Pike Street Capital Announces Investment in PumpTech
13 September 2021
Pike Street Capital, LLC (Pike Street), a Seattle-based private equity firm, announced an investment in PumpTech, a distributor of premier pump, process, and environmental products and services. The firm invests in middle market companies in the industrial technology, specialty manufacturing, and distribution & logistics sectors. The PumpTech investment will serve as a foundation from which to expand into the rapidly growing pump and related products industry.
PumpTech was founded in 1986 by Doug Davidson and Tom Long and has grown into one of the leading pump solutions businesses in the western US. Headquartered in Bellevue, Washington, PumpTech has additional facilities in Moses Lake, Washington; Canby, Oregon; and Boise, Idaho.
“PumpTech is an industry leader in the Northwest US, with an impressive number of municipal and industrial installations across the region,” said Dave Dandel, Partner at Pike Street Capital. “We see a tremendous opportunity to extend this model to new geographies, and to expand its product line and services. The market is in growth mode, and PumpTech is well positioned to capture that growth.”
Courtesy of Pike Street Capital.
Image Credit: PumpTech