SePRO Corporation announced Stanley Capital Partners has made a strategic, majority investment into the business. Goldman Sachs Alternatives will also participate as a minority co-investor. This investment will further accelerate SePRO’s ability to bring the best-in-class solutions, technologies, and technical support to customers in water management, the green industry and specialty agriculture.
“For the last three decades, our mission and purpose has been to protect, preserve and restore more nature,” SePRO President Dr. Tyler Koschnick said. “We want to first thank Excellere Partners for supporting our growth as a portfolio company of theirs since 2019. Going forward, we are excited to begin working with our new partners Stanley Capital Partners and Goldman Sachs Alternatives, as their strategic investment will support and expedite our efforts to deliver on our mission.”
SePRO’s consistent historical growth has been driven by high levels of customer engagement and product innovation that has yielded a strong and resilient brand identity. This partnership allows SePRO to tap into a new set of resources, to accelerate continued innovation in products, technologies and digitization, leading to an enhanced customer experience.
“Every day we read headlines about beaches being closed, phosphorus pollution in lakes, invasive weeds, and toxic algae destroying our ability to enjoy our water resources,” Koschnick said. “By providing expanded problem-solving products and services to the market, we will be able to offer customers unsurpassed technical support and solutions for water quality restoration globally.”
Stanley Capital founding partner James Brooks added: “We are excited to partner with SePRO leadership and Goldman Sachs Alternatives to build a technology-enabled growth story that will continue to build on the significant success of SePRO in profitable partnerships with clients to protect, preserve and restore nature. Investing in protecting our global water resources is core to SCP’s Resource Efficiency strategy.”
Patrick Hargutt, also a founding partner at Stanley Capital, reiterated the confidence in the company’s investment. “We identified SePRO as an attractive platform,” Hargutt said. “The mission of using innovation to create environmentally responsible solutions to protect and preserve surface water bodies is incredibly powerful and this strategy aligns perfectly with our focus on Resource Efficiency. We look forward to supporting Tyler and SePRO’s impressive leadership team in driving this exciting new chapter of growth across the United States and beyond.”
Barclays served as lead financial advisor to SCP and Sidley Austin LLP served as legal advisor. Raymond James served as lead advisor to SePRO and Piper Sandler served as co-advisor to SePRO, while Winston & Strawn LLP served as legal advisor to both SePRO and Excellere Partners.
