Press Release: Cronus Partners : Cronus Partners Announces Acquisition of Environmental Services Company

SOUTHPORT, Conn.--(BUSINESS WIRE)--Cronus Partners LLC is pleased to announce that it acted as financial advisor to Babcock Power Environmental Inc., a Babcock Power Inc. company and a fully integrated environmental company, in its acquisition through a new subsidiary, Geo-Synthetics Systems LLC, of substantially all of the assets of Geo-Synthetics, LLC, a leading installer of geosynthetic materials for industries such as energy, waste disposal, agricultural, and industrial.