Bessemer Venture Partners-backed Tencarva acquires WWaterTech

Tencarva, a Greensboro, North Carolina-based distributor and service provider of flow control and process equipment solutions, acquired WWaterTech in an undisclosed transaction backed by Bessemer Venture Partners. The acquisition expands Tencarva's industrial and municipal market presence, adding WWaterTech's specialized water technology solutions to its portfolio. WWaterTech, a provider of water treatment and wastewater management systems, serves municipal and industrial clients across the U.S. The deal aligns with Tencarva's strategy to strengthen its position in the water infrastructure sector. No financial terms or operational details beyond the acquisition were disclosed in the announcement.

Counterparts (3)

Seller

WWaterTech

company · 1 deals

Texas-based water and wastewater technology distributor representing equipment manufacturers for municipal markets in Texas and Oklahoma, providing project support from specification to long-term system performance since 2006.

Investor

Bessemer Venture Partners

company · 1 deals

Bessemer Venture Partners is a venture capital firm that invests in early-stage companies across various sectors, including AI & ML, biotech, cloud, consumer, cybersecurity, and healthcare. They partner with entrepreneurs from their early days through every stage of growth, providing insights and support to build enduring companies.

Buyer

Tencarva

company · 1 deals

Greensboro, NC-based industrial and municipal process equipment distributor, engineering partner, and full-service repair provider serving 16 U.S. states with pump systems, water/wastewater treatment equipment, and automation services.