J.F. Brennan acquires IAI dredging and dewatering assetsWritten by Nick Blenkey
La Crosse, Wis.-headquartered specialty marine contractor J.F. Brennan Company Inc. reports that recently finalized the asset acquisition of the dredging and dewatering division of Infrastructure Alternatives, Inc. (IAI).
The purchase brings dewatering, water treatment, and treatability testing services into the Brennan organization for the first time.
Environmental services account for 50% of J.F. Brennan’s work. By adding dewatering and water treatment to its offerings, it increases the accessibility of remediation services nationwide subsequently improving the quality of waterways and the environment.
“We are excited for IAI’s specialists to join the Brennan family,” says Brennan’s vice president of environmental services, Greg Smith. “IAI has been a strategic partner for us on sediment remediation projects for decades. There is no doubt that their expertise in water treatment and dewatering will strengthen our ability to remediate contaminated sites across the country.”
IAI president & CEO Dana Trierweiler says, “J.F. Brennan Company has been a long-standing, trusted teammate of IAI for nearly two decades. We have complemented each other’s services on several successful projects together, and IAI is very proud of that. We’re confident that IAI’s former dredging & sediment dewatering team will be well taken care of at Brennan; they are true professionals.”
With the acquisition, Brennan welcomes 30 new team members in both union and non-union roles, along with a complete collection of dewatering and water treatment equipment. The company has invested heavily in dredging and sediment remediation services since the late 1980s.
“Now that we’re offering water treatment services in-house, our environmental remediation, restoration, and coastal resiliency clients will experience enhanced project scheduling and coordination, and even more competitive pricing,“ says Brennan’s director of business development, Andrew Timmis.
Michigan-based IAI has operated successfully since 2000. “IAI will continue uninterrupted, with a renewed sense of purpose and focus on the services that have been the bedrock of our company: contract operations, engineering, and mechanical support for water and wastewater utilities,” says Trierweiler