Press Release
CLEANWATER1 ANNOUNCES ACQUISITION OF VELOCITY DYNAMICS, LLC
MILIPITAS / DENVER (January 3, 2024) - Cleanwater1 today completed the acquisition of Velocity Dynamics, a leading solutions provider of branded, proprietary dry and liquid feed systems for the optimization of chemistry in water and wastewater utilities and industrial plants.
“The cost of chemistry for our customers has increased dramatically in recent years,” says David Stanton, Chief Executive Officer for Cleanwater1. “At the same time, the pressure to meet tough environmental goals is driving up the use of chemicals. Having the best two teams in the industry come together to solve for better water at lower cost is exciting.”
“We are thrilled to become part of the Cleanwater1 family of products and solutions,” says Paul Plache, President of Velocity Dynamics. “Our vision is to be the global leader in water treatment solutions, driven by our dedication to people, innovation, and the pursuit of excellence. The Cleanwater1 platform is ideal for us to take the next steps in pursuit of our vision.”
Cleanwater1, Inc. was formerly known as UGSI Solutions Inc. and is a portfolio company of Baird Capital. For more information on the rebrand and service offerings, visit https://cleanwater1.com/. For more information on Velocity Dynamics, LLC products and services, visit https://velodynesystems.com.
About cleanwater1
Cleanwater1, Inc., formerly known as UGSI Solutions, Inc., is one of the leading providers of water quality and wastewater treatment products and solutions. Cleanwater1 and its related entities pair proven brands like POLYBLEND® Polymer Feed Systems, DYNABLEND™ Polymer Feed Systems, PAX TRS™ THM Removal System, MONOCLOR® RCS Disinfectant Residual Control System, and Microclor® On-Site Hypochlorite Generation with cutting-edge strategies and innovations to help customers meet and exceed water quality goals and regulations at lower costs.
About Velocity Dynamics
For more than 18 years Velocity Dynamics LLC has been a leader in polymer blending, chemical feed systems, mechanical conveying, volumetric feeding, bulk bag handling and ingredient transfer solutions. Its products can be used in every market, including water & wastewater treatment, mining, oil & gas, minor ingredients, food and beverage, rendering plants, utility and power.
About Baird Capital
Baird Capital manages two investment platforms, Venture Capital and Global Private Equity, and invests in B2B technology & services-focused companies worldwide. Founded in 1989, the group focuses on investing in sub-sectors where it has deep institutional knowledge and leveraging global operating capabilities to support the operational and growth needs of partner companies. Baird Capital is the direct private investment arm of Robert W. Baird & Co. For more information, please visit BairdCapital.com.
Company Info
Cleanwater1, Inc.
550 Sycamore Drive, Milpitas, CA 95035
Email: info@cleanwater1.com
Phone: 858.218.3745