ClearLight Partners sold Pure Water Technologies to AquaVentures for $57m.

ClearLight Partners sold Pure Water Technologies, one of the nation’s leading manufacturers and marketers of point-of-use water purification coolers, to Quench USA, Inc, an operating segment of AquaVenture Holdings Limited, a water services company, for $57m. “ClearLight was a great partner as an investor with a long-term focus on building enterprise value. Their support helped us enter new markets, expand and improve our product portfolio and bring clean water to America’s workforce,” said Bob Tangredi, CEO of Pure Water. “Pure Water Technology products are recognized as the premier systems in the rapidly growing point-of-use water industry. Quench strengthens its position in the market by adding a large loyal customer base, leading manufacturing capabilities and a strong dealer network.”