HKW, a middle-market private equity firm focused on growth companies, has acquired Sepratech Liquid Solutions (“Sepratech”).
Sepratech is an industrial water and wastewater treatment service provider headquartered in Gonzales, LA. Founded in 1989, Sepratech offers solutions across the Gulf Coast specializing in clarification, filtration, demineralization, service contracts, and aftermarket support.
“HKW shares our goal of accelerating our company’s growth while maintaining the high regulatory, safety and environmental standards that Sepratech has historically provided our customers,” said industry veteran Patrick Troy, who joined Sepratech as CEO at the closing of the transaction. “Their expertise and support will be instrumental as we seek to expand through new initiatives in marketing, sales, and operations.”
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“Sepratech fits right into HKW’s core strategy of helping grow mission critical engineered solution manufactures and distributors,” Laurence Lederer, Partner at HKW, says. “HKW is assembling a team around Patrick Troy, that will give Sepratech the opportunity to grow quickly and also providing operating assistance to help the company maintain high quality and customer satisfaction requirements. We are particularly happy that Zach Nichols, a HKW operating executive, who was formerly with ProAct Services a previous HKW investment will be joining the team at closing.”
SOURCE: Businesswire