Water quality-focused environmental restoration solutions company SePRO announced a majority investment from healthcare and resource efficiency private equity investor Stanley Capital Partners (SCP), alongside Goldman Sachs Alternatives as a minority investor.

Founded in 1994, Indiana-based SePRO develops solutions aimed at protecting, preserving and restoring nature, with a focus on plant protection and water resource management products and services. The company’s solutions serve a wide range of industries including drinking water reservoirs, industrial and commercial water consumers, flood prevention, irrigation districts for food production, watershed management, leisure, tourism and specialty agriculture.

According to Stanley Capital, the investment comes as water quality increases in importance, with changing temperatures and environmental conditions adding to the prevalence of nutrient pollution, algae and invasive species problems. SCP Founding Partner Patrick Hargutt added that the firm identified SePRO as “an attractive platform for consolidating” the water and water-related solutions space.

Hargutt added:

“SePRO’s mission of using innovation to create environmentally responsible solutions to protect and preserve surface water bodies is incredibly powerful and this strategy aligns perfectly with our focus on Resource Efficiency.”

According to SePRO, the new investment will be used to accelerate the company’s ability to provide solutions, technologies and technical support to customers in water management and other sectors through organic growth strategies and acquisitions.

SePRO President Tyler Koschnick said:

“On a daily basis, we continue to read headlines about beaches being closed, dangerous phosphorus pollution found in lakes, invasive weeds taking over and toxic algae destroying the fundamental ability to enjoy our water resources. By providing expanded and innovative problem-solving products and services to the market, we will be able to offer customers unsurpassed technical support and solutions for water quality restoration and Resource Efficiency on a truly global basis.”

Financial details of the transaction were not disclosed.