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
Explore More
Related Acquisitions
-
SmartCover Systems Acquires Data Flow Systems
November 28, 2023
Environmental Services
SmartCover Systems, a portfolio company of XPV Water Partners, has completed the acquisition of Data Flow Systems, a Melbourne, Florida provider of lift station monitoring, control and optimization solutions. The deal expands SmartCover's collection system optimization capabilities to include lift station control, creating a combined business with more than 20,000 deployed devices and service to over 850 North American customers.
-
AQUALIS Acquires Stormwater Solutions Engineering, LLC
April 4, 2023
Environmental Services
AQUALIS, a portfolio company of DFW Capital Partners and a national sustainable water management provider, has acquired the assets of Stormwater Solutions Engineering, LLC (SSE), a Milwaukee-based civil engineering firm specializing in stormwater management. SSE CEO Carrie Bristoll-Groll will join AQUALIS as Executive Vice President, Engineering Services as the acquisition expands AQUALIS’ engineering capabilities and service offering nationwide.
-
Storm Smart Acquires Steadfast Inc.
June 8, 2022
Building Products
Storm Smart, a portfolio company of Rotunda Capital Partners, has acquired Steadfast Inc., a leading hurricane screen and shutter supplier in Palm Beach County. The acquisition strengthens Storm Smart's presence across Florida and expands its service and product offering in Southeast Florida.
-
PSP Capital Acquires StormTrap
April 6, 2022
Building Products
Chicago-based private investment firm PSP Capital has acquired StormTrap, a Romeoville, Illinois-based provider of underground stormwater management systems, from Warren Equity Partners. The transaction was completed in partnership with StormTrap's management team and founding family; PSP said it will leverage its building products and infrastructure focus to support StormTrap's growth across North America and international markets.
-
Aiglon Capital Acquires J. W. Faircloth & Son (Faircloth Skimmer)
May 29, 2020
Building Products
Aiglon Capital has acquired J. W. Faircloth & Son, Inc. (Faircloth), the Hillsborough, North Carolina–based designer, manufacturer and distributor of surface drains and sediment-control skimmers for the construction industry. Aiglon said it will support Faircloth's product development and entry into new product categories and may pursue select add-on acquisitions to grow the business.
-
Cairngorm Capital Acquires Fairalls (Builders' Merchants)
July 18, 2019
Building Products
Cairngorm Capital Partners has acquired Fairalls (Builders' Merchants) Limited, adding it to its existing building merchant businesses Parkers Building Supplies and Stamco to create the largest independent builders' merchant group in the South East of England. The enlarged group operates 24 branches with over 500 employees and combined revenues of approximately £120 million; Fairalls itself reported c.£15m revenue and about 85 employees and will continue to trade under the Fairalls brand with Richard Fairall remaining involved during the transition.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.