TAMPA,
Fla., Aug. 6, 2024 /PRNewswire/ -- Flotilla
Partners, an Osceola Capital portfolio company, is pleased to
announce the successful acquisition of Water Treatment Technologies
of Florida ("WTT"), a move that
significantly strengthens Flotilla's market position and customer
base. Founded in 2004 and headquartered near Orlando, FL, WTT is a leading provider of
water treatment services for residential and commercial customers
in Central Florida. The
acquisition marks Flotilla's 8th acquisition since the
platform's launch in January of 2023.
The acquisition of WTT bolsters Flotilla's presence in several
high growth Florida markets
including Orlando, Tampa, and Jacksonville. WTT also further enhances
Flotilla's reputation as the leading water treatment services
business in the state of Florida.
Visit www.wttfl.com.
Walter Conner, CEO of Flotilla,
said, "We are thrilled to have WTT's talented team join Flotilla,
recognizing their deep industry expertise, robust salesforce,
successful track record, and shared vision to provide customers
with world-class water treatment services. Combining Flotilla and
WTT unlocks substantial growth and synergy potential, while also
fortifying Flotilla's position in the market."
Patrick Watkins, Partner at
Osceola Capital, said, "The acquisition of WTT aligns with
Flotilla's growth strategy to become the leading provider of water
treatment services in Florida and
the broader Southeast through the acquisition of exceptional
businesses that complement our existing geographic footprint and
service offering. WTT expands Flotilla's reach into new service
areas while increasing our presence and density in existing
markets."
About Flotilla Partners
Flotilla Partners provides
maintenance, repair, testing and installation of water treatment
systems to residential and commercial customers
across Florida and the broader Southeast. The Company
specializes in water filtration, water softening, well water pump
and filtration, and water heating systems. Please
visit www.flotillapartners.com for additional
information.
About Osceola Capital
Osceola Capital is
a Tampa-based private equity firm that invests in lower
middle-market services companies, typically with EBITDA up
to $10 million. Osceola has extensive experience
partnering with management teams to execute buy-and-build
strategies and drive long-term value creation.
Visit www.osceola.com to learn more.
For additional information about Flotilla, please
contact Patrick Watkins at Osceola Capital or Walter
Conner at Flotilla Partners.
Contact: Chris Tofalli
Chris Tofalli Public Relations, LLC
914-834-4334
View original
content:https://www.prnewswire.com/news-releases/flotilla-partners-announces-acquisition-of-water-treatment-technologies-of-florida-302214835.html
SOURCE Flotilla Partners