Divestiture of International Erosion Control Systems, Inc.
Transaction Details
Location: Tampa, Florida
Industry: Environmental Engineering
International Erosion Control Systems, Inc. (IECS USA), leaders in the development of state-of-the-art erosion control products for over 30 years, has been acquired by Dice Enterprises, Inc.
IECS USA, manufacturer of the Cable Concrete System, one of the most advanced engineering technologies on the market, offers cutting-edge erosion control solutions to a wide variety of flood-related problems. They are known for their cost-effective technology due to the utilization of local concrete and labor, their durable system that mitigates the effects of long-term erosion, the reusability of their mats for multiple applications, safety and stability, and their prioritization on customer satisfaction.
Davis Martindale Corporate Finance advised International Erosion Control Systems, Inc. (the seller) in this transaction.