DFW Capital Partners-backed Aqualis acquired the assets of Weeks Utility Services, Inc., which delivers wastewater and storm water life station and pumping services to commercial and industrial end markets. The acquisition serves as Aqualis’s lift station platform in the southeast. The company has been investing in the expansion of its lift station service line, including preventative maintenance, inspection, repairs and rehabilitation to stormwater and sanitary lift stations or sump pumps.
AQUALIS, a portfolio company of DFW Capital Partners and the leading national provider in comprehensive water management services, today announced it has acquired the assets of Weeks Utility Services, Inc., a Florida-based company headquartered in Jacksonville delivering wastewater and stormwater lift station and pumping services to commercial and industrial end markets.
Over the last year, AQUALIS has invested in the expansion of its lift station service line, which includes preventative maintenance, inspection, repairs and rehabilitation to stormwater and sanitary lift stations or sump pumps. The acquisition of Weeks Utility Services serves as the lift station platform in the Southeast for AQUALIS, allowing the organization to provide best-in-class, self-performing services.
Richard Matero, CEO of AQUALIS, said, “As one of the largest lift station providers in Duval County and the surrounding area, Weeks Utility Services, strengthens our expertise in the lift station and pump management services field as well as bolstering our regional support in the Florida region.”
“Weeks Utility Services brings a deep level of lift station expertise and regionalized support in the Northeast Florida market to the AQUALIS team,” said Richard Weeks, President of Weeks Utility Services. “I am excited to help foster the expansion of this service line to all AQUALIS customers through the quality service for which we are known today.”
“This is an exciting acquisition for AQUALIS,” DeVer Warner of DFW Capital Partners stated. “Weeks Utility Services solely focuses on lift station and pump services, a service line that we have continued to grow over the past year. This acquisition greatly deepens our lift station and pump services reach, as we remain focused on broadening AQUALIS’ services in critical watershed areas throughout the U.S.”
AQUALIS is a leading nationwide provider of commercial, retail, industrial and governmental post-construction stormwater management and lift station services through consulting, inspection, maintenance and repair. AQUALIS caters to national retailers, logistics providers, engineering firms, hospitals, military and industrial facilities, real estate management companies, distribution centers, national and multi-state organizations, individual and commercial property owners, airports and universities. For more information, visit www.aqualisco.com.
About DFW Capital Partners
DFW Capital Partners is a private equity investment firm focused on lower middle-market companies. The firm concentrates on service companies, with an emphasis on healthcare and outsourced business and industrial support services. DFW is backed by both institutional and high-net worth individual investors, and has established a 20+ year track record of success in both building leading companies, and recognizing excellent returns for its investors. DFW is headquartered in Teaneck, NJ, and maintains an office in Washington, D.C.