MILWAUKEE, March 15, 2018 /PRNewswire/ -- Cimbria Capital, a private equity firm conducting growth capital and early stage buyout investments in the agriculture and water sectors in North America and Europe, today announced the opening of a new office at The Water Council located in the Global Water Center in Milwaukee, Wisconsin. Launched in 2013, the Global Water Center is a 98,000 sq. ft. LEED-certified building that is considered the world's only state-of-the art water business and research facility. The Water Council is a world-leading water hub that drives economic, technology and talent development to support the global water industry. The Water Council convenes international water leaders and supports more than 180 members from small and mid-sized businesses and large corporations.
"We are very excited to expand Cimbria's influence in private equity with our new office with The Water Council," said Brian V. Iversen, managing partner of Cimbria Capital. "We look forward to contributing our transatlantic finance capabilities and management expertise to the talented network of water investors, companies, and professionals utilizing The Water Council as a designated cluster of collaboration."
"We are extremely grateful that Cimbria Capital has selected the Global Water Center and Milwaukee as the location where they see great opportunities to find promising water technology businesses to add to their investment portfolio," stated Dean Amhaus, president and CEO of The Water Council. "Coupled with a solid team of private equity professionals, what especially resonated with us is Cimbria's unique long-term vision for their investments, which will serve as another magnet when we are speaking with companies about Milwaukee's advantage as a water technology hub."
Wisconsin and Milwaukee, the Freshwater Capital of the World, have together coalesced over 200 international water companies and a dedicated network of water experts. As global water scarcity mounts due to evolving economies and demographics, water companies are anticipated to be in exceptional demand by industrial companies and governments seeking solutions to water security. Wisconsin's high concentration of water innovators therefore provides unique value to investment firms seeking to leverage quality deal flow and partnership opportunities in the sector.
"It is an honor to open Cimbria's second office in Milwaukee, Wisconsin and contribute to the region's water-focused investment and innovation," said Noah Sabich, director of Cimbria Capital. "With world demand for clean water growing exponentially, Cimbria looks forward to financing and scaling companies like those in Wisconsin that both address our water challenges and reward investors with outsized gains."
About Cimbria Capital: Cimbria Capital is a private equity investment firm based in Houston, Texas and Milwaukee, Wisconsin. The firm conducts growth capital and early stage buyout investments focused on the agribusiness and water sectors in North America and Northern Europe. Cimbria's mission is to generate superior returns for investors by capitalizing and scaling businesses solving some of the world's most important challenges.
About The Water Council: Headquartered in the Global Water Center in Milwaukee, Wisconsin, next to the world's largest freshwater system, The Water Council (TWC) is a non-profit organization that drives economic, technology and talent development to support the global water industry. As the leading U.S. cluster, and one of the most powerful water technology hubs in the world, the organization convenes global water leaders and supports more than 180 members from small and mid-sized businesses and large global corporations to engineers, entrepreneurs, utilities, government agencies, academia and non-profits, with valuable services, programming and networking opportunities. Established as a 501(c)(3) in 2009, the driving force behind The Water Council's success is the vibrant spirit of collaboration between public, private and academic sectors with a strong, shared commitment to finding innovative solutions to critical global water challenges.
About The Global Water Center: Opened in 2013, the Global Water Center (GWC) is a 98,000 sq. ft. (9,104 m2) facility located in downtown Milwaukee, Wisconsin housing water-centric research, office and collaboration facilities for universities, existing water-related companies and new, emerging water technology companies. With over 45 tenant organizations, the GWC continues to be a magnet for U.S. and foreign dignitaries, global water technology businesses, economic development organizations and students from all levels. The development of the GWC was an important milestone as it established a highly visible headquarter base for The Water Council and a landing pad for organizations to participate in the leading U.S. water technology hub.
The Global Water Center
The Water Council
SOURCE Cimbria Capital; The Water Council