Envirosight, a leading provider of sewer inspection and rehab technology, completed the acquisition of MyTana Manufacturing in an all-cash deal on July 31, 2017. MyTana, headquartered in St. Paul, MN, is a major manufacturer and distributor of cleaning, maintenance and inspection tools for the plumber and drain cleaning markets. Going forward, MyTana will continue providing its plumber customers with the professional-grade tools they depend on to stay productive and profitable, while leveraging Envirosight’s expertise to expand its channels to market, diversify its marketing communications, and evolve the technology platform for its inspection products.
“At Envirosight, we’ve been fortunate to enjoy exceptional organic growth since our inception 15 years ago,” says Richard Lindner, President of Envirosight. “With revenue increasing more than 20% 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.”