In a statement, Matthew Rich, Partner at LLCP, said: “USA Water has built a stellar reputation due to its ‘customer first’ culture and best-in-class service capabilities, which have driven an incredibly loyal client base and a long-term track record of consistent growth.”
LLCP’s other investments in the technical and route-based services sectors include Encore Fire Protection, Technical Safety Services, Trinity Consultants, In-Place Machining and Select Exterminating.
LLCP was advised by Kirkland & Ellis. USA Water was advised by Harris Williams and Holland & Knight.
Source: Private Equity Wire