Spotless Water secures new £6.35 million investment, led by YFM Equity Partners
A pivotal moment for Spotless Water® Ltd securing a £6.35 million investment led by YFM Equity Partners to accelerate the number of pure water stations in its network.
Spotless Water® is a pioneering provider of pure water services in the UK, operating a network of self-service filling stations that offer zero-TDS pure water for various uses including window cleaning and automotive detailing. Spotless plans to substantially grow the number of pure water stations in its network in the next 12 months and expand 24/7 access to pure water for the professional cleaning and detailing businesses which rely on it.
The investment will be also used for additional customer-focused improvements, including station upgrades and continued trialling of integrating Spotless Water® into on-site jet wash bays.
Capital Law’s Corporate and Private Equity team advising on the investment included Tom Kelleher, Emma King, Elis Phillips, Cerith Bevan, and Bobby Wakefield. Tom Kelleher explained:
“Spotless are now leading the way in the pure water sector and the new investment and backing from YFM will turbo charge Spotless’ already strong growth, with an even greater focus on improving its customers’ experience. This is definitely one to watch and it’s been a genuine pleasure to support Spotless once again on its mission to dominate the pure water sector.”
Spotless Water® Ltd also shared the following:
“Spotless Water® is moving into another exciting phase. This latest round of investment allows us to accelerate our next stage of growth and build on the success we’ve already had. This funding will allow us to grow our market presence and deploy the patent-pending technology we’re so proud of. We are excited about the growth and opportunities that lie ahead.”
Elis Phillips
Associate
Corporate & Private Equity, Corporate Advisory, Growth & Venture Capital, Mergers & Acquisitions, Private Equity
Elis is an Associate in our Corporate & Private Equity team. Elis, a first language Welsh speaker, advises on a wide range of corporate advisory and transactional matters. Some recent highlights ... Read More
