Holland Pump Co. Acquires Complete Dewatering Pumps & Wellpoints
Holland Pump Co., an independent specialty pump rental and dewatering solutions provider, has completed the acquisition of Complete Dewatering Pumps & Wellpoints, based in Edgewater, Fla. This marks Holland’s second acquisition since partnering with XPV Water Partners and adds to Holland Pump's wellpoint pump fleet and dewatering services offering. The addition of CDPW also increases Holland Pump's engineering capabilities to service municipal and commercial projects across the Southeast and Gulf regions.
CDPW was established in 1923 and is a full-service dewatering and pump rental provider for a broad range of municipal and commercial applications. With 97 years of reliably serving customers across the Southeast, CDPW continues to provide innovative solutions and equipment to solve some of the most difficult site conditions and dewatering challenges. The addition of CDPW complements Holland Pump's capabilities and enhances its wellpoint service offering. The acquisition also adds a 39,000-square-foot manufacturing facility to further expand Holland Pump's engineering capabilities while adding an additional service location in the Southeast market.
"This acquisition is aligned with our continued commitment to deliver best-in-class customer service experience through our pump fleet, field and engineering support, while increasing our wellpoint solutions and engineering capabilities which will enable us to continue delivering on our Finish Faster promise," said Win Blodgett, Holland Pump Co. president.
"We are very pleased to welcome the knowledgeable and experienced team at CDPW to the Holland Pump family," said Sam Saintonge, board member and partner at XPV Water Partners.
Amy and Jason Fletcher, presidents of CDPW said, "We are excited to join the growing Holland Pump family, and we look forward to benefiting from the combined experience, capabilities and resources. This transaction will enable us to expand our service offering, while continuing to deliver best-in-class wellpoint installation, rental and services to help our customers maximize productivity and efficiency."
Holland Pump has been a manufacturer of specialty pumps and dewatering solutions for more than 40 years and is based in West Palm Beach, Fla., and nine branch operations in Florida, Louisiana and South Carolina. XPV Water Partners is comprised of experienced water entrepreneurs, operators, and investment professionals dedicated to making a difference in the water industry. XPV invests in and actively supports water-focused companies and manages over $400 million USD in investment capital from institutional investors in North America, Europe, and Asia.