PumpMan Expands Capabilities in NYC with the Addition of ABC Electric Corp.
NEW YORK – April 2, 2019 – PumpMan, a leading nationwide provider of pump service and repair and a portfolio company of Soundcore Capital Partners, successfully completed its tenth acquisition with the addition of Astoria, New York-based ABC Electric Corp. This is PumpMan’s second New York City acquisition and complements its December 2017 purchase of Brooklyn-based PumpMan NYC (formerly Federal Pump Service & Repair).
“ABC Electric Corp. continuously strives to be the most responsive and knowledgeable provider of service and repair for electric motors, variable frequency drives, and electro-mechanical controls for the commercial, industrial, and OEM markets in New York City,” said Ivano Riccoboni, President of ABC Electric Corp. “This acquisition provides the opportunity to combine forces with another longstanding NYC service and repair company, invest for growth, and offer increased capabilities to the customers in New York City and the surrounding area.”
Serving New York City’s five boroughs, Lower Westchester county, Long Island, and Northern New Jersey, ABC Electric Corp. dispatches knowledgeable, factory-trained technicians to conduct an array of field services such as motor rewind, pump repair, and electro-mechanical troubleshooting.
“With the combined experience and expertise that comes from PumpMan NYC’s Brooklyn location and ABC Electric Corp., our commercial, industrial, and municipal customers have access to an incredible organization with the critical tools needed to be the best and most capable provider of comprehensive pump and electrical services in the New York City metropolitan region,” said Donald Devine, President and CEO of PumpMan.
The founders of ABC Electric, Ivano Riccoboni and Atys Papageorge, will be succeeded by Sal Piascik, previously ABC’s service manager, who has been promoted to Business Unit Manager of ABC PM LLC.
PumpMan Increases Phoenix Presence with Acquisition of Scott’s AZ Motor Electric Repair
SADDLE BROOK, N.J. and PHOENIX, A.Z. – September 17, 2018 – PumpMan, a leading nationwide provider of pump service and repair, successfully completed its second acquisition in the Phoenix market with the purchase of Scott’s AZ Motor Electric Repair (Scott’s). Scott’s provides service and repair for mechanical components such as motors, pumps, head pulleys, fans, blowers, and motor controls for the commercial and industrial segments.
“As PumpMan expands its network of high-quality service centers around the U.S., it’s only natural that we add a company with complementary competencies like Scott’s,” said Donald Devine, President and CEO of PumpMan. “As one of the fastest growing cities in the U.S., Phoenix is an ideal market for expansion of the network. With the acquisition of Scott’s and the recent purchase of Southwest Waterworks Contractors, we now offer comprehensive pump system repair services to the region.”
Post-close, former owners Scott Sleeth and Judd Whalen will continue to lead the company supporting future growth initiatives. As part of the growing PumpMan network, the company will transition to “A PumpMan Phoenix Company” later this year, providing the same exceptional service customers rely upon.
“PumpMan provides the opportunity to build on Scott’s prior success, invest for growth, and offer increased opportunities for our employees and the market,” said Scott Sleeth, former owner of Scott’s AZ Motor Electric Repair. “The acquisition marks a new and exciting chapter for the company, and Judd and I look forward to being a part of the growing PumpMan network.”
About PumpMan Holdings LLC
Dating back to 1976, PumpMan is a leading nationwide provider of pump service and repair. The Company focuses on serving the needs of pump end-users to optimize the performance and reliability of their pumping systems.
With roots in Southern California, PumpMan provides onsite service, repair, parts and expertise to the commercial, municipal and industrial markets in Southern California (PumpMan SoCal), Northern California (Bartley Pump and GroundWater Pump & Well) Philadelphia (PumpMan Philly), Phoenix (Southwest Waterworks Contractors), Pittsburgh (PumpMan Pittsburgh), and the New York Metro Area (Federal Pump). PumpMan seeks to expand its service network by acquiring well established pump sales, service and repair companies in major markets in North America. For more information, visit www.pumpman.com.
About Soundcore Capital Partners LLC
Soundcore Capital Partners, LLC, founded in 2015, is a New York City-based private investment firm specializing in control equity investments and leveraged buyouts of lower middle market North American (US or Canada) headquartered businesses. For more information, visit www.soundcorecap.com.
PumpMan Enters the Phoenix Market with the Acquisition of Southwest Waterworks Contractors
SADDLE BROOK, N.J., July 9, 2018 – PumpMan, a leading nationwide provider of pump service and repair, successfully completed the acquisition of Phoenix, Arizona-based Southwest Waterworks Contractors Inc. Specializing in design, installation and repair of pumps and pump systems, Southwest Waterworks serves the municipal and private utility markets in the greater Phoenix metropolitan area.
“Phoenix is one of the fastest growing metropolitan areas in the U.S., adding more than a million residents since 2000,” said Donald Devine, President and CEO of PumpMan. “With this rapid growth, there’s a tremendous need for increased capabilities and scale within the water and wastewater industry. We look forward to building on the knowledge and expertise of Southwest Waterworks, and providing the tools and support necessary to enable the company to meet the region’s increased water demands.”
Post-close, former owners John Baily and Mike Richardson will continue to lead the company and support near-term growth initiatives. As part of the growing PumpMan network, the Company will transition to “A PumpMan Phoenix Company” later this year, providing the same innovative solutions customers have come to reply upon.
“Both PumpMan and Southwest Waterworks share the same values and commitment to our customers and technicians. Therefore, it was a natural fit for Southwest to become a part of this rapidly growing network and provide long-term stability for our employees,” said John Bailey and Mike Richardson, Owners of Southwest Waterworks Contractors. “PumpMan will be able to build on the success of our hard work, and we look forward to watching it grow.”
PumpMan Acquires Groundwater Pump & Well
Acquisition to Enhance Technical Competencies of PumpMan’s Santa Rosa-based Bartley Pump
SADDLE BROOK, N.J., July 9, 2018 – PumpMan, a leading nationwide provider of pump service and repair, successfully completed the acquisition of Healdsburg, California-based Groundwater Pump & Well. PumpMan will integrate Groundwater into its Santa Rosa-based Bartley Pump later this year, relocating its employees, equipment and inventory to Bartley’s location. Since 1990, Groundwater Pump & Well has provided innovative clean water solutions for the residential, commercial, agriculture, water treatment, and well-rehabilitation industries.
“Coupling Groundwater’s employees and technical competencies with the experience and institutional knowledge of Bartley Pump positions the Company for growth and success in Northern California,” said Donald Devine, President and CEO of PumpMan. “This bolt-on acquisition is key to developing scale in the region, and growing the company into a strong nationwide player in the industry.”
Ron Foster, Sr., President of Groundwater Pump & Well, will remain with the company following close, as will his son Ron Foster, Jr. They will work together with the Bartley team to build a stronger company able to meet the needs of customers and create an attractive workplace for all employees. As part of PumpMan, the Bartley and Groundwater brands will remain active and add “ A PumpMan NorCal Company” at year-end.
The introduction of “A PumpMan NorCal Company” branding is an important step in leveraging the legacy of the local companies while joining them to the strength and capabilities of a growing national brand. Customers will continue to receive the same exceptional service from a more capable company.
PumpMan Holdings Acquires W.C. Weil
Expands Service to Include Greater Pittsburgh Market
SADDLE BROOK, N.J., August 30, 2017 — PumpMan Holdings LLC, a Soundcore Capital Partners, LLC portfolio company, successfully completed the acquisition of Allison Park, Pennsylvania based W.C. Weil. W.C. Weil is a pump equipment and systems service provider for municipal water and waste water treatment systems.
Founded in 1978, W.C. Weil offers new equipment sales, product start-up, routine inspection, field trouble shooting and repairs, asset management, and operator training. As part of PumpMan Holdings, the company will continue to operate under the W.C. Weil brand, providing customers with exceptional service and technical support to maintain and repair expensive municipal assets.
“W.C. Weil’s market knowledge and expertise positions the company as a trusted partner and resource for municipalities throughout the Western Pennsylvania, West Virginia, and Western Maryland region,” said Donald Devine, President and CEO of PumpMan Holdings. “W.C. Weil is an important piece in creating a national pump system service and repair company for the industrial, commercial, and municipal water segments. Through this acquisition, we can provide the resources required to accelerate the growth of the W.C. Weil Company and provide enhanced value to our customers.”
Following close, W.C. Weil’s owner, Greg Madia, will remain with the company, serving as President of the Sales Division. In this role, Mr. Madia will work closely with customers to identify and resolve critical issues.
“PumpMan Holdings provides the opportunity to build on the success of W.C. Weil, invest for growth, and offers increased opportunities for our employees,” said Greg Madia, Former President and Owner of W.C. Weil. “This next chapter of my career allows me to spend quality time with customers in the field – the aspect of my job that I’ve always enjoyed most.”
PumpMan Holdings Acquires Bartley Pump
Acquisition Expands Company’s Expertise to Include Agricultural Pump Service and Repair
SADDLE BROOK, N.J., August 30, 2017 — PumpMan Holdings LLC, a Soundcore Capital Partners, LLC portfolio company, successfully completed the acquisition of Santa Rosa, California based Bartley Pump. With more than 50 years in the industry, Bartley Pump specializes in submersible, centrifugal, jet, booster, turbine, sump, septic and grinder pumps and systems for residential, commercial, municipal, and agricultural uses. With the Company’s close proximity to the premium wine grape counties of Sonoma and Napa, Bartley Pump also provides extensive drip irrigation and frost protection systems for vineyards.
“With the acquisition of Bartley Pump, we expand our expertise to include agricultural pump system service and repair,” said Donald Devine, President and CEO of PumpMan Holdings. “With Northern California’s complex landscape and topography, Bartley Pump brings the unique knowledge base needed to service the intricate systems of the region. With this acquisition, PumpMan now serves both Northern and Southern California, making this an important step in growing PumpMan into a national brand.”
Following close, Don Kaminski, President and Owner of Bartley Pump, will remain with the company. As part of PumpMan Holdings, the company will continue to operate under the Bartley Pump brand, providing customers with exceptional service and technical support to maintain and repair expensive assets.
“The acquisition of Bartley Pump signifies a new chapter in the life of the Company,” said Kaminski. “Building on our prior success, PumpMan provides the opportunity for continued growth of the business and our employees. I look forward to being a part of this exciting transition.”
PumpMan Holdings Acquires the Assets of Brooklyn-based Federal Pump
Acquisition Extends Pump System, Service and Repair Business from New York to Philadelphia
SADDLE BROOK, N.J., January 3, 2018 – PumpMan Holdings, a Soundcore Capital Partners, LLC portfolio company, successfully completed the acquisition of the assets of Brooklyn, New York-based Federal Pump. Serving New York City’s five boroughs and parts of New York State for over 90 years, Federal Pump manufactures pump systems and provides service & repair in the metro area.
Leveraging the acquired assets of the company, PumpMan Holdings aims to re-establish Federal Pump as a leading pump systems and service & repair company serving the commercial, industrial, and municipal markets in the Tri-state area.
“This acquisition is an extremely important piece of growing PumpMan into a national service and repair business,” said Donald Devine, President and CEO of PumpMan Holdings. “With Alyan Pump in Philadelphia and the addition of Federal Pump in New York, PumpMan’s service and repair footprint now covers a large portion of the Northeast Corridor, allowing us to address our customers’ needs quickly and efficiently.”
Post-close, Christopher Murtagh, President of Federal Pump, will serve in the same role and lead the new company. As part of PumpMan Holdings, the new company will operate under the Federal Pump brand, providing customers with exceptional products and service to maintain and repair all pump makes and models.
“The acquisition of Federal Pump provides a wealth of growth and opportunity,” said Murtagh. “Federal Pump’s longstanding presence in the New York market opens the door for opportunity, backed by the resources of a nationwide pump system, service and repair company to help accelerate our growth.”