Edgewater Capital Partners Acquires AmeriWater

Innovating water purification solutions for healthcare and industrial applications

Cleveland, OH; July 19, 2022 Edgewater Capital Partners (Edgewater), a private equity firm focused on investing in performance materials and services businesses, executed on the firm’s water filtration thesis with the acquisition of AmeriWater, an industry leader in the design, manufacture, installation, and supply of water purification systems and services for the healthcare sector, including dialysis and sterile processing, as well as industrial applications.

“AmeriWater has a deep understanding of the critical role high-purity water plays for varying sectors and applications, and this expertise is applied throughout the company’s broad product offering,” said Edgewater Capital Partners Managing Partner Ryan Meany. “We are excited to support the company’s continued growth and expansion through product development, end market expansion, and technological advancements.”

Water quality requirements are complex in any sector, but AmeriWater is focused on solutions that meet every specialized challenge in rapidly evolving regulatory environments.

“This is an industry demanding innovation,” said AmeriWater CEO Dennis Mahoney. “Water treatment is required for a variety of medical, industrial, and commercial applications, each with its own unique standards and requirements. For medical, specifically, purification solutions directly affect and enhance patient outcomes in dialysis clinics or hospitals.” Dennis added, “Customers can expect the same high level of quality and expertise they’ve come to know from AmeriWater – along with an increased level of investment toward product development and innovation.”

About Edgewater Capital Partners

Edgewater Capital Partners, headquartered in Cleveland, Ohio, is a sector-focused private equity firm investing in lower middle-market performance materials and services businesses. Edgewater has extensive experience and expertise in the specialty industrials, advanced materials, specialty chemicals, and life sciences sectors. Twenty years of industry-specific investing has enabled the firm to develop a deep understanding of the complexities and nuances common to these businesses. The Edgewater Difference is summarized by its three foundational pillars: deep sector expertise, Midwestern values and culture, and growth-enabling philosophy. For more information on Edgewater Capital Partners, visit www.edgewatercapital.com.

Taft Stettinius & Hollister LLP was retained as legal counsel to Edgewater.

Lincoln International was retained by AmeriWater as its exclusive financial advisor.

Back to News