HKW, a middle-market private equity firm focused on growth companies, has acquired Sepratech Liquid Solutions (“Sepratech”).

Sepratech is an industrial water and wastewater treatment service provider headquartered in Gonzales, LA. Founded in 1989, Sepratech offers solutions across the Gulf Coast specializing in clarification, filtration, demineralization, service contracts, and aftermarket support.

“HKW shares our goal of accelerating our company’s growth while maintaining the high regulatory, safety and environmental standards that Sepratech has historically provided our customers,” said industry veteran Patrick Troy, who joined Sepratech as CEO at the closing of the transaction. “Their expertise and support will be instrumental as we seek to expand through new initiatives in marketing, sales, and operations.”

“Sepratech fits right into HKW’s core strategy of helping grow mission critical engineered solution manufactures and distributors,” Laurence Lederer, Partner at HKW, says. “HKW is assembling a team around Patrick Troy, that will give Sepratech the opportunity to grow quickly and also providing operating assistance to help the company maintain high quality and customer satisfaction requirements. We are particularly happy that Zach Nichols, a HKW operating executive, who was formerly with ProAct Services a previous HKW investment will be joining the team at closing.”

The financial terms of the transaction were not disclosed.

About Sepratech Liquid Solutions (“Sepratech”)

Sepratech is an industrial water and wastewater treatment service provider headquartered in Gonzales, LA. The company has additional operational facilities in Willis, TX and Lake Charles, LA allowing it to serve customers across the Gulf Coast. Since 1989 Sepratech’s specialized services have included: industrial wastewater clarification, filtration, ion exchange, reverse osmosis, system automation, sludge de-watering, membrane cleaning, short and long-term rental contracts. The company also provide service contracts, operating contracts, filter media and resin change-outs for its customers, equipment inspections and repairs, system maintenance, and vessel internal repair/replacement.

For more information on Sepratech, please visit sepratechcorp.com/.

About HKW

HKW is a middle-market private equity firm investing in companies with talented management teams in the US and Canada. HKW targets companies in the manufacturing, distribution and business services sectors. Since 1982, HKW has sponsored 71 platform transactions of lower middle-market companies throughout North America and 80 add-on acquisitions. For more information on HKW, please visit hkwinc.com.

Advisors

Taft Stettinius & Hollister LLP served as legal advisor to HKW. Brookside Capital Partners and LongWater Capital Solutions provided financing for the transaction.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250714989267/en/