Clockspring|NRI announced March 2 that Frank Firsching will succeed Matt Boucher as CEO effective immediately. Boucher is stepping down after leading the transformation of the company over the last few years.
“We thank Matt for his leadership and laying the foundation for the success of ClockSpring|NRI, including the acquisition and integration of six companies and achievement of nearly 30 percent annualized organic growth over his tenure,” said Alex Washington, Managing Director, Wind Point Partners, a Chicago-based private equity investment firm that acquired ClockSpring|NRI in January 2019.
Firsching brings close to 30 years of experience starting, leading and building businesses serving the oil and gas, water and wastewater, and power utility industries, with an emphasis on pipeline rehabilitation technologies over the past 15 years.
Most recently, Firsching served as the president of the $600 million Infrastructure Solutions business unit of Aegion Corp. He was a founding partner in Underground Solutions Inc. which was sold to Aegion in 2016. He spent 13 years with USFilter, where he was president of the $1 billion Water & Wastewater Systems Group from 2001-2006. Frank has a bachelor’s in Mechanical Engineering from the University of Virginia, an MBA from the Wharton School at the University of Pennsylvania and is the immediate past chair of the North American Society for Trenchless Technology (NASTT).
“As we look to scale the platform, Frank’s deep understanding of the technical, regulatory and commercial landscape will provide strong leadership as we continue to meet the evolving needs of infrastructure asset owners,” said ClockSpring|NRI Board Chair Guy Broadbent.
“ClockSpring|NRI is shaping the future of critical infrastructure renewal by delivering solutions built around high performance composite materials, specialty valves and geopolymer offerings designed to extend infrastructure asset lives while minimizing downtime, maximizing cost-effectiveness and adhering to the strictest industry safety standards,” Firsching said. “I look forward to supporting the continued growth of the business and delivering value for our customers and business partners.”