Portfolio Company ‘Cleanwater1’ Acquires ‘Velocity Dynamics’
Baird Capital portfolio company Cleanwater1 recently announced the acquisition of Velocity Dynamics, LLC, a solutions provider of branded, proprietary dry and liquid feed systems for the optimization of chemistry in water and wastewater utilities and industrial plants.
“The cost of chemistry for our customers has increased dramatically in recent years,” says David Stanton, Chief Executive Officer of Cleanwater1. “At the same time, the pressure to meet tough environmental goals is driving up the use of chemicals. Having the best two teams in the industry come together to solve for better water at lower cost is exciting.”
Baird Capital invested in Cleanwater1—formerly known as UGSI Solutions – in 2022.