Tuesday, October 20, 2009

Bunker Hill Capital, partner Borden target water/wastewater investments

By Mass High Tech staff

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Private equity firm Bunker Hill Capital is planning to make investments in the water and wastewater industries, and it has found a partner in former Crane Environmental president Donald W. Borden Jr. to help in the process.

The firm said today it is targeting water and wastewater as an area pegged for growth.

Borden previously headed up the water treatment group at Crane Co.’s division, Crane Environmental, which achieved double-digit growth over five years, according to a release from Bunker Hill Capital. The division grew with the adoption of lean enterprise and six sigma techniques.

Bunker Hill Capital invests in companies valued at up to $150 million over four industry sectors including industrial products, consumer products, business services and specialty retail. To date, the private equity firm has directed $400 million into 29 transactions.