Freshstream completed the investment in SmartWater.

Freshstream, a private equity firm, completed the investment in SmartWater, a firm engaged in the vapor distillation process. Financial terms were not disclosed. “We are delighted to have partnered with the team at SmartWater and PID Systems during their next phase of growth. The group provides a truly differentiated offering and has a strong track record of delivering solutions that reduce crime and protect the property of its clients. We look forward to working with the team to develop the business further," Reza Fardad, Freshstream Partner.