Quench Announces Acquisition of Alpine Water Systems in USA
Alpine Water Systems LLC is a point-of-use water filtration company based in Las Vegas, Nevada.
Quench, an operating platform of AquaVenture Holdings Limited and a leading provider of filtered water coolers, ice machines, sparkling water dispensers and coffee brewers for businesses across the United States and Canada, has announced that it has acquired substantially all of the assets of Alpine Water Systems, LLC, a point-of-use water filtration company based in Las Vegas, Nevada. Alpine is a leading provider of filtered water coolers with over 20 years of experience serving large national customers, and has operations in eleven major metropolitan areas across the United States.
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Quench also announced the acquisitions of substantially all the assets of JMS Group, Inc., d/b/a Aqua Coolers, on April 2, 2018, and of La Ferla Group LLC, d/b/a Avalon Water, on June 4, 2018. Aqua Coolers adds to Quench’s growing presence in the Chicago, Illinois area, and Avalon Water enhances Quench’s leading position in the Atlanta, Georgia metropolitan area, and marks the first acquisition of a Wellsys dealer since the acquisition of Wellsys in September 2017.
“We are excited to announce these transactions, our 7th, 8th and 9th acquisitions since our IPO, as we continue to execute our growth strategy,” commented Tony Ibarguen, President of AquaVenture Holdings and CEO of Quench. “These strategic deals expand our client base in existing and new markets, and bring our total rental asset base to over 125,000 company-owned units across the US and Canada. We are honored to welcome all of our new teammates and clients to the AquaVenture family.”