Residential Water

Service Provider

March 2023
Southern U.S.
Industrial Services
Majority Acquisition
Partnership Dynamic
Founder-owned company looking to sell to focus on other interests

The founder of a reputable water well service company sought a buyer who could provide new leadership to the company while preserving the company’s deeply-rooted values


We acquired a majority interest and successfully recruited next generation leadership

Value-Add Governance

We established a board of directors with deep industry experience and a commitment to uphold the company's culture

Equity Upside

We structured an incentive plan to provide equity upside to leadership


We introduced software to streamline operations and accelerate marketing

With Portrait's mentorship and the leadership team's industry expertise, it's a perfect match.

The company's founder


The team has remained intact and morale is high. The company has maintained its foundational principles and is preparing for growth