Private Equity Firm TJC to Invest in USALCO, LLC

USALCO, LLC, a leader in water treatment solutions for municipal and commercial customers, has announced that TJC, L.P. will acquire a controlling interest in the company.

Headquartered in Baltimore, Maryland, USALCO provides water treatment coagulants, digital dosing technologies, and services through 33 manufacturing and distribution centers across the United States. The company will continue to be led by its current management team.

TJC's investment follows H.I.G. Capital's acquisition of USALCO in June 2020. H.I.G. supported USALCO's growth through acquisitions and expanding its product lines and geographic reach.

USALCO CEO Ken Gayer expressed enthusiasm about the partnership with TJC, highlighting plans to expand their Specialty Coagulants platform and digital offerings. Ian Arons, Partner at TJC, emphasized the growing need for advanced water treatment solutions.

The transaction is expected to close by the end of Q3 2024, pending regulatory approvals.