Baird Capital’s UK private equity group has acquired a majority interest in Clearwater Group, a provider of water treatment, hygiene, engineering and pump services to customers across the UK.
As part of the transaction, Baird Capital Managing Director, James Benfield will join the Clearwater board of directors.
Headquartered in Camberley, Surrey, Clearwater provides water solutions and services to estate owners and facilities managers across variety of sectors, including food and beverage, pharmaceutical, industrial and the public sector. The business was founded in 1990 by the CEO Guy Rowley and has grown its operations across the UK and Ireland as well as expanding the services it offers its customers.
“We are delighted to partner with the Clearwater team, and to provide capital and other resources to help support the business as it continues its impressive record of growth. The business is a leader in the expanding water treatment solutions market with an enviable technical reputation. Our strong sector knowledge and resources will help the company build on its position as a trusted provider of water services,” says James Benfield, Baird Capital Managing Director
Guy Rowley, Clearwater CEO, says: “We are excited to work alongside Baird Capital in the water services space. Their global resources and sector expertise will be valuable as we focus on driving future growth.”