New investor T Rowe Price joins existing Quench investors Element Partners, Virgin Green Fund, Douglas Brown, ORIX Ventures, Advent-Morro Equity Partners, Potomac Energy Fund and The Pohlad Companies.
“We are uniquely positioned to capitalise on the growing popularity of filtered water, as well as on the value businesses are placing on more economical and environmentally friendly practices,” said Quench CEO Tony Ibarguen. “We intend to use these funds to invest in organic sales and strategic acquisitions over the coming year.”
“Our investment group is excited to continue supporting the growth and success of Quench,” said Douglas Brown, Quench’s chairman of the board, “and we are glad to have the support of our newest investment partner, T Rowe Price.”
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