The Vortex Companies Acquires Ricor Services to Support Growth and Demand in the Rocky Mountain Region
(Houston, TX — September 8, 2017)
The Vortex Companies is pleased to announce the recent purchase of Arvada, Colorado based Ricor Services, a municipal utility installation contractor. This acquisition will help Vortex expand its level of service beyond its core pipe bursting and construction management operations. “Vortex has quickly established a presence in this region. Ricor’s experience and strong relationships will help support our continued growth efforts,” stated Mike Vellano, CEO of the Vortex Companies.
Established in 1980, Ricor Services has focused primarily in that area of water, sanitary and storm sewer infrastructure installation. “We have a track record of providing excellent service and solutions to our customers,” stated Wally Rice, President of Ricor Services. “We believe this is an excellent fit and we are looking forward to being a part of an exciting and growing trenchless infrastructure solutions company.” With this acquisition, Vortex will offer a broader range of both trenchless and traditional infrastructure repair, renewal and new installation services. “Ricor has an impeccable reputation and conducts its business with a high level of integrity. We aim to keep it that way,” added Vellano.