Union Park Capital has made a majority investment in HydroGeoLogica, Inc., enhancing LRE Water's consulting services in the mining sector by forming a new Mining Services Group.

Information on the Target

Union Park Capital, a Boston-based private equity firm, has announced its majority investment in HydroGeoLogica, Inc. (HGL), a specialized mining consulting firm based in Golden, Colorado. Established in 2007, HGL has gained recognition for its expertise in geologic, hydrogeologic, and geochemical sciences, focusing on mine water and waste management. HGL has built a strong presence globally, having worked on projects across six continents, thereby securing its reputation as a trusted partner in the mining industry.

Under this new partnership, HGL will join LRE Water, a Spheros Environmental Company, to form a new Mining Services Group. This collaboration enhances LRE Water's capabilities, leveraging HGL's specialized knowledge along with LRE Water's extensive resources in water rights, groundwater modeling, and environmental permitting, ultimately benefiting clients in both organizations.

Industry Overview in the Target’s Specific Country

The mining consulting industry in the United States is a vital segment of the larger environmental sector, addressing increasingly complex challenges associated with resource extraction. As sustainability concerns grow, the demand fo