Bunker Hill Capital has developed an operating partnership with Donald W. Borden Jr. to assist in the identification and acquisition of companies in the water and wastewater industry.
Bunker Hill Capital announced today that it has partnered with Donald W. Borden Jr. to assist in the identification and acquisition of companies in the water and wastewater industry. This operating partner relationship provides Bunker Hill Capital with a seasoned senior executive who has extensive experience in the water and wastewater industry including a deep network of market contacts.
Prior to partnering with Bunker Hill Capital, Mr. Borden served as the President
of Crane Environmental, a division of the $2.3 billion publicly-traded Crane Co.
While at Crane Co., Mr. Borden managed the water treatment group which included
two major industrial product lines, and he oversaw product manufacturing at two
of the Company`s production facilities. Mr. Borden`s division experienced
significant growth due to the successful implementation of lean enterprise and
six sigma techniques which required the development of a unique one-piece-flow
system, reduction in lead times on large reverse osmosis product units and
significant improvement in both on-time delivery and product quality. Through a
direct sales model and by providing the highest quality reverse osmosis
products, Mr. Borden`s division grew at a double-digit rate for over five years.
Mr. Borden stated, “I decided to join forces with Bunker Hill Capital in order
to capitalize on the numerous and exciting investment opportunities in the water
and wastewater sector. My operating background and water industry experience
should complement Bunker Hill Capital`s proven investment approach and strategic
market assessment. As a result, I am enthusiastic about working with Bunker Hill
Capital to target new investments in the water and wastewater industry.”
Bunker Hill Capital identified the water and wastewater industry as an
attractive area for investment after extensive due diligence on the industry.
Mark DeBlois, a Managing Partner at Bunker Hill Capital, said, “We periodically
select industry sectors that are fragmented and forecasted to experience
exceptional growth rates such as the water and wastewater sector. Our
collaboration with an exceptional C-level executive like Don Borden, including
his strong network of contacts, makes for a compelling consolidation strategy.”
Rufus Clark, also a Managing Partner at Bunker Hill Capital, added, “We are very
pleased to have Don on board and believe his deep industry experience will
greatly assist us in our proactive investment approach within this sector. We
believe that sub-sector fragmentation, the product replacement cycle, government
support for improved infrastructure and long-term demand for increased
efficiencies will continue to create exceptional investment opportunities in
About Bunker Hill Capital, L.P.
Bunker Hill Capital is a private equity firm that makes investments in lower
middle market companies with enterprise values up to $150 million. The
principals of Bunker Hill Capital have invested over $400 million in 29
transactions and target opportunities across four industry sectors, including
industrial products, business services, consumer products and specialty retail.
Bunker Hill Capital`s portfolio company investments include California Family
Fitness, the leading owner and operator of fitness centers in the greater
Sacramento, CA area; Papa Gino`s/D`Angelo, a dominant quick-service restaurant
operator in New England; Smith & Wollensky, a premier steakhouse concept in the
United States; and /n Spro, a leading Canadian provider of functional consulting
services focused on SAP AG software solution architecture and configuration. For
additional information on Bunker Hill Capital, please go to