CPE Media News (3/27/2019) – XPV Water Partners has invested an undisclosed amount in Holland Pump Company.
Formed in 1978, Holland Pump is involved in the manufacture, sales, distribution, rental, and service of pumps at 6 branch offices as well as its corporate, manufacturing, and central repair facilities in West Palm Beach, Florida.
Toronto based XPV Water Partners is a growth equity investor focused on making investments in companies related to the treatment and management of the world’s water resources.
photo credit: Holland Pump Company
News Release
XPV WATER PARTNERS INVESTS IN HOLLAND PUMP COMPANY, A LEADING SPECIALTY PUMP RENTAL COMPANY IN THE UNITED STATES
XPV Water Partners further expands its portfolio of companies that provide water resources management solutions that directly or indirectly make a positive impact on water
TORONTO, CANADA – March 27, 2019 – XPV Water Partners, a growth equity investor focused on making investments in companies related to the treatment and management of the world’s water resources, announced today that it has invested in Holland Pump Company. The Company is a leading independent specialty pump rental and dewatering solutions provider in the United States.
Infrastructure renewal, continued industrial expansion, and the increasing occurrence of extreme weather events are all drivers of demand for specialty pump rentals.
Holland Pump Company manufactures, sells, rents, and services pumps and related equipment for infrastructure project dewatering, sewer by-pass, as well as a wide range of agricultural, mining, marine, and other industrial applications. The Company complements its pump rental fleet with outstanding service – from installation to ensuring its customers’ pumps are running – to live to its promise of helping its customers Finish Faster. Holland’s projects have been focused in the Southeast United States, with a deployed fleet of diverse specialty pumps and related equipment necessary to meet increasingly complex fluid handling challenges. In addition to best in class customer support, their rental equipment offers 24/7 monitoring, digital reporting and automatic remote or float start/stop needs which provide fast and effective solutions.
“XPV shares our vision for future growth and we’re excited to leverage their vast network of industry relationships”, said Win Blodgett, Holland Pump Company President. “After doing our due diligence with XPV, it became clear there was a good basis for a collaborative business proposition, and they were the right partner to help take us to the next level.”
“We were impressed with Holland Pump’s management team, staff and track-record of successful projects where product performance and customer service were critical” stated Sam Saintonge, Principal at XPV Water Partners. “We have a common vision to accelerate growth and share a passion for providing environmental solutions to benefit customers now, and in our future.”
About XPV Water Partners
XPV Water Partners is comprised of experienced water entrepreneurs, operators, and investment professionals dedicated to making a difference in the water industry. XPV partners with, invests in, and actively supports water-focused growth companies so they can grow and deliver value for all stakeholders. XPV manages over $400 million in investment capital from some of the top institutional investors in North America, Europe, the Middle East, and Asia. The XPV family of portfolio companies is making a difference in water, both by driving more efficient management of the world’s most critical resource, and by creating significant shareholder value that can help move the industry forward. Visit www.xpvwaterpartners.com to learn more.
About Holland Pump Company
Holland Pump was formed in 1978 and is involved in the manufacture, sales, distribution, rental, and service of pumps at 6 branch offices as well as its corporate, manufacturing, and central repair facilities in West Palm Beach, FL. Holland Pump produces diesel driven systems and maintains a large fleet including diesel driven rental pumps deployed primarily in the southern United States. Within Florida, Holland maintains branch operations in Pensacola, Jacksonville, Orlando, Tampa, Ft Myers, and West Palm Beach, and also has an operation in South Carolina. Visit www.hollandpump.com/ to learn more.
For more information please contact:
XPV Water Partners
Phone: 1-416-864-0475 ex 306
Contact: Esther Doss – Director of Communications
Email: esther@xpvwaterpartners.com