Industry:

Capital Goods

Transaction Type:

Management Buyout

Location:

Exeter, CA

CVF Securities:

Subordinated Debt and Preferred Stock

Waterman Industries started from humble beginnings in 1912 when W.A. Waterman moved his sheet metal shop to Exeter, CA to better service the Central Valley. In 1953, Waterman Industries built its first cast iron canal gates and shortly thereafter was fabricating larger and more complex radial and slide gates for use in the expanding federal water projects throughout the West.

The Company was sold to McWane, Inc. in March, 2018.