Portfolio Details
cleanwater1
cleanwater1 is a leading provider of water and wastewater quality and disinfection solutions for the municipal water and wastewater utility markets, as well as commercial and industrial markets. The company’s water quality solutions focus on disinfection, disinfection residual management, THM reduction, tank mixing, liquid and dry polymer activation to achieve high water quality outcomes, while its wastewater treatment solutions focus on disinfection, solids thickening, dewatering and chemical feed.
Baird Capital invested in cleanwater1 in 2022. A number of characteristics attracted us to invest in the business, including:
• Market leader in a growing market – cleanwater1 is a leading solution provider, with branded solutions and an IP portfolio designed to address water quality issues throughout the water treatment & distribution system. Adoption of these solutions is being driven by strong macro-trends including supply chain resiliency, climate change, increasing population density, aging infrastructure and water scarcity.
• Resilient revenue with strong barriers to entry – cleanwater1 is an established provider in the difficult-to-penetrate municipal water market. A large portion of revenue is consistently derived from recurring parts / services and standard product sales to the company’s installed base.
• Scaled business in a fragmented market – While a leader in its categories, the served market opportunity within the municipal water and wastewater is very large and represents an attractive opportunity to increase the addressable market via increased adoption and movement into adjacent solutions.
Learn more about the company
- Team
- Global Private Equity
- Invested Date
- June 2022
- Status
- Active
- Location
- U.S.
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