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Equity firm acquires Mountain Valley Water Company

By Gavin Lesnick

This article was published March 4, 2014 at 12:44 p.m.

Hot Springs-based Mountain Valley Water Company has been acquired by Great Range Capital, the private equity firm announced Tuesday.

The Leawood, Kan.-based equity firm said in a statement that Mountain Valley management was among a team of investors behind the acquisition. Terms of the deal were not released, and a company spokesman didn't immediately return a message seeking additional information.

“Mountain Valley has an impressive and treasured heritage of providing consumers the finest spring and sparkling spring water,” Mountain Valley Chief Executive Officer Breck Speed said in the statement. “Our partnership with Great Range Capital positions us well for continued growth and success. We now have an even greater ability to deliver the high quality products and services our customers have come to expect from Mountain Valley.”

Established in 1871, Mountain Valley is said to be the oldest continuously operated bottled water company in the country.

Great Range Capital primarily invests in midwestern companies with revenues between $10 million and $150 million, the news release states.

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Displaying 1 - 2 of 2 total comments

rbelv_aol.com says... March 4, 2014 at 5:38 p.m.

Yeah. How long before these pirates do what they did to Hawker Beechcraft?

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RBBrittain says... March 4, 2014 at 5:54 p.m.

@rbelv: Where do you see Goldman Sachs in this announcement? They raped HB like they have so many other companies -- though HB's biggest problem was the market for corporate jets went south at the WORST possible time and Hawker had the WRONG product line vs. its respective cross-town competitors (Dassault Falcon Jet here & Cessna in Wichita). I have my skepticism too, but at least THIS equity firm seems to be a little more sensible.

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