Source Capital, through two of its SBIC funds, is pleased to announce its investment in World Water Works ("WWW" or the "Company"), North America's leading provider of innovative water and wastewater treatment systems and value-added services to municipalities and businesses around the world. Source Capital's investment supported a significant growth investment in WWW, led by private equity sponsor Chartwell Investments Entrepreneur & Founder Capital ("CHIEF Capital"), to fund WWW's expansion and innovation initiatives.
Founded in 1998 and headquartered in Oklahoma City, OK, WWW is a mission-critical partner to industrial and municipal clients worldwide that seek to improve their communities through implementing advanced, cost-effective, preeminent water and wastewater treatment solutions. WWW focuses on operational and technological excellence, utilizing a design philosophy that emphasizes performance, flexibility and durability, to yield superior water quality at the lowest life-cycle costs. The Company's team of passionate water professionals develop expertly engineered products, solutions, and services with a uniquely customer-centric approach.
"We have a longstanding relationship with CHIEF Capital and are excited to partner on our fourth investment together," said Joe Rodgers, Managing Director at Source Capital. "WWW has an impressive history of providing best-in-class water and wastewater treatment solutions and we look forward to supporting the Company on its next phase of growth."
About Chartwell Investments Entrepreneur & Founder Capital (CHIEF Capital)
CHIEF Capital provides flexible private equity for entrepreneurs, family-owned businesses, and corporate carveouts. The firm partners with management owners to help realize their visions and provide long-term capital, resources and expertise to accelerate growth and provide generational liquidity. With 50+ years of experience, over $900 million of recent transaction value, 7 current platform investments and 18 recent add-on acquisitions, CHIEF Capital focuses on lower middle market companies with an emphasis on niche manufacturing, business services, transportation and logistics, and healthcare services segments. Please visit Chiefcap.com for more information.
About Source Capital
Source Capital is an Atlanta, GA based private investment firm that has been providing flexible equity and debt capital to lower middle market companies for over 20 years. The firm has a value-added investing approach that brings (i) patient capital focused on long-term value creation; (ii) collaborative partnerships with management teams, founders/owners, private equity investors and independent sponsors; and (iii) strategic and operational resources to its portfolio companies. To learn more about Source Capital or to discuss a new equity or debt investment opportunity, please reach out to a member of our investment team or visit www.source-cap.com.