BLOOMFIELD HILLS, Mich., Nov. 14, 2018 (GLOBE NEWSWIRE) -- O2 Investment Partners (www.o2investment.com) announced today that it has partnered with Dick Corbett, Brian DeWolf and the team at Vessco Inc. (www.vessco.com), a leading water treatment company serving municipal and industrial markets.
Pat Corden, Vice President at O2 Investment Partners, commented, “Dick Corbett and Brian DeWolf have built Vessco into the leading supplier of water and wastewater treatment technology in the Midwest. We are thrilled to partner with them and look forward to supporting them as they continue to build on the company’s impressive history.”
Vessco is the only company in the Upper Midwest to offer a full suite of products covering the entire spectrum of water and wastewater treatment. Over the past 35 years, the company has built a reputation for representing the best equipment and overall solution including initial consultation, design partnering, installation assistance, field service and parts delivery. Vessco is headquartered in Chanhassen, Minnesota (Metro-Minneapolis) with additional offices in Ames, Iowa, Council Bluffs, Iowa and Independence, Missouri.
“Vessco has grown into one of the premier suppliers of water and wastewater treatment technology in the Midwest and Central U.S. by building on our reputation of stellar customer service throughout the entire water treatment project,” said Dick Corbett, CEO of Vessco. Brian DeWolf, President of Vessco, added, “Our company is in a tremendous position to scale, and we’re confident O2 is the right partner to help support us in achieving our goals for the future. We look forward to an incredible partnership with O2.”
About O2 Investment Partners: O2 Investment Partners is a Midwestern based private equity firm that seeks to acquire interest in lower middle market manufacturing, niche distribution, and select service and technology businesses. The firm invests in businesses with earnings growth potential and a clear path to the creation of shareholder value.
O2 invests with a view toward partnering with management to build and grow the business and take it to its next stage of development. This requires not only a clear vision and strategic plan to create shareholder value, but a close partnership and alignment of interest with management.
One of Michigan’s most active private equity firms, O2 was recently the proud recipient of ACG (Association for Corporate Growth) Detroit’s 2017 All Star Dealmaker of the Year Award. Vessco represents O2’s third platform investment in 2018.
About Vessco: Vessco is a multifaceted water treatment company providing value-added distribution and engineering services for municipal and industrial water and wastewater treatment projects, primarily in the upper Midwest and central United States. The Company implements a highly technical sale process that requires a consultative, engineering-centric approach. This effort is supported by Vessco’s outstanding reputation as industry experts with its over 3,500 past customers. Vessco is headquartered in Chanhassen, Minnesota.
Additional information is available at www.o2investment.com; www.vessco.com