Bruss Investment Group backed SolmeteX Acquires Healthcare Compliance Service.
Brussels – May 18, 2016 – Bruss Investment Group announced that its portfolio company, SolmeteX (the “Company”), has acquired Healthcare Compliance Service (“HCS”). The acquisition marks the first add-on to the SolmeteX platform. HCS provides the Company with complementary offerings in the healthcare waste management industry, and allows SolmeteX to broaden its offering with compliance consultation, training services, and product distribution. Bruss partnered with Gemini Investors on its investment in Solmetex and the recent acquisition.
SolmeteX was founded in 1994 and acquired by Layne Christensen Company in 2007. SolmeteX uses its in-depth knowledge of water treatment to develop some of the highest performing products at the lowest capital cost and operating costs in the industry. SolmeteX technologies are operating around the world in municipal, industrial, medical and home environments safely removing hazardous materials from water, wastewater, soil and air. SolmeteX, uses its expertise in chemistry and materials science separations to develop unique, high performance, separation technologies.