SpringWell Water Filtration Systems

Daytona Beach, Florida

Classification

Private

About

About

SpringWell Water Filtration Systems is a provider of water filtration solutions, designed to deliver clean, safe, and great-tasting water to residential and commercial customers. Founded with a mission to combat the growing concerns about water contamination, the company leverages cutting-edge technology and innovative designs to address a wide array of water quality issues. Headquartered in the United States, SpringWell has established itself as a trusted name in the water filtration industry, offering products that ensure optimal performance, reliability, and sustainability. With a strong focus on customer satisfaction, the company provides tailored filtration systems that meet the diverse needs of its clientele, ensuring access to pure water in every home and business. Product Breakdown Water Filtration Systems: SpringWell offers a comprehensive range of whole-house water filtration systems designed to remove contaminants such as chlorine, chloramine, pesticides, herbicides, and other harmful chemicals from municipal and well water sources. These systems use advanced catalytic carbon and KDF media to provide superior filtration performance, ensuring clean and safe water throughout the entire household. Water Softening Systems: The company's water softeners effectively address hard water issues, preventing scale buildup in plumbing and appliances. Utilizing salt-based and salt-free technologies, SpringWell's softening systems are designed to extend the lifespan of home fixtures and improve the efficiency of household cleaning tasks. Well Water Filtration: SpringWell specializes in filtration systems tailored for well water users, targeting specific contaminants like iron, manganese, sulfur, and sediment. These systems are equipped with robust filtration media and advanced oxidation processes to handle the unique challenges posed by well water sources. Under-Counter and Countertop Filters: For those seeking point-of-use solutions, SpringWell offers a variety of under-counter and countertop filters. These compact systems provide targeted filtration for drinking water, reducing contaminants such as lead, VOCs, and other harmful substances to deliver safe, great-tasting water directly from the tap. UV Water Purifiers: SpringWell's UV water purifiers use ultraviolet light to effectively eliminate bacteria, viruses, and other microorganisms from water, providing an added layer of protection against pathogens. These systems are ideal for ensuring microbiologically safe water, especially in areas prone to waterborne illnesses. Shower Filters: To enhance personal care, the company provides shower filters that reduce chlorine, heavy metals, and other contaminants, resulting in healthier skin and hair. These filters are easy to install and maintain, making them a convenient addition to any home. Replacement Filters and Accessories: SpringWell also offers a range of replacement filters and accessories to ensure the continued efficiency and effectiveness of their filtration systems. This includes filter cartridges, media refills, and various components designed to maintain optimal system performance.

Financials

Revenue & Profit

Revenue

Valuation

Valuation

Ratios

Revenue / EBITDA
$123 MM
Valuation / Revenue
$123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

People

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee
--
Jane DoeEmployee
John DoeEmployee
John DoeEmployee

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

Deals

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

Deal Amount

$120M

Target Company Valuation

$1.20 MM

Techniques

Acquisition of Assets, Taken Private

Stake Tags

100%

Is PE deal

Yes

Is deal PE backed

Yes

Total Acquired

100%

Secondary Transaction2023-09-01Canceled

Target

BrightHealth Technologies

Seller

Early Investors Consortium

Investor Sponsors

--

Deal Amount

Undisclosed

Target Company Valuation

NaN

Techniques

Secondary Sale, Management Buy-out (MBO)

Stake Tags

Majority

Is PE deal

No

Is deal PE backed

Yes

Total Acquired

65%

Funding

Keywords

Keywords

Classified

Private