Castik Capital-backed Waterlogic completed the acquisition of Quality Water Service from Advent-Morro Equity Partners.

Castik Capital-backed Waterlogic, a global designer, manufacturer, distributor and service provider of purified drinking water dispensers, completed the acquisition of Quality Water Service, which operates tens of thousands of water dispensers and coffee machines for corporate, healthcare, education, leisure, and hospitality customers, from Advent-Morro Equity Partners, a Puerto Rico based growth equity firm. Financial terms were not disclosed. "Our relationship with QWS has been 11 years in the making. They are a trusted partner who will help us achieve a stronger foothold in Chile and Colombia as well as the opportunity to establish a direct presence for the first time in Puerto Rico," Rodrigo Serres, Waterlogic Managing Director for Latin America.