Scott Capital takes stake in Valterra Products
Scott Capital Partners announced that it led the recapitalization of Valterra Products, taking an ownership stake with founders George Grengs and Dennis Lunder, who remain significant shareholders.
Based in Mission Hills, Calif., Valterra is a designer and manufacturer of brand name fluid control products to the recreational vehicle, pool & spa, and industrial markets.
"Valterra has developed a strong presence in each of its respective markets, and has built a trusted and respected brand name. Together with Valterra’s leadership team, our goal is to grow the company even further, both organically and via acquisitions, while continuing Valterra’s tradition of offering high-quality, value-added products,” said Greg Scott, managing director of Scott Capital.
Added George Grengs, president of Valterra: “We were looking for the right partner to help accelerate the growth of Valterra; someone who understood and appreciated the nuances of our business, as well as someone who could provide both capital and sound strategic advice to our team. After careful consideration, we found that partner in Scott Capital. They have a wealth of experience and success in taking each company with whom they partner to a higher level while keeping in place what makes each company great – its people, reputation, and commitment to the customer.”
Founded in 1981, Valterra offers more than 3,500 products and accessories, including valves, fittings, regulators, hoses, sewer kits, as well as pool water test kits, pumps, filters and cleaning accessories.
Scott Capital is a Connecticut-based private investment firm that focuses on companies that offer the opportunity for solid, achievable growth and capital appreciati on.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
