-known brand names such as Sclairpipe®, Weholite®, Endopure®, and Enduct®.

IPS has experienced robust growth through a combination of organic expansion and strategic acquisitions, including that of Endot Industries. The company’s offerings cater to a wide range of applications, including potable water transmission, wastewater management, stormwater systems, geothermal solutions, natural gas distribution, and telecommunications infrastructure.

Industry Overview in North America

The HDPE pipe manufacturing industry in North America is witnessing significant growth, driven primarily by increasing investments in infrastructure projects across the region. The demand for HDPE products i