Waterlogic Americas extends its presence in the Greater Memphis Metropolitan Area
Grapevine, TX, November 4th, 2021 --- Waterlogic, a vertically integrated global designer, manufacturer, distributor, and service provider of drinking water systems, is pleased to announce the acquisition of Smart Water Memphis. Smart Water is a commercial point of use water company focused on POU rentals and service. The Company is headquartered in Memphis, Tennessee and serves a customer base throughout the Greater Memphis Metropolitan Area. Tom Pease founded the company in 2006 and is looking forward to retirement after a successful career in business and journalism.
“I am excited to report the sale of my business to Waterlogic. I’ve run Smart Water for the last 15 years and it goes without saying, the decision to sell was not easy. Nonetheless, I’m very grateful Waterlogic has provided the opportunity for my retirement. I’m thankful for my customer base and I know they’ll be in good hands at Waterlogic.” Tom Pease, Owner and Founder, Smart Water Memphis
The acquisition offers density in an existing Waterlogic market.
"I am happy to announce the acquisition of Smart Water Memphis. Tom built a good business in Memphis with a solid customer base. We are honored Tom chose Waterlogic, and excited at the opportunity for future growth in the area" Casey Taylor, CEO, Waterlogic Americas
This marks Waterlogic Americas’ 13th acquisition of 2021. This acquisition signifies another step in Waterlogic's path towards its growth objectives. Waterlogic is dedicated to growth in the Americas, both through organic sales and acquisitions.
More on Waterlogic’s M&A process can be found at www.waterlogic.com/en-us/merger-and-acquisitions or by reaching out directly to our M&A team.
Joshua Forcum, Vice President of M&A, 765-499-7256 or email@example.com