Metrix Capital Invests in Superior Water Tech
Published on by Water Network Research, Official research team of The Water Network in Business
Metrix Capital Group said it has provided a growth capital investment to Superior Water Technologies Inc., California-based company makes equipment for the municipal water industry throughout the Western U.S.
METRIX Capital Group, LLC, an Orange County based Venture Capital firm, has closed a transaction that provides Superior Water Technologies, Inc. the growth capital needed to increase their footprint in the Municipal water disinfection and treatment industry.
"We take water for granted, but the things that Mark and SWT are doing are cutting edge and I'm not sure that anyone in the industry has the reputation and quality of work that SWT has in So Cal.", said Jeff Brannon, Managing Director of METRIX Capital Group, LLC. "We are thrilled to be a part of this journey."
"These are exciting times here at Superior Water. Growth is robust, and our partnership with METRIX will allow us to continue the pace." , said Mark Malmquist, President of SWT. "Together, we have the technology and financial strength to bring products to an industry hungry for solutions to the challenges of improving drinking water quality"
The superior performance of our products allows us to compete with, and out-pace, even the largest of the industry's manufactures. SWT's patented VORTEX water reservoir mixing and purification systems have proven to be the highest performing products available. Our water treatment chemical storage and metering systems are fast at becoming a ‘no equal' specified product in the industry.
Water disinfection is one of the most important chemical processes on earth and required by law in every state. Superior Water Technologies provides expert services to this industry, and now, with METRIX as a partner, will be introducing new OSG products to this marketplace allowing SWT to become an industry leader in this technology.
"With the partnership of METRIX and SWT now in place, we expect to bring additional high performing products to market at a rapid pace. Yes, these truly are exciting times here at SWT, we are thrilled to be a new member of the METRIX family"
Source: PEHUB
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