February 10, 2014 Share Print
Saw Mill Capital Completes Sale of Denali Water Solutions’ Energy Fluids Division

Briarcliff Manor, NY – February 10, 2014. Saw Mill Capital LLC is pleased to announce that its portfolio company Terra Renewal, d/b/a Denali Water Solutions (“Denali”), completed the sale of its Energy Fluids Division to an independent investment group.

Following this divestiture, Denali will continue to operate its Municipal Waste Water Division, which focuses on the handling and disposal of biosolids on a national basis, with a strong geographic presence in the U.S. Southeast, Southwest and California.

According to Scott Budoff, a Partner at Saw Mill, “Denali’s sale of its Energy Fluids Division is the next step in the planned realization of Saw Mill’s successful investment in Terra Renewal/Denali, following the sale of its Industrial Waste Water Division last August.”

“We are pleased by the progress we have made in accomplishing our strategic plan, and we look forward to being able to focus on maximizing the value of our Municipal Waste Water Division in 2014,” commented Andy McNeill, Denali’s President and CEO.

Denali Water Solutions
Based in Russellville, Arkansas, Denali Water Solutions (fka Terra Renewal) focuses on repurposing organic waste for beneficial reuse by providing mission critical environmental services to municipal customers on a nationwide basis, by providing for the collection, hauling, and disposition of municipal biosolids. For more information about Denali Water, please visit www.denaliwater.com.

About Saw Mill Capital LLC
Based in Briarcliff Manor, NY, Saw Mill Capital LLC is an operations-oriented private equity firm focused on acquiring businesses with $40-150 million in revenues that can be meaningfully grown organically and through acquisitions. Saw Mill Capital partners with senior leadership teams to make control investments in businesses headquartered in North America. Saw Mill brings capital and unique resources to help companies reach their full potential by working collaboratively with senior leadership to create effective business strategies, implement best practices, and provide global market expertise.