Le Lézard
Classified in: Business
Subject: TNM

PumpMan Acquires Groundwater Pump & Well


SADDLE BROOK, N.J., July 9, 2018 /PRNewswire/ -- PumpMan, a leading nationwide provider of pump service and repair, successfully completed the acquisition of Healdsburg, California-based Groundwater Pump & Well. PumpMan will integrate Groundwater into its Santa Rosa-based Bartley Pump later this year, relocating its employees, equipment and inventory to Bartley's location. Since 1990, Groundwater Pump & Well has provided innovative clean water solutions for the residential, commercial, agriculture, water treatment, and well-rehabilitation industries.

(PRNewsfoto/PumpMan Holdings)

"Coupling Groundwater's employees and technical competencies with the experience and institutional knowledge of Bartley Pump positions the Company for growth and success in Northern California," said Donald Devine, President and CEO of PumpMan. "This bolt-on acquisition is key to developing scale in the region, and growing the company into a strong nationwide player in the industry."

Ron Foster, Sr., President of Groundwater Pump & Well, will remain with the company following close, as will his son Ron Foster, Jr. They will work together with the Bartley team to build a stronger company able to meet the needs of customers and create an attractive workplace for all employees. As part of PumpMan, the Bartley and Groundwater brands will remain active and add "A PumpMan NorCal Company" at year-end.

The introduction of "A PumpMan NorCal Company" branding is an important step in leveraging the legacy of the local companies while joining them to the strength and capabilities of a growing national brand. Customers will continue to receive the same exceptional service from a more capable company.

About PumpMan Holdings LLC
With roots in Southern California and dating back to 1976, PumpMan currently provides onsite service, repair, parts and expertise to the commercial, municipal and industrial markets in Southern California (PumpMan SoCal), Northern California (Bartley Pump), the Greater Philadelphia area (PumpMan Philly), and the Pittsburgh market (PumpMan Pittsburgh), and the New York Metro Area (Federal Pump). For more information, visit www.pumpman.com.

About Soundcore Capital Partners LLC
Soundcore Capital Partners, LLC, founded in 2015, is a New York City-based private investment firm specializing in control equity investments and leveraged buyouts of lower middle market North American (US or Canada) headquartered businesses. For more information, visit www.soundcorecap.com.

Media Contact:
Carolyn Camp
PumpMan Holdings LLC
[email protected]
(201) 214-2259

SOURCE PumpMan Holdings


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