Potomac Equity Partners Invests in Watermark Solutions

Vested Acquires Watermark to Expand Public Affairs and Regulatory Communications Practice

August 6, 2026

Marketing & Advertising

Vested, a financial services communications and marketing agency, announced the acquisition of Watermark, a Washington, D.C.-based public affairs and special situations firm founded by Zack Condry. The deal integrates Watermark’s public affairs, regulatory communications, crisis response, and investor relations capabilities into Vested and expands its Washington, D.C. footprint.

Warren Equity Partners Acquires USG Water Solutions from Turnspire Capital Partners

March 24, 2026

Infrastructure

Turnspire Capital Partners announced that an affiliate sold its portfolio company USG Water Solutions to Warren Equity Partners (WEP). USG is a provider of water asset management services for municipal and private customers across North America, with operations in all 48 contiguous states and more than 450 employees. Terms of the transaction were not disclosed.

Potomac Equity's Watermark Solutions Merges with Synergy Resources to Form WM Synergy

August 21, 2023

IT Services

Potomac Equity Partners provided additional capital to its portfolio company Watermark Solutions to merge with Synergy Resources, creating WM Synergy — an expanded ERP, technology and cloud hosting provider serving manufacturers and distributors. The combined business will offer Infor, Acumatica and Hexagon ERP implementations, managed hosting and related consulting services across North America; financial terms were not disclosed.

Plummer Associates Acquires WATERMARK Engineering Group

January 31, 2022

Engineering Services

Fort Worth-based Plummer Associates, Inc. has acquired Tampa-area WATERMARK Engineering Group to expand its integrated water resources engineering presence in Florida. The deal adds WATERMARK’s 18 years of local water-management experience to Plummer’s national platform and supports Plummer’s continued geographic growth and expanded capability in stormwater, coastal and water/wastewater infrastructure services.

Providence Equity Partners Invests in Sweetwater

June 29, 2021

E-Commerce

Funds advised by Providence Equity Partners made a growth equity investment in Sweetwater, the Fort Wayne-based e-commerce retailer of musical instruments and audio equipment; financial terms were not disclosed. The investment is intended to accelerate Sweetwater's next phase of growth as the company — which reported roughly $1 billion in annual revenue and serves over 1.5 million customers — scales operations and expands its market reach.

Enhanced Healthcare Partners Invests in Hallmark Health Care Solutions

December 10, 2020

Healthcare Services

Enhanced Healthcare Partners (EHP) made a strategic (minority) growth investment in Hallmark Health Care Solutions, a SaaS provider of physician compensation and workforce management tools for health systems, academic medical centers and physician groups. EHP’s capital will support Hallmark’s R&D, product development and expansion of its customer base across health systems to address labor and staffing challenges.