Industry
Infrastructure Services
Location
Alexandria, Virginia
Company Overview:
SageWater is the leading national provider of plumbing infrastructure replacement and re-piping services focused on the multifamily condo and apartment building market. The Company has over 30 years of experience and has re-piped more than 100,000 occupied units and has replaced over 35 million feet of pipe.
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