Platform Partners LLC has invested in Progressive Pipeline Management, enhancing growth prospects in the trenchless pipeline rehabilitation sector.

Information on the Target

Progressive Pipeline Management, LLC (PPM) is a premier trenchless pipeline rehabilitation contractor, established in 2002 and based in Wenonah, NJ. The company specializes in restoring aging, damaged, or leaking underground infrastructure, primarily focusing on natural gas utility distribution pipelines of various dimensions. PPM has distinguished itself as a pioneer in the industry by employing cured-in-place lining (CIPL) technology for pipeline rehabilitation, which allows for minimal disruption to surface activities while effectively addressing underground infrastructure needs.

As the exclusive licensee of the starline® technology system in North, Central, and South America, PPM's CIPL process involves inserting a custom-fit liner into existing host pipes. This innovative approach not only extends the pipeline's useful life by up to 100 years but also reduces greenhouse gas emissions, emphasizing PPM's commitment to sustainable practices in infrastructure management.

Industry Overview in the Target’s Specific Country

The infrastructure repair and rehabilitation industry in the United States is experiencing significant growth due to aging infrastructure and increasing investment in public works. As cities grapple with deteriorating pipelines, the demand for trenchl