The investment will help UGSI Solutions to fuel continued growth in a water quality market driven by climate change, increasing population density, aging infrastructure and resource scarcity.
“Baird Capital provides more than just a source of capital,” said Andy Seidel, chief executive of UGSI. “Their partnering approach, industrial presence and deep experience with growth companies provide the bench strength for the next stage of growth for UGSI solutions.”
“We are very pleased to partner with Andy and UGSI’s strong leadership team,” said Rob Ospalik, partner with Baird Capital’s private equity team. “This investment aims to drive continued growth and operational improvements across the business so UGSI can continue innovating and driving success for their customer base.”
Ospalik and Baird Capital vice president Becca Schlagenhauf have joined UGSI’s board of directors as part of the investment deal.