Industry
Infrastructure Services
Location
Alexandria, Virginia
Company Overview:
SageWater is the leading national provider of turnkey plumbing and mechanical infrastructure solutions for condominium and apartment communities. They help building owners and operators protect the value of their investments and the quality of residents’ lives by diagnosing piping system problems, designing innovative solutions and delivering lasting results.
Investment Status:
Active
Transaction Date:
2020
Type:
Recapitalization
Transaction Overview:
Grindstone supported the recapitalization of the Company led by the CEO/co-founder after following the management team for over five years. Grindstone brought in Boyne Capital as an investment partner to jointly support SageWater in pursuing its growth initiatives and potential acquisitions.
Seeking:
Looking for add-on acquisitions to expand service capabilities, such as pipe lining or fire suppression, to the current customer base or fill in geographic footprint.
Sagewater.com