INDUSTRY

Infrastructure Services/Building Products

HEADQUARTERS

Alexandria, VA

Company Overview:

A provider of turnkey plumbing and mechanical infrastructure solutions for condominium and apartment communities. SageWater helps building owners and operators protect the value of their investments and the quality of residents’ lives by diagnosing piping system problems, designing innovative solutions, and delivering lasting results.

Investment Status:

Active. Seeking add-on acquisitions to expand service capabilities to current customer base or expand geographic presence.

Transaction Type:

Minority Recapitalization

Transaction Overview:

Boyne supported the recapitalization of the SageWater led by the CEO/co-founder. Boyne invested alongside Grindstone Partners to acquire a stake in the Company to support SageWater in pursuing numerous growth initiatives and potential acquisitions.