PumpMan Enters the Phoenix Market with the Acquisition of Southwest Waterworks Contractors
SADDLE BROOK, N.J., July 9, 2018 /PRNewswire/ — PumpMan, a leading nationwide provider of pump service and repair, successfully completed the acquisition of Phoenix, Arizona-based Southwest Waterworks Contractors Inc. Specializing in design, installation and repair of pumps and pump systems, Southwest Waterworks serves the municipal and private utility markets in the greater Phoenix metropolitan area.
“Phoenix is one of the fastest growing metropolitan areas in the U.S., adding more than a million residents since 2000,” said Donald Devine, President and CEO of PumpMan. “With this rapid growth, there’s a tremendous need for increased capabilities and scale within the water and wastewater industry. We look forward to building on the knowledge and expertise of Southwest Waterworks and providing the tools and support necessary to enable the company to meet the region’s increased water demands.”
Post-close, former owners John Baily and Mike Richardson will continue to lead the company and support near-term growth initiatives. As part of the growing PumpMan network, the Company will transition to “A PumpMan Phoenix Company” later this year, providing the same innovative solutions customers have come to reply upon.
“Both PumpMan and Southwest Waterworks share the same values and commitment to our customers and technicians. Therefore, it was a natural fit for Southwest to become a part of this rapidly growing network and provide long-term stability for our employees,” said John Bailey and Mike Richardson, Owners of Southwest Waterworks Contractors. “PumpMan will be able to build on the success of our hard work, and we look forward to watching it grow.”
About PumpMan Holdings LLC
With roots in Southern California and dating back to 1976, PumpMan currently provides onsite service, repair, parts and expertise to the commercial, municipal and industrial markets in Southern California (PumpMan SoCal), Northern California (Bartley Pump), the Greater Philadelphia area (PumpMan Philly), and the Pittsburgh market (PumpMan Pittsburgh), and the New York Metro Area (Federal Pump). For more information, visit www.pumpman.com.
About Soundcore Capital Partners LLC
Soundcore Capital Partners, LLC, founded in 2015, is a New York City-based private investment firm specializing in control equity investments and leveraged buyouts of lower middle market North American (US or Canada) headquartered businesses. For more information, visit www.soundcorecap.com.
PumpMan Holdings LLC
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SOURCE PumpMan Holdings