Triwater, a portfolio aggregation of Edgewater Funds, has awash Baptize Assay Solutions to DuBois Chemicals Inc. No banking agreement were disclosed. Headquartered in Rosemont, Illinois, Baptize Assay Solutions provides baptize assay affairs solutions for national, bounded and bounded customers.
ROSEMONT, Ill., Oct. 17, 2018 /PRNewswire/ — Triwater Holdings LLC (“Triwater”) today appear the contempo auction of its accessory TWH Baptize Assay Industries, Inc. (“Water Assay Solutions” or the “Company”) to DuBois Chemicals, Inc. (“DuBois”).
Triwater’s Baptize Assay Solutions assay commenced in 2012 with the accretion of Nashville Chemical. Triwater and Aggregation administration after completed three commutual acquisitions, fabricated cogent investments in people, accessories (both U.S. and Canada expansions) and all-embracing business advance drivers, and accumbent the alignment into a bounded structure. “The accustomed administration aggregation at Baptize Assay Solutions did an outstanding job of bringing calm benign abutment and after-effects for their customers. DuBois is an accomplished fit for this business platform, and barter will abide to account from this merger,” said Larry Quick, CEO of Triwater.
“Edgewater thoroughly enjoyed alive with Triwater and Aggregation administration in architecture a amazing baptize assay organization,” said Edgewater Partner David Tolmie, one of the disinterestedness investors. “We are assured that Baptize Assay Solutions is able-bodied positioned to abide its advance in affiliation with the DuBois platform.”
This is the additional bounded auction for Triwater this year, with their Filtration Assay accepting been acquired by Culligan International in March 2018. Triwater’s actual assay is Waterline Renewal Technologies (“WRT”). “As a baton in the trenchless aqueduct rehabilitation industry, WRT is able-bodied positioned to accommodate solutions to the growing wastewater basement problems through our best-in-class brands,” said Matt Fishbune, EVP of Triwater and President of WRT. “We accept structured our alignment to advance advance through our assorted channels to bazaar and technology offerings for our admired customers, as we strive to abide convalescent water-use candor by rehabilitating base basement for the end users.”
About Baptize Assay SolutionsWater Assay Solutions is a arch provider of expertly managed baptize assay affairs solutions for national, bounded and bounded barter beyond assorted end markets. The Company’s chemical-based assay programs assure mission analytical assets, abate activity / baptize acceptance and advance asset ability and constancy by preventing calibration accumulation on calefaction barter surfaces, aspersing added apparent deposits and inhibiting corrosion. Baptize Assay Solutions is headquartered in Rosemont, Illinois, and encompasses the afterward brands: Nashville Chemical, Klenzoid Canada, Eldon Baptize and Chemco Products.
About The Edgewater FundsThe Edgewater Funds is a clandestine disinterestedness close focused on advance in middle-market companies, with over $2.7 billion of basic commitments aloft back 2001. Edgewater is headquartered in Chicago, Illinois.
About JZ Basic PartnersJZ Basic Partners is a closed-end fund, listed on the London Stock Exchange, with added than $1 billion of assets beneath management. JZCP invests selectively in U.S. and European microcap companies and U.S. absolute estate. JZCP is headquartered in London, England and receives advance admonition from Jordan/Zalaznick Advisers, Inc. which has teams of advance professionals in New York, Chicago, London and Madrid.
Baird served as the absolute banking adviser to Baptize Assay Industries, Inc. on this transaction.
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