Waterlogic continues to expand its Canadian & American presence.
Grapevine, TX, December 31stth, 2020 --- Waterlogic, a vertically integrated global designer, manufacturer, distributor, and service provider of drinking water systems, is pleased to announce four acquisitions in December: Empire Filtered Water, Krystal Klear Water, Aqua Clear Water Systems’ POU business, and Classwater Inc.
- Empire Filtered Water, acquired from Scott Levy, adds significant density to Waterlogic’s existing operations in Long Island and New York City.
- Krystal Klear Water, acquired from Vince DiRe, extends our direct presence into Buffalo, New York and adds a new Waterlogic branch in Western New York.
- Aqua Clear Water Systems’ POU business, acquired from David and Krista Brewster, bolsters Waterlogic’s existing footprint near Knoxville, Tennessee.
- Classwater Inc, acquired from William Solomon, expands Waterlogic America’s rental and servicing presence throughout Canada.
With the addition of these four acquisitions, Waterlogic completed a total of 12 acquisitions within the last 5 months of 2020.
“We are excited to welcome these customers to the Waterlogic family. The acquisitions mark the end of a great year at Waterlogic and reiterate Waterlogic’s commitment to a dynamic and nimble acquisition process.” -Casey Taylor, CEO, Waterlogic Americas
These acquisitions signify steps in Waterlogic's path towards its growth objectives. Waterlogic continues to dedicate time to grow in the Americas, both through organic sales and acquisitions. More on Waterlogic’s M&A process can be found at www.waterlogic.com/en-us/merger-and-acquisitions or by reaching out directly to our M&A team.
Joshua Forcum, Vice President of M&A, 765-499-7256 or joshua.forcum[at]waterlogicusa.com
Waterlogic is an innovative designer, manufacturer, distributor, and service provider of drinking water dispensers and solutions, designed for environments such as offices, factories, hospitals, restaurants, hotels, schools, and public spaces. From freestanding, countertop, and integrated dispensers to water filling stations, fountains, and boilers, every solution focuses on delivering the best quality water in the most sustainable way. Founded in 1992, Waterlogic became one of the first companies to introduce mains-fed dispensers to customers worldwide and stands at the forefront of the market, promoting product design, water quality, the application of proprietary technologies, sustainability, and world-class sales and service. Waterlogic owns subsidiaries in 17 countries with its leading markets in the US, Australia, and Western Europe, particularly the UK and Germany. In addition, Waterlogic's extensive and expanding independent global distribution network reaches over 50 countries around the world in North and South America, Europe, Asia, Australia, and South Africa. More information can be found at www.waterlogic.com.
Castik Capital S.à r.l ("Castik") manages investments in private equity. Castik is a European multistrategy investment manager, acquiring significant ownership positions in European private and public companies where long-term value can be generated through active partnerships with management teams. Founded in 2014, Castik, based in Luxembourg, focuses on identifying and developing investment opportunities across Europe. Castik Capital Partners GmbH, based in Munich, advises Castik. Investments are made by the Luxembourg-based fund, EPIC I SLP, the first fund managed by Castik, which had its final fund close of EUR 1bn in July 2015. More information can be found at www.castik.com.