Stag Technologies Acquired by Vortex Companies
Salt Lake City and Houston—Leading trenchless rehabilitation services company, Vortex Companies, announced today that it has acquired Utah based Stag Technologies, a high-performance coatings manufacturer catering the water, sewer and industrial infrastructure marketplace. “Stag’s management team of Scott Peterson, Matt Peterson and Brock Stone have built a reputation for developing high performance epoxies and other coatings that we believe are unmatched in our industry,” said Mike Vellano, CEO of Vortex Companies. “A lot of our work involves the application of corrosion-resistant products. Stag’s coatings and linings complement our systems.”
“We think it’s a perfect fit,” added Matt Peterson, President of Stag Technologies. “Our ability to custom manufacturer and test a coating to meet very specific project requirements has always been an advantage for us. After successfully partnering with Vortex on several projects, the acquisition made sense. Collectively, I believe we will fill a void in the infrastructure rehabilitation market,” he added.
Stag specializes in developing and delivering 100 percent solids products with ZERO VOCs. They offer a full line of products to handle water, wastewater, industrial infrastructure rehabilitation, as well as specialty materials for commercial flooring and walls. Stag’s in-house formulators have decades of experience in developing environmentally friendly epoxies and urethanes.