Press Release: XPV Water Partners, Water Industry Executives Jointly Form Nexom
- New wastewater company led by CEO Thomas M. Pokorsky and President Martin Hildebrand.
- Company formed to be leader in nutrient removal and energy and operating efficiency.
- Created from Winnipeg-based Nelson Environmental Inc., founded in 1997.
- Nexom purchased cloth disk filtration technology; more acquisitions in progress.
WINNIPEG, Man., and GRAFTON, Wis. – Today, CEO Thomas M. Pokorsky and President Martin Hildebrand introduced Nexom, a new company created with the investment of XPV Water Partners to address some of the most pressing needs in wastewater treatment technologies.
“Nexom will lead the nutrient removal and energy and operating efficiency sector of water treatment by combining a number of experienced and growing companies with an exceptional management team along with the best practices in the industry,” said Mr. Pokorsky.
Mr. Pokorsky has run water-sector businesses from start-up to $350 million in revenue, including ITT Industries’ Advanced Water Treatment, Sanitaire, and most recently was an Executive in Residence with XPV Water Partners. Over his 40 years in the industry he has led or been actively involved in more than 15 mergers and acquisitions.
Mr. Hildebrand has more than 20 years’ experience in the water and wastewater industry and successfully led a start-up to become a profitable major player in the industry.
Nexom’s formation began in January 2016 with the acquisition of Nelson Environmental. Nelson was led by Mr. Hildebrand since its formation in 1997 and focused on proprietary technology in nutrient removal as well as aeration and biological treatment. In addition to XPV Water Partners, Mr. Hildebrand and Mr. Pokorsky form Nexom’s ownership group.
“With Nexom, we will be able to rapidly scale to encompass additional technologies,” said Mr. Hildebrand. “In doing so, we will continue to grow the same trust our existing customers and corporate partners place in us, but among a broader range of markets.”
Nexom is backed by XPV Water Partners, the leading growth equity investor focused exclusively on the water sector. “We believe that there is a significant opportunity to assemble a suite of complementary technologies addressing nutrient management and energy efficiency in wastewater treatment, and that we have partnered with the right team to execute on the strategy.” said Mr. David Henderson, Partner, XPV Water Partners.
Nexom has already completed the acquisition of a proven cloth disk filtration technology with the ability to provide tertiary treatment as well as phosphorus removal that meet stringent regulations. A number of other acquisitions are currently in progress or being initiated. The new company will maintain operations in both Canada and the US, through its offices in Winnipeg, Manitoba and Grafton, Wisconsin.
About XPV Water Partners
XPV Water Partners is comprised of experienced water entrepreneurs, operators, and investment professionals dedicated to making a difference in water. XPV partners with, invests in, and actively supports entrepreneurial companies so they can grow and deliver value for all stakeholders. XPV manages over $400 million in investment capital from some of the top institutional investors in North America, Europe, the Middle East, and Asia.
The XPV family of portfolio companies is making a difference in water both by driving more efficient management of the world’s most critical resource and by creating significant shareholder value that can help move the industry forward.
Nexom is a wastewater treatment leader, focused on bringing proven technologies to market for improved nutrient removal and increased energy and operational efficiency.
As nutrient limits and energy costs expose the limitations of existing wastewater solutions, consulting engineers need new tools they can trust. Through a rigorous proving process and pre-project support that produces final design-ready drawings, Nexom makes leading technologies accessible so engineers can confidently exceed any municipalities' or industry's demands.
Marketing & Communications Manager