Quench Acquires Assets Of Carolina Pure Water Systems In Raleigh

Posted On: 7/23/2019

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KING OF PRUSSIA, PA -- Quench, an operating segment of AquaVenture Holdings Ltd., has announced its acquisition of substantially all of the assets of Carolina Pure Water Systems LLC, a point-of-use water filtration company based in Raleigh, NC. This acquisition adds more than 2,200 customers to Quench's customer base in the high-growth Raleigh-Durham metro area.

"We are thrilled to have acquired Carolina Pure, and to have founder Steve Cole join the Quench family," said Quench chief operating officer Todd Peterson said. "Carolina Pure was one of our independent dealers, demonstrating our continued success in providing attractive exit opportunities to the great entrepreneurs that form our extensive and growing Pure Water Technology, Wellsys and Bluline indirect business."

The move follows Quench's June acquisition of Aguaman Inc. , a point-of-use water filtration company based in Miami, FL.

AquaVenture Holdings is a multinational provider of "water-as-a-service" solutions that provide a source of clean drinking and process water, primarily under long-term contracts that minimize capital investment by the client. AquaVenture is composed of two operating platforms: Quench, a leading provider of filtered water systems and related services with more than140,000 units installed at institutional and commercial customer locations across the U.S. and Canada; and Seven Seas Water, a multinational provider of desalination and wastewater treatment solutions, providing more than 8.5 billion gallons of potable, high purity industrial grade and ultra-pure water per year to governmental, municipal, industrial and hospitality customers.

Quench USA Inc. offers "WAAS" solutions by providing filtered water systems, including bottleless water coolers, ice machines, sparkling water dispensers and coffee brewers, to customers and independent dealers across the United States and Canada. Its point-of-use treatment systems provide filtered water to a government, education, healthcare, manufacturing, retail, hospitality, and other large commercial customers. Quench has sales and service operations across North America serving more than 50,000 customers, and a network of more than 250 independent dealers selling Quench products under the brand names Pure Water Technology, Wellsys and Bluline.