Tencarva Machinery Co. acquires WWaterTech Services
Tencarva Machinery Co., a value-added distributor and service provider of flow control and process equipment solutions to industrial and municipal end markets, announced it has acquired WWaterTech Services, Inc., a manufacturer’s representative for water and wastewater equipment manufacturers and system suppliers.
Serving municipal end markets in Texas and Oklahoma, WWaterTech provides engineers with access to a comprehensive portfolio of water and wastewater process equipment from approximately 60 unique vendors. Founded in 2006 and headquartered in Waller, Texas, WWaterTech is led by President and Owner Steve Holt. After ensuring a smooth transition, Mr. Holt will gradually move into an advisory role, with 15-year WWaterTech executive Wes Holt to lead the business as branch manager.
“The WWaterTech acquisition exemplifies an important part of our strategy to grow and diversify Tencarva’s municipal presence across the US," said Henry Ritchie, president of Tencarva. "With its strong position in Texas, one of the most attractive municipal markets in the country, and its high-quality OEM relationships, WWaterTech expands our reach in an important market and supports our continued growth in municipal end markets. We welcome Steve and the entire WWaterTech team to Tencarva.”
“WWaterTech has had opportunities over the years to partner with other organizations, but Tencarva stood out for all the right reasons,” said Steve Holt. “WWaterTech’s success and growth have been driven by our team, so it was important to find a partner that recognized the importance of that and shared our values. Tencarva is made up of water industry professionals with a strong track record of acquiring excellent companies and supporting them for the long term. This transaction allows our team to remain intact while adding resources and capabilities that will help WWaterTech continue to grow and better serve our principals, engineers, contractors, and owners. We are excited about this next chapter and the opportunities ahead with Tencarva’s support.”
Tencarva said it continues to actively seek strategic partnerships with industry-leading industrial and municipal flow control and process equipment distribution and service companies. For more information, contact Andrew Mendelsohn (mendelsohn@bessemer.com) or Bohdan Tyshynsky (tyshynsky@bessemer.com) to learn more.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Pack-n-Tape. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
