WaterStation Technology LLC acquired Generational Equity client A&R Services on May 8, 2018.
A&R Services is a vending machine supplier for micro market, fresh food, candy, soda, snack and coffee vending machines, as well as a vending supply products provider for the greater Colorado Springs and Denver market. It is based in Colorado Springs.
WaterStation Technology designs and manufactures bottle-less water stations that are environmentally friendly and healthy. The company, based in Everett, Washington, has developed groundbreaking self-serve purification systems that produce premium mineral water that is not only more affordable than most bottled water, but also much more ecologically responsible.
Generational Equity Senior Managing Director Stephen Crisham’s team, led by trusted affiliate Connie Arcement-Flynn with support from VP Lori Galloway, successfully closed the deal. Executive Managing Director Edward Weber established the initial relationship with A&R Services.
“My job is especially rewarding when I can be instrumental in bringing two synergistic companies together, to make them both even stronger in the market,” said Connie Flynn.
“With Waterstation’s ambitions to disseminate their water filtration systems into the corporate U.S. environment with A&R Services’ penetration in that space, this promises to be a successful merger, resulting in a successful enterprise.”
Our M&A professionals are committed to guiding mutually beneficial transactions such as this to a successful conclusion for both parties, with extensive experience in the food and beverage sector.
If you would like to learn more about our history in this industry, visit our dedicated Food & Beverage page.
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