Envirosight acquires inspection tools manufacturer MyTana
On 31 July, sewer inspection and rehabilitation technology provider Envirosight completed the acquisition of MyTana Manufacturing.
MyTana is a manufacturer and distributor of cleaning, maintenance and inspection tools for the drain cleaning and plumbing markets.
The acquisition means MyTana will continue to provide its customers with professional-grade tools, while leveraging Envirosight’s expertise to expand its channels to market, diversify its marketing communications, and evolve the technology platform for its inspection products.
MyTana joins Pipeline Renewal Technologies, a supplier of sewer rehabilitation technologies to municipal contractors, in the family of Envirosight companies.
“At Envirosight, we’ve been fortunate to enjoy exceptional organic growth since our inception 15 years ago,” said Enivrosight President Richard Lindner.
“With revenue increasing more than 20 per cent annually in recent years, we now have the means to fund additional expansion through acquisition of companies in kindred markets – ones that share our commitment to innovation and market leading service and support.
“The fit and timing couldn’t have been better; MyTana’s fundamentals were extremely solid, so we pushed to complete this deal in under four months.”
MyTana President Jock Donaldson said that when the company considered its options for an acquisition, Envirosight was a standout.
“MyTana had several suitors, but Envirosight was the clear choice for us,” said Mr Donaldson.
“They’re a company that started with a simple vision and succeeded through hard work, attention to detail, and a commitment to delighting customers.
“They also understand that relentless growth is the key to capturing the market – size simply gives you the resources to accomplish greater things.
“I’m excited to watch MyTana grow with the benefit of Envirosight’s expertise and investment.”
Mr Donaldson will be retiring from his role by end of year; however, MyTana General Manager Dale Graber will stay on with the company and will also join the Envirosight management team.
Envirosight said the continuity of the MyTana brand, facilities, products and customer service standards would be emphasised during transition.
For more information visit the Envirosight website.
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