aquaTECTURE announces investment in Real Tech, Inc.
aquaTECTURE continues its commitment to creating safer and smarter water infrastructure through growth capital investment in leading provider of real-time monitoring solutions.
Source: aquaTECTURE, LLC
LOS ANGELES, CA, NOV 21, 2018 -- aquaTECTURE, LLC, a privately-held company with multiple operating businesses focused exclusively on the water and wastewater sector, along with its affiliated investment vehicle aquaTECTURE Holdings, LLC, has announced its investment and ongoing partnership with Toronto, Ontario-based Real Tech. Inc. Founded in 2004, Real Tech has grown to become a global leader in real-time monitoring solutions for water and wastewater systems.
Real Tech markets a variety of spectrophotometric analyzers which provide real-time, continuous scanning for contaminants and compounds across a wide range of complex applications. The analyzers leverage the company's patented and proprietary technologies, as well as its portfolio of thousands of deployed units, to provide unmatched accuracy, detection capabilities and reliability.
Real Tech CEO and Founder Jodi Glover commented, "Real Tech has built an extremely strong client and technology base, making us well-positioned for further expansion, especially with the launch of our new Liquid Ai platform. aquaTECTURE's unique profile as a strategic investor in the water space, along with our shared values, make them the perfect partner for helping accelerate Real Tech's vision of advancing how water is managed. We are incredibly excited to have them as partners as we seek to expand our footprint and penetrate additional markets".
Devin Sloane, aquaTECTURE's General Manager and CEO, said, "The water sector is in the early stages of a major transformation—both municipal and industrial players will be forced to adopt advanced technologies in order to ensure safer and more reliable supplies of drinking water to the communities they serve. We believe technologies such as Real Tech's optical analyzers can do exactly that, while minimizing unintended releases to the environment and ultimately, reducing costs to rate payers."
"Real Tech is at the forefront of this transformation," added Sloane, "providing both advanced hardware and data analytics services. We are excited to add Real Tech to aquaTECTURE's growing portfolio of best-in-class technologies through our investment affiliate, aquaTECTURE Holdings."
Founded in 2015, Los Angeles-based aquaTECTURE is a privately held, multi-strategy firm focused on the water and wastewater sector. The firm provides turnkey drinking water and wastewater systems, including design, engineering, construction, contracting, and operations. aquaTECTURE's subsidiary waterTALENT LLC maintains a best-in-class team of over 600 licensed water and wastewater engineers and operators with deep operational expertise in order to ensure project viability throughout the life of the system. aquaTECTURE is actively seeking growth-stage and asset finance opportunities in the broader water and wastewater sectors. To learn more, visit http://aquatecture.net/.
About Real Tech
Founded by Jodi Glover and Andrew Glover in 2004, Real Tech is bringing intelligence to water. The multiple award-winning company combines advanced real-time sensors with powerful data analytics to offer endless detection possibilities. We are empowering our clients with up to the minute insights that are important to them, helping to make critical decisions every minute of every day. The results of real-time information are significant including improved treatment performance and optimization, cost savings, compliance assurance, public health & safety, pollution control, environmental protection, improved water quality and more. With thousands of clients in over 50 countries around globe, we are enabling municipalities and industries, both big and small, to take control and always know what's in their water. To lean more, visit https://realtechwater.com/.