CHIEF Capital Leads Growth Investment in World Water Works

Nolan Capital Acquires Majority Stake in Water Engineering, Inc.

March 21, 2022

Industrial Services

Nolan Capital, the family office of Peter Nolan, has acquired a majority stake in Water Engineering, Inc., a Omaha-based provider of industrial water treatment solutions, chemicals and services. Nolan Capital’s Southern California portfolio company, Apollo Technologies, will join the combined Water Engineering platform as the investor and management team intend to pursue further acquisitions to build a national water treatment platform.

Water Engineering (Nolan Capital Portfolio) Acquires American Water Treatment, Inc.

July 13, 2022

Environmental Services

Water Engineering, a portfolio company of Nolan Capital, has acquired American Water Treatment, a family-owned water treatment services provider headquartered in St. Louis, Missouri. The acquisition adds American Water’s ~900-customer, multi-state footprint to the WEI platform as an add-on to expand geographic coverage and service capabilities while retaining the existing team and legacy brand.

Farragut Capital Partners Provides Growth Capital to Clean Water Environmental

September 30, 2020

Environmental Services

Farragut Capital Partners provided unitranche debt to Clean Water Environmental, LLC (CWE), an Ohio-based processor of hazardous and non-hazardous wastewater that operates facilities in Dayton and Mansfield, Ohio. The financing refinanced the balance sheet and supplies growth capital to fund a new biological treatment plant at CWE's Dayton location and expand overall capacity; CWE is a portfolio company of Hunting Dog Capital and is led by CEO John Staton.

CHIEF Capital Leads Growth Investment in Guardian Fleet Services; Guardian Acquires Emerald Transportation and Sapp's Wrecker Service

February 21, 2023

Trucking & Fleet

Chartwell Investments Entrepreneur & Founder Capital (CHIEF Capital) led a growth investment into Guardian Fleet Services, with financing and co-investment support from Source Capital, Backcast Partners and Morgan Stanley Private Credit. Guardian used proceeds to merge and acquire Emerald Transportation (Pompano Beach, FL) and Sapp's Wrecker Service (Savannah, GA), expanding Guardian's footprint to 23 locations and strengthening its towing, recovery and specialized transportation fleet across Florida and Georgia.

Levine Leichtman Capital Partners Acquires USA Water

February 22, 2024

Utilities

Levine Leichtman Capital Partners (LLCP) has acquired USA Water from Warren Equity Partners, with management reinvesting and continuing to lead the company. Headquartered in Rosenberg, Texas, USA Water provides operations and maintenance (O&M) services for water and wastewater systems across the Southeast United States; LLCP plans to broaden its service capabilities and geographic footprint through organic growth and strategic acquisitions.

Water Engineering Acquires WET Solutions

May 3, 2024

Environmental Services

Water Engineering, a portfolio company of Nolan Capital, has acquired WET Solutions, Inc., a Schaumburg, Illinois-based provider of water treatment equipment, chemicals, consultation, and preventative maintenance services. The transaction is an add-on to Water Engineering’s platform aimed at strengthening its presence in the greater Chicago area while retaining WET Solutions’ brand and owner involvement for continuity and growth.