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Valicor Environmental Services Hires Rizk Ghafari as Chief Operating Officer

Utilizing his deep experience in Lean manufacturing operations and Six Sigma, Rizk will focus on optimizing and scaling operations across the company

MONROE, Ohio, June 5, 2020– Valicor Environmental Services (“Valicor”), one of North America’s largest providers of non-hazardous wastewater treatment services, today announced the hiring of Rizk Ghafari as the company’s Chief Operating Officer.  Mr. Ghafari brings to Valicor more than29 years of industry experience and will be responsible for leading the company in its effort to optimize and scale operations and complete strategic acquisitions.

“We are thrilled to have Rizk join the team at Valicor,” said Gregg Kaplan, Valicor CEO.  “Not only does he have deep technical and operational talents including Lean Manufacturing and Six Sigma certification, but he has a history of building and managing empowered and successful teams.  He has a collaborative approach that will integrate well with our strategic goal of building the best team in the wastewater treatment business.”

Mr. Ghafari has nearly three decades of experience driving manufacturing optimization, lean/six sigma, advanced manufacturing processes and organizational development by utilizing proven techniques andnew innovation as well as knowledge from inside and outside the industries he has served.  He joins the company from the $1.2 billion TEAM Industrial Services where he was the Executive Vice President – Global Engineering and Manufacturing.  In this role, he was responsible for overseeing 9 facilities and 7 engineering offices around the world.

Mr. Ghafari also has worked in Engineering and Manufacturing roles at National Oil well Varco, Goodman Manufacturing and Ford Motor Company where he spent several years in manufacturing and engineering positions around the globe. He has a Bachelor of Science in Mechanical Engineering and a Master of Engineering in Manufacturing Systems, both from Lawrence Technological University and a Master of Engineering Management from Wayne State University.  He also has won numerous awards and recognitions over the course of his career and has been well-trained in Lean, Six Sigma and many other operational disciplines.

“I am honored to serve the talented team at Valicor as COO, and I am very excited to lead the largest provider of non-hazardous wastewater treatment services in North America into its next phase of growth, innovation, standardization and operational Excellence (One Valicor),” said Mr.Ghafari.  “I look forward to working closely with the Board, CEO – Gregg Kaplan, and Valicor’s talented employees to provide our customers with environmentally responsible, safe, timely, and reliable services while increasing profitability and enhancing value for our shareholders.”

Valicor is owned by Pritzker Private Capital, which partnered with management in July 2019. Valicor’s strategy focuses on both developing greenfield centralized wastewater treatment (“CWT”) facilities and acquiring operators of CWT facilities as well as other providers of waste management and environmental services, including materials recycling, used oil processing, product destruction, landfill solidification, and related services. Valicor has a strong presence across the Midwest, and with its February 2020 acquisition of Affiliated Wastewater Environmental Services, the company has is expanding its presence throughout the Western United States.

About Valicor Environmental Services

Based in Monroe, Ohio, Valicor is one of the largest providers of non-hazardous wastewater treatment services in North America. Leveraging its extensive fleet of tankers and a network of strategically located centralized wastewater treatment facilities, the company transports and processes diverse wastewater streams that result from the manufacture of industrial and consumer goods. Valicor’s mission-critical services allow customers to meet federal, state, and local regulations by safely and responsibly disposing of oily water, leachate, soaps, line flush waste, and similar waste streams. The company also provides a diverse set of landfill solidification and product destruction services. Valicor is an ISO 14001 certified organization and takes great pride in its environmental compliance process.

Additional information about Valicor is available at valicor.com.

About Pritzker Private Capital

Pritzker Private Capital partners with middle-market companies based in North America with leading positions in the manufactured products, services and healthcare sectors. The firm’s differentiated, long-duration capital base allows for efficient decision-making, broad flexibility with transaction structure and investment horizon, and alignment with all stakeholders. Pritzker Private Capital builds businesses for the long term and is an ideal partner for entrepreneur and family owned companies.

Additional information about Pritzker Private Capital is available at www.ppcpartners.com.