Press Releases

Date Title and Summary Additional Formats
Toggle Summary Aegion Completes Transaction with Affiliates of New Mountain Capital to Become a Private Company
ST. LOUIS, May 17, 2021 (GLOBE NEWSWIRE) -- Aegion Corporation, a leading provider of infrastructure maintenance, rehabilitation and protection solutions, today announced the successful completion of the previously announced transaction under which affiliates of New Mountain Capital, L.L.C.
View HTML
Toggle Summary Aegion Corporation Reports 2021 First Quarter Financial Results
Pending Transaction with New Mountain on Track to Close Shortly Following Anticipated Stockholder Approval at May 14 Special Meeting of Stockholders ST. LOUIS, May 10, 2021 (GLOBE NEWSWIRE) -- Aegion Corporation (NASDAQ: AEGN), a leading provider of infrastructure maintenance, rehabilitation and
View HTML
Toggle Summary Corrpro Congratulates 2021 AMPP/NACE Fellow Award Recipient David Kroon
ST. LOUIS, April 21, 2021 (GLOBE NEWSWIRE) -- Corrpro , an Aegion Corporation (NASDAQ: AEGN) subsidiary offering complete cathodic-protection expertise and solutions for pipeline integrity and other critical infrastructure, today announced that David Kroon, Senior Vice President and Senior Fellow,
View HTML
Toggle Summary Aegion Enters into Amended Merger Agreement with Affiliates of New Mountain Capital to Increase Consideration to $30.00 Per Share in Cash
All-Cash Transaction Valued at Approximately $1.1 Billion Aegion Board of Directors Recommends Voting “FOR” Approval of Amended Merger Agreement at Upcoming May 14 Stockholder Meeting ST. LOUIS, April 14, 2021 (GLOBE NEWSWIRE) -- Aegion Corporation (NASDAQ: AEGN) today announced that it has entered
View HTML
Toggle Summary Aegion Board of Directors Determines Unsolicited Third-Party Proposal Could Reasonably Be Expected to Result in a “Superior Proposal”
ST. LOUIS, March 22, 2021 (GLOBE NEWSWIRE) -- Aegion Corporation (NASDAQ: AEGN) today announced that its Board of Directors has determined, after consultation with its outside legal and financial advisors, that an unsolicited, non-binding proposal received from a third party (the “Third Party”)
View HTML
Toggle Summary Aegion Enters into Amended Merger Agreement with Affiliates of New Mountain Capital to Increase Consideration to $27.00 Per Share in Cash
ST. LOUIS, March 15, 2021 (GLOBE NEWSWIRE) -- Aegion Corporation (NASDAQ: AEGN) today announced that it has entered into an amendment to the definitive merger agreement with affiliates of New Mountain Capital, L.L.C. (“New Mountain”, and together with such affiliates “Buyer”), a leading
View HTML
Toggle Summary Aegion Confirms Receipt of Unsolicited Acquisition Proposal
ST. LOUIS, March 12, 2021 (GLOBE NEWSWIRE) -- Aegion (NASDAQ:AEGN) today confirmed that it has received an unsolicited non-binding proposal (the “Proposal”) from another party to acquire Aegion, subject to certain conditions, including due diligence. The Company previously announced on February 16,
View HTML
Toggle Summary Aegion Corporation Reports 2020 Fourth Quarter and Full Year Financial Results
ST. LOUIS, March 10, 2021 (GLOBE NEWSWIRE) -- Aegion Corporation (NASDAQ:AEGN), a leading provider of infrastructure maintenance, rehabilitation and protection solutions, today announced financial results for the fourth quarter and full year ended December 31, 2020.
View HTML
Toggle Summary Aegion Enters Into Definitive Agreement to be Acquired by Affiliates of New Mountain Capital
Aegion Stockholders to Receive $26.00 per Share in Cash Total Enterprise Value of $963 Million Including Net Debt Transaction Implies a 28% Premium Over the 30-Day Volume Weighted Average Share Price Company Expects 2020 Fourth Quarter and Full Year Financial Results  to be in Line with
View HTML
Toggle Summary Aegion Corporation Announces Plans to Divest Energy Services Segment to Focus on Core Municipal Wastewater and Drinking Water Markets
ST. LOUIS, Dec. 14, 2020 (GLOBE NEWSWIRE) -- Aegion Corporation (NASDAQ:AEGN) today announced plans to divest the Company’s Energy Services segment, following Board of Directors’ approval and a review of strategic alternatives for the business that was previously announced on October 28, 2020.
View HTML