Toronto, Ontario-based XPV Water Partners, a growth equity investor focused on making investments in companies related to the treatment and management of water resources, announced that it has invested in Holland Pump Company. The company is an independent specialty pump rental and dewatering solutions provider in the United States.
“We were impressed with Holland Pump’s management team, staff, and track-record of successful projects where product performance and customer service were critical,” said Sam Saintonge, Principal at XPV Water Partners. “We have a common vision to accelerate growth and share a passion for providing environmental solutions to benefit customers now, and in our future.”
Infrastructure renewal, continued industrial expansion, and the increasing occurrence of extreme weather events are all drivers of demand for specialty pump rentals.
Holland Pump Company manufactures, rents, sells, and services pumps and related equipment for infrastructure project dewatering, sewer by-pass, as well as a wide range of agricultural, mining, marine, and other industrial applications.
“XPV shares our vision for future growth and we’re excited to leverage their vast network of industry relationships,” said Win Blodgett, President of Holland Pump Company. “After doing our due diligence with XPV, it became clear there was a good basis for a collaborative business proposition, and they were the right partner to help take us to the next level.”
About XPV Water Partners
XPV Water Partners is comprised of experienced water entrepreneurs, operators, and investment professionals dedicated to making a difference in the water industry. XPV partners with, invests in, and actively supports water-focused growth companies so they can grow and deliver value for all stakeholders. Learn more about the company here.
About Holland Pump Company
Holland Pump was formed in 1978 and is involved in the manufacturing, sales, distribution, rental, and servicing of pumps at six branch offices as well as its corporate, manufacturing, and central repair facilities in West Palm Beach, Florida. Within Florida, Holland maintains branch operations in Pensacola, Jacksonville, Orlando, Tampa, Ft Myers, and West Palm Beach, and also has an operation in South Carolina. Learn more about the company here.