CITCO Water announces partnership with Trivest
(UI) — CITCO Water has partnered with Trivest Partners, a Miami-based private investment firm that focuses exclusively on the support and growth of founder-led and family-owned businesses in the U.S. and Canada.
Founded in 1931 and based in Lexington, KY, CITCO Water is a value-added distributor of a diverse mix of water and wastewater chemical solutions, smart meters, integrated technology, hardware (pipes, valves, fittings), outsourced inventory management, and repair solutions.
The company provides an end-to-end solution for critical municipal water and wastewater needs and maintains a unique mix of recession resistant infrastructure repair, replacement, and upgrade products combined with mission critical water treatment chemicals and related technical expertise.
The company serves over 1,500 municipal and contractor customers through 10 strategically located facilities across Kentucky, West Virginia, Ohio, Pennsylvania, and Tennessee.
“The company’s end-to-end water and wastewater solutions will allow CITCO Water to capitalize on the secular growth in waterworks infrastructure repair and retrofit needs,” Frank Hapak, Principal at Trivest. “We look forward to partnering with the CITCO Water team to execute multiple identified organic growth initiatives and pursue strategic add-on acquisitions in the waterworks industry.”
Related News
From Archive
- HDD industry faces challenges as cities push back on fiber drilling disruptions
- 2 workers killed, 1 injured while working on sewer line in Mobile, Ala.
- Tunnel boring continues under Chesapeake Bay for $3.9 billion HRBT Expansion project
- $5.3 billion, 516-mile pipeline to connect Texas to Arizona through New Mexico
- Judge approves construction for key portion of $485 million pipeline in Larimer County, Colo.
- New products: Latest industry developments
- 31 workers rescued after LA tunnel partially collapses
- Ohio Supreme Court rules sewer line location isn’t a ‘defect’ in property dispute
- Faulconer Construction begins rock blasting for water pipeline project in Charlottesville, Va.
- $5.3 billion, 516-mile pipeline to connect Texas to Arizona through New Mexico
Comments