Quench has acquired substantially all of the assets of Aguaman Inc., a point-of-use water filtration company based in Miami.
This acquisition is Quench’s 10th since the beginning of 2018 and adds approximately 900 customers, growing its customer base by more than 50 percent in the top-10 U.S. metro area of South Florida.
Quench, based in King of Prussia, is an operating segment of AquaVenture Holdings Limited and a provider of filtered water coolers, ice machines, sparkling water dispensers and coffee brewers for businesses across the United States and Canada.
“We are excited to announce the acquisition of Aguaman in the high-growth South Florida market," Quench COO Todd Peterson said. "Aguaman was a dealer of Bluline, the South Florida-based water cooler distributor we acquired in December of 2018. Our ability to provide exit opportunities to our extensive network of independent dealers is a meaningful differentiator for Quench and supports our inorganic growth strategy.”