SageWater Renew is a provider of corrosion reduction services for plumbing in multifamily, senior care, and hospitality properties, founded in 2014. The Company’s Renew corrosion treatment is continuous and generates a strong recurring revenue base. The treatment reduces plumbing failures and gives owners time to put aside money for a pipe replacement.
Grindstone partnered with the CEO/co-founder of SageWater to create a company that could offer a recurring service to address an unmet need of multi-family property owners. This business leverages the SageWater brand and contacts in the marketplace.
Focused on scaling the business, but open to folding in other domestic water treatment companies. Also looking to hire a salesperson and general manager.