Astara Acquires Dynatec Systems

Astara Capital Partners has acquired Dynatec Systems, a Burlington, New Jersey provider of membrane-based industrial wastewater treatment systems and aftermarket services. Financial terms were not disclosed. Dynatec, founded in 1978, designs, builds, operates and services systems for industrial wastewater discharge and water reuse. Its customers operate across food and beverage, automotive, data center, waste and general manufacturing markets.

Expansion Plans For Treatment Services

Astara plans to invest in Dynatec’s team, expand its design-build-own-operate-maintain model and build its aftermarket service capabilities. The investor also intends to move into adjacent technologies and additional end markets for industrial water and wastewater treatment.

Dynatec specializes in membrane filtration for hard-to-treat industrial waste streams. The company’s systems support treatment for discharge and water reuse.

Leadership After The Deal

Hu Fleming, a water industry leader and Astara strategic advisor, will join Dynatec’s Board of Directors as Executive Chairman. Founder and President Tom Doherty will remain with the business and retain a meaningful ownership stake.

Tom Doherty, founder and President of Dynatec, said:

“I founded Dynatec in 1978 to provide membrane wastewater solutions, and I'm proud of everything our team has accomplished since. Astara is the right partner to carry that legacy forward, and I look forward to seeing the continued growth of the Company,”

Investment In Industrial Water

Astara’s investment will support organic growth initiatives and process improvements as industrial and manufacturing companies face mounting pressure to treat and reuse their toughest waste streams.

Lindsey Tannenbaum, Partner at Astara Capital Partners, said:

“We are excited to partner with Dynatec Systems, a respected leader with decades of experience in industrial wastewater treatment. Industrial and manufacturing companies are facing mounting pressure to treat and reuse their toughest waste streams, and Dynatec's service offering is uniquely suited to help. Our priority is to keep delivering the best-in-class solutions and exceptional service Dynatec's customers count on, while investing strategically in organic growth initiatives and transformative process improvements to meet rapidly growing demand.”