USG Water Solutions, a water utility services provider specializing in storage tanks, plant rehabilitation, metering and distribution systems, completed a strategic refinancing. USG Water Solutions has further strengthened its financial position and catalyzed additional strategic investments aimed at more effectively serving the vital municipal water market through expanded offerings and geographic reach.
“This refinancing is an exciting milestone for USG Water Solutions that will enable us to pursue new investments in high-return growth opportunities,” John Flaugher, CEO of USG Water Solutions, said. “In recent years, together with our private equity sponsor, Turnspire Capital Partners, we have recommitted to operational excellence, quality and responsiveness, positioning USG Water Solutions as a trusted partner to small and mid-sized water utilities nationwide. We are excited to continue supporting our municipal customers with essential services that ensure reliable and sustainable water infrastructure for communities across the nation.”
USG Water Solutions thanks Wells Fargo and Overland Advantage for their support in completing the strategic recapitalization, and Piper Sandler & Co., which acted as financial advisor.
