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BAKER TANKS
ACQUIRIES CAMERON ENVIRONMENTAL “The acquisition of CEI is perfectly aligned with our filtration growth strategy. The Company brings the critical technical expertise and experience base to supplement Baker Tanks’ strong market presence and operating infrastructure,” said Bryan Livingston, CEO of Baker Tanks. “Mr. Emanuel (the Seller and former CEO) will stay on board as Vice President and will lead Baker Tanks’ filtration business nationally. These are exciting times for Baker Tanks given the strong growth in both our traditional business and in new products and markets. This acquisition serves as another key step in our continued efforts to expand our service offering,” added Livingston. Baker Tanks has led the industry in liquid containment for more than 60 years and offers the industry’s largest rental fleet of tanks, boxes, pumps and filtration equipment. Nationally recognized as the industry pioneer in innovative solutions, unsurpassed service, and an unmatched ability to respond, Baker Tanks continues to maintain its leadership role with more equipment, more solutions, and more locations than any one else in the business. Baker Tanks continues to seek acquisition opportunities which strategically complement its core equipment rental business in steel tanks, roll-off boxes, poly-tanks, pumps and filtration. About Baker Tanks Since pioneering the industry over 60 years ago, Baker Tanks has grown to become the largest and most experienced liquid and solids containment rental company in the world. Founded in 1942, Baker Tanks focused primarily on renting steel temporary storage tanks to the oil field industry. Today, they inventory over 15,000 pieces of equipment with more than 17 varieties of tanks, roll off boxes, pumps, filtration and specialty equipment. Baker provides innovative solutions to an ever-expanding number of markets that include: Chemical, Manufacturing, Refining, Construction, Municipal, Industrial services, Environmental, Remediation, Power generation, Aerospace, Food processing, Tank terminal/pipeline operations, Transportation, Pulp and paper, Mining, Electronics Wastewater, and many others.
Baker Tanks is owned by Code Hennessy & Simmons LLC (CHS). Founded in 1988, CHS is a private equity firm that manages approximately $1.5 billion in capital in four funds. CHS focuses on building shareholder value in middle-market manufacturing, distribution and service companies through strong relationships with management teams and sound investment strategies.
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