Infrastructure Renewal Company Acquires Two Industry Leaders in Pipe Inspection and Rehabilitation


Posted January 20, 2023 by smusngi

Infrastructure Renewal Company (IRC) has officially acquired Insta-Pipe, Inc. and IPI, Inc. The official announcement was made in Phoenix, Arizona on January 10, 2023.

 
Infrastructure Renewal Company (IRC) has officially acquired Insta-Pipe, Inc. and IPI, Inc.

Dennis Smith, the founder of both Insta-Pipe and IPI, with over 40 years of industry experience will remain active with both organizations as a consultant and strategic partner. The official announcement was made in Phoenix, Arizona on January 10, 2023.

Jason Walborn recently appointed CEO of Insta-Pipe, and Kent Jordan President of IPI, will continue their roles, respectively, in addition to holding executive positions as officers within IRC. Smith stated, “I am honored and humbled to have someone with Jason’s background lead Insta-Pipe. He lives and breathes our purpose of delivering innovative solutions for our clients.”

Walborn added, “For many years I’ve witnessed Insta-Pipe and IPI’s ability to deliver on challenging projects. I am excited to be part of a purpose-driven organization and expand the company’s offerings and solutions to new markets.” Jordan, President of IPI also shared his excitement saying, “I am very excited to have the opportunity to expand on the foundation that Dennis Smith has laid for us. The leadership and knowledge that Jason has set our companies up for success in the future.”

Before the acquisition, Insta-Pipe and IPI were known for tackling complex projects in the trenchless rehabilitation industry since the 90s. Insta-Pipe was one of the first UV-light cure-only shops in the country and will continue to focus on UV-light cure solutions with an emphasis on larger diameter pipeline infrastructure. IPI will continue to invest in and provide trenchless inspection technologies for engineers and municipalities using the latest advanced high-definition camera-equipped robotics.
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Contact Email [email protected]
Issued By Infrastructure Renewal Company (IRC)
Business Address 20806 N. Tatum Blvd, Suite 300 Phoenix, AZ 85050
Country United States
Categories Business , Construction , Engineering
Tags mergers , acquisitions , water markets , water and wastewater , pipe inspection
Last Updated January 20, 2023