World Water Works Secures Growth Investment From CHIEF Capital
Announcing CHIEF Capital has made a significant investment to fund WWW’s expansion and innovation initiatives.
Press Releases 2024-12-03
Oklahoma City, OK, — World Water Works (WWW) announces Chartwell Investments Entrepreneur & Founder Capital (CHIEF Capital) has made a significant investment to fund WWW’s expansion and innovation initiatives. WWW is North America’s leading provider of innovative water and wastewater treatment systems and value-added services to municipalities and businesses around the world.
“We’re excited to partner with CHIEF Capital, along with Backcast Partners and Source Capital, who have a great track record of supporting growing companies,” says Prashant Mitta, CEO of WWW. “Our capital partners share the vision of making World Water Works an unparalleled, best-in-class water and wastewater solutions company with a focus on exceptional customer service. They will continue to support our growth as we develop cutting-edge solutions for industrial and municipal businesses to bolster communities while being efficient and responsible.”
“World Water Works built a committed team of passionate experts who offer a comprehensive set of innovative water and wastewater treatment solutions and services,” adds Michael Shein, Managing Partner of CHIEF Capital. “The CHIEF Capital team is eager to partner with Prashant Mitta and the World Water Works team to support their continued rapid growth and solidify the company’s market-leading position. CHIEF Capital’s investment in World Water Works continues our strategy of joining forces with entrepreneurs and founder-owned companies to help accelerate their growth plans.”
WWW has developed and delivered pioneering water and water treatment solutions for over 25 years. In that time, it has treated over two trillion gallons of water for over 1,000 clients in the industrial and municipal markets.
About World Water Works, Inc. (WWW)
World Water Works is a mission-critical partner to industrial and municipal clients worldwide that seek to implement advanced, cost-effective, preeminent water and wastewater treatment solutions for the betterment of communities. WWW is a U.S.-based water technology company, with offices in various global locations to service clients wherever they need us. Our sustainable and innovatively designed technologies and services solve the world's most pressing water and wastewater challenges. Our design philosophy focuses on performance, flexibility and durability to yield superior water quality at the lowest life-cycle costs. Our team of passionate water professionals offers unrivaled experience and know-how in developing expertly engineered, cost-effective technologies, solutions and services that focus on the unique needs of our clients. We are steadfast in our commitment to Solving Today's Water Challenges for a Better Tomorrow™. Please visit worldwaterworks.com for more information.
About Chartwell Investments Entrepreneur & Founder Capital (CHIEF Capital)
CHIEF Capital provides flexible private equity for entrepreneurs, family-owned businesses and corporate carveouts. The firm partners with management owners to help realize their visions and provide long-term capital, resources and expertise to accelerate growth and provide generational liquidity. With 50+ years of experience, over $900 million of recent transaction value, seven current platform investments and 18 recent add-on acquisitions, CHIEF Capital focuses on lower middle market companies with an emphasis on niche manufacturing, business services, transportation and logistics, and healthcare services segments. Please visit Chiefcap.com for more information.
