Brookside Capital Partners is pleased to announce its investment in Sepratech Liquid Solutions ("Sepratech" or the “Company”). Founded in 1989 and headquartered in Gonzales, LA, Sepratech is an industrial water and wastewater treatment service provider that offers solutions across the Gulf Coast specializing in clarification, filtration, demineralization, service contracts and aftermarket support.

Brookside Capital Partners provided unitranche debt and an equity co-investment to support the acquisition of Sepratech by HKW, Inc., an Indianapolis, IN-based private equity firm.  "We are grateful to have been selected by HKW to provide a creative financing solution that supported their acquisition of Sepratech," said Gregory Foy, Partner at Brookside Capital Partners. "HKW has a long track record of investment in the water services industry, and we look forward to help build the Company even more as it enters this next phase of growth."

Brookside has invested $1.4 billion since its founding in 2001.  We are a leading provider of flexible capital solutions to lower middle-market companies, typically in the form of subordinated debt, unitranche loans and minority equity co-investments. Brookside generally invests $5 million to $30 million per transaction and has the resources to complete larger transactions, as well, by partnering with limited partners and associates. As a firm, we believe in partnership, collaboration, and achieving results together. We value the relationships with our sponsor and management partners and seek to find credit solutions that work for each unique situation. We deliver on our promises.

INVESTMENT CRITERIA

• >$15 million revenue
• >$4 million EBITDA
• EBITDA margins over 10%
• Stable historical performance and predictable cash flows
• Strong management teams
• Identifiable competitive advantages

PREFERRED SECTORS

• Business Services
• Consumer
• Distribution
• Healthcare Services
• Manufacturing
• Transportation & Logistics

Please contact us or visit our website at www.brooksidecp.com for additional information.
We welcome investment proposals and promise a prompt and confidential response.