#USA #Private Equity #Quad-C Management #Katy, Texas #Accurate Meter Supply

Quad-C Management Partners with Accurate Meter & Supply

In an exciting move marking a significant growth opportunity, Quad-C Management, Inc., a prominent private equity firm focusing on middle-market investments, has revealed its latest strategic investment in Accurate Meter & Supply, based in Katy, Texas. This partnership aims to bolster Accurate's capacity in providing comprehensive water, sewer, and drainage distribution and services vital for municipal, residential, and commercial infrastructure.

Founded in 1988 by Dayne and Jamie Burson, Accurate Meter & Supply has carved out a solid reputation for itself in the Texas area. Initially established as a meter testing and repair services company, Accurate has evolved into a highly technical and consultative distributor known for its deep understanding of the industry and commitment to customer satisfaction.

A Partnership Based on Mutual Values

The investment will see Quad-C working closely with Accurate's existing executive management team, who are remaining in their roles and maintaining substantial ownership stakes in the company. This collaborative effort is aimed at fueling Accurate's growth trajectory, facilitating both organic growth and strategic acquisitions that will extend its reach and enhance service capabilities.

Co-Chair of Accurate, Jamie Burson, expressed his enthusiasm for the partnership, stating, "We are thrilled about the opportunity to partner with Quad-C, a firm that truly understands and respects our core values. Their expertise aligns perfectly with our vision for growth."

His counterpart, Dayne Burson, reiterated this sentiment, explaining that Quad-C’s extensive experience with founder-owned businesses in specialty distribution played a significant role in their decision to team up. "The cultural alignment and shared vision for becoming a leading super-regional and eventually national distributor resonated with us on many levels."

Quad-C's Commitment to Growth

Michael Brooks, a partner at Quad-C, highlighted Accurate's outstanding reputation within the sector, emphasizing that the company's technical expertise and consultative service model present enormous value for its customer base. He remarked on Accurate’s long-standing success and expressed optimism about assisting the company in navigating the next stage of its expansion.

Furthermore, Michael Hamod, Vice President at Quad-C, referred to Accurate as a strong addition to their portfolio of specialty distribution investments, which also includes various prominent names such as Legacy Food Group and WOLF. "We are excited to work alongside Accurate's management team to not just expand geographically but also to enhance service offerings, harnessing existing industry trends to achieve remarkable growth."

Accurate Meter & Supply: A Look Forward

As part of its portfolio, Accurate Meter & Supply plays a critical role in offering a wide array of waterworks products, including meters, pipes, valves, fittings, hydrants, and related services such as leak detection and flow testing. With over three decades in business, the company has established itself as a trusted partner in its market, showing consistent organic growth and an unwavering commitment to the quality of its services.

In line with this investment, Quad-C Management aims to provide the necessary capital and resources to ensure that Accurate continues to thrive, all while adhering to its established values and commitment to excellence. This partnership is poised to put both Quad-C and Accurate Meter & Supply on a path toward unparalleled growth in the specialty distribution landscape.

About Quad-C Management

Founded in 1989 and based in Charlottesville, Virginia, Quad-C Management prides itself on fostering partnerships with management teams and entrepreneurs within established service and industrial sectors. With a track record of deploying $4.6 billion in capital across various companies and investments, Quad-C continues to drive long-term value through strategic collaborations. For more information on Quad-C's initiatives, please visit www.quadcmanagement.com.

About Accurate Meter & Supply

Accurate Meter & Supply has established itself as a dedicated provider of water, sewer, and drainage products since its inception. Serving municipal, residential, and commercial markets, the company promotes a wide variety of waterwork solutions coupled with exceptional technical services. To learn more about Accurate Meter & Supply, visit www.accuratemeter.com.