StormTrap Acquires Faircloth Skimmer
July 8, 2025
StormTrap, a PSP Capital-backed provider of stormwater management systems, has acquired Faircloth Skimmer, a Hillsborough, North Carolina-based manufacturer of floating surface-drain dewatering devices. Faircloth will operate as a subsidiary with existing management remaining in place; the acquisition adds Faircloth's patented skimmer technology to StormTrap's product portfolio to broaden stormwater treatment capabilities and market reach. The deal is an add-on to the StormTrap platform and was sold by Aiglon Capital.
- Buyers
- StormTrap
- Targets
- Faircloth Skimmer
- Sellers
- Aiglon Capital
- Platforms
- StormTrap
- Industry
- Building Products
- Location
- North Carolina, United States
- Transaction Type
- Addon
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