Onesource Water recently announced the acquisition of Pure Water Carolinas, a distributor of bottleless water coolers in North Carolina and South Carolina. This acquisition strengthens Onesource Water’s  position  as one of the fastest-growing, bottleless water service providers, offering clean, great- tasting pure water to businesses of all sizes and in all industries.

As the resources of these two companies are combined, Onesource Water will assume management of the bottleless water filtration service for all Pure Water Carolinas customers. As  part  of  Onesource  Water’s   continuing expansion, the addition of Charlotte-based Pure Water Carolinas adds 260 customers to Onesource  Water’s  customer portfolio.

This acquisition completes the planned growth of Onesource Water for 2011 into four additional states and 1,800 new customers. Continued expansion in 2012 will build upon a current base of over 10,000 customers nationwide as Onesource Water strives to experience year over year growth of 50%.

www.drinkcleantogogreen.com

A search fund is a pool of capital raised to financially support the efforts of an entrepreneur, or a team of entrepreneurs, to locate a privately held company for acquisition.

About the Search Funds

BackCountry Capital (Denver, CO) is an entrepreneurial investment firm focusing on middle market business acquisitions. http://backcountrycapital.com/

High Park Capital Partners (Toronto, Canada) targets small to medium size services business with operations based in Canada. The team positions itself as a long-term capital provider for the next stage of growth for firms with $4 to $30 million in enterprise value  http://www.highparkcapital.com/

Mont Vista Partners (Toronto, Canada) focuses on Canadian and U.S. acquisition candidates with a stable recurring revenue base, strong growth potential, a high return on invested capital, and an existing sustainable competitive position http://www.montvistapartners.com

RHV was formed in 2008 to focus on search fund investments. It has completed 29 search fund investments since its formation.

Notes Paul Rogers, Managing Director for RHV. “Identifying acquisition targets and analyzing investments for upside potential is critical to search fund success. Each one of these search funds has the necessary training and expertise to execute on those priorities. HVCI focuses on the lower middle-market and looks for companies with recurring service revenues. Search funds use similar investment criteria, so our search fund investing is a natural extension of our overall strategy.”

About HV Capital Investors (HVCI), 
HV Capital Investors, LLC (http://www.hvcapitalinvestors.com) is a private investment company that provides debt and equity financing to companies that have the capacity to generate predictable cash flow from operations. The firm provides both senior and subordinated debt, and it makes non-control equity investments through an affiliate. HVCI was formed in 2003 and is headquartered in Bloomfield Hills, Michigan.

About RHV Capital (RHV), 
RHV Capital, LLC (http://www.hvcapitalinvestors.com) is an affiliate of HVCI that provides equity to search funds and makes minority investments in operating companies in conjunction with other institutional investors and private equity firms. RHV has invested in 25 search funds and has seven active minority equity investments in operating companies. RHV was formed in 2008 and is headquartered in Bloomfield Hills, Michigan.

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Zachary G. Urban, CFA is Principal of the HV Capital Investors

Prior to joining HVCI,  Urban spent ten years at Donnelly Penman & Partners (DP&P), a regional investment bank. At DP&P,  Urban specialized in merger and acquisition transactions (buy side and sell side), business valuations, financial advisory, due diligence services, and capital raising for middle market public and private clients.  Urban also worked in the Corporate Value Consulting practice of PricewaterhouseCoopers LLP (PWC). At PWC, he focused on business valuation services, strategic consulting, and corporate finance consulting for public and private companies, including multinational and Fortune 500 clients.

Urban also currently serves as Managing Director of Investments at Vlasic Investments, which is a private investment company with holdings in a wide variety of asset classes.

Notes Glenn Healey, Managing Director of HVCI, “Zac brings significant experience in investment analysis,  transaction valuation, leveraged buyout, capital structure analysis, forecasting and other critical areas.  He will play an instrumental role here at HVCI.  We look forward to working with Zac to identify and develop investment opportunities.”

Mr. Urban holds the Chartered Financial Analyst (CFA) designation and graduated with high honors from Michigan State University with a B.A. degree in Finance.

About HV Capital Investors (HVCI) HV Capital Investors, LLC (www.hvcapitalinvestors.com) is a private investment company that provides debt and equity financing to companies that have the capacity to generate predictable cash flow from operations. The firm provides both senior and subordinated debt, and it makes non-control equity investments through an affiliate. HVCI was formed in 2003 and is headquartered in Bloomfield Hills, Michigan.

A search fund is a pool of capital raised to financially support the efforts of an entrepreneur, or a team of entrepreneurs, to locate a privately held company for acquisition. Charlotte Street Partners seeks a company with an enterprise value between $5 million and $30 million.

RHV was formed in 2008 to focus on search fund investments. It has completed 25 search fund investments since its formation.

“We’re proud to be affiliated with RHV,” stated Jon Selame, founder of Charlotte Street Partners. “RHV has a reputation for making sound investments and bringing value to fund founders as well as fellow fund investors.”

“We found Charlotte Street Partners approach to acquisition targeting to be compelling,” said Glenn Healey, Managing Director for RHV. “Identifying targets and screening them rapidly for upside potential is critical to search fund success. I believe that Charlotte Street Partners has the potential to deliver a strong return.”

Healey continued, “Our specialty finance company, HVCI, focuses on the lower middle-market and looks for companies with recurring service revenues. Search funds are using similar investment criteria, so forming RHV to make search fund investments was a natural extension of our investment strategy.”

PCT is the creator and manufacturer of the Alternating Leg Pressure ® Venous Thromboembolism (VTE) Prevention System or “ALP” ®.

VTE is a disease that includes both DVT (deep vein thrombosis, the formation of a blood clot in a deep vein) and PE (pulmonary embolism, the obstruction of a pulmonary artery or a branch of it leading to the lungs by a blood clot).

Steve Simpson, CEO of PCT, stated, “It is the most common preventable cause of hospital related deaths with around 1 million cases of VTE annually.”

Simpson continued, “Hospitalization accounts for nearly two thirds of these VTE events and approximately 300,000 of these patients die. The ALP System is clinically proven to reduce the incidence of VTE with our trademarked Uninterrupted, Continuous Sequential FillTM creating our additionally trademarked Rapid, Wavelike CompressionTM cycle.”

Systems made by other companies may be so loud and uncomfortable that a patient may not report problems with it or may actively attempt to disengage the system.

The ALP System was designed for patient compliance. Simpson said, “The ALP System is the quietest on the market and the Moisture Free Comfort Filled ALP garments offer a soft inner lining that creates a cool, comfortable environment for patients and is air permeable for patient compliance.”

Simpson concluded, “As Baby Boomers age, the likelihood of hospitalization increases, and with it, the incidence of VTE. We are proud to have developed this product that will reduce the incidence of this disease.”

Glenn Healey, Managing Director of HVCI commented, “PCT has a good product and a proven management team. We are very comfortable with our financing arrangement and look forward to the successful growth of the company.”

HVCI also made an equity co-investment in PCT through its affiliate, RHV Capital, LLC.

HV Capital Investors (HVCI) recently announced that it has provided eCampus.com with an $8,000,000 senior debt facility. eCampus.com, a leading online textbook retailer, will use the funds from HVCI to aggressively expand its position in the textbook rental market. The partnership with HVCI places eCampus.com in position to accommodate their growing brand and revenue stream.

eCampus.com began offering the option to rent textbooks in August 2009. Since then, the rentals have proven to be more cost-efficient for students, saving them even more money than buying new or used textbooks. “The textbook rental market is growing,” said Matt Montgomery, CEO of eCampus. “We are constantly working on ways to provide a low-cost and convenient alternative for students to acquire their textbooks.”

The eCampus.com rental program is straightforward, designed with busy college students in mind, while expanding options and increasing affordability. Anyone can visit the eCampus.com web site and search for a textbook. Once the textbook is located, the customer is able to choose the duration of the rental period. Options are available for three different time frames with varying prices: semester, quarter (90 days), or short term (60 days). the customer needs to keep it longer, he or she can extend the contract. When the customer is done with the textbook, he or she visits the eCampus.com website, prints out a return shipping label, and sends the book back free of charge.

HVCI, a specialty finance company, is very excited about eCampus’s prospects. “eCampus.com is firmly established as a low-cost source for textbooks,” stated Glenn Healey, Managing Director of HVCI. “We feel they are well-positioned to further expand their rental offering.”

The additional capital enables us to provide great service to students at the lowest possible cost,” Montgomery said.  “Students will continue to reap the benefits that eCampus.com offers through multiple textbook buying options.”

“Search funds are an important part of our investment strategy and we are delighted to back Matthew Capell at January Partners,” said Glenn Healey, Managing Director of HVCI. “Matt has a strong background and a good search fund plan. We look forward to implementing that plan with him over the next two years.”

A search fund is a pool of capital raised to financially support the efforts of an entrepreneur, or a team of entrepreneurs, to locate a privately held company for acquisition. January Partners seeks acquisition candidates in the business services, financial services, and health care services industries.

RHV was formed in 2008 to focus on search fund investments. It has completed 24 search fund investments since its formation.

“We are delighted to have RHV Capital as an investor,” said Matthew Capell, Managing Partner of January Partners. “RHV has rigorous investment criteria and its principals have significant experience both operating and financing companies. With their long track record of search fund investing, they are ideal partners.”

“This is one of many such investments we have made this year,” said Healey, “and we intend to make more over the next several years.”

Pyott-Boone is a leading developer, manufacturer, and marketer of safety, communication and monitoring products for underground mining and tunneling. The company is a dominant supplier of these products to the U.S. coal industry through its extensive network of distributors and relationships with major coal producers.

The investment was made through HVCI’s affiliate, RHV Capital (RHV). RHV was formed in 2008 to focus on search fund investments. It has completed 24 search fund investments since its formation.

A search fund is a pool of capital raised to financially support the efforts of an entrepreneur, or a team of entrepreneurs, to locate a privately held company for acquisition.

“We’re very excited to have RHV as an investor,” stated Stuart Champion de Crespigny, Managing Director of Vierville Capital. “RHV’s team has strong investment and operational experience and their investment in this venture is validation of our approach.”

Champion de Crespigny will take over as Pyott-Boone’s CEO. Prior to founding Vierville Capital, he worked in investment banking for the Macquarie Group in Sydney, Australia and London, United Kingdom.

About HV Capital Investors (HVCI),

HV Capital Investors, LLC (http://www.hvcapitalinvestors.com) is a private investment company that provides debt and equity financing to companies that have the capacity to generate predictable cash flow from operations. The firm provides both senior and subordinated debt, and it makes non-control equity investments through an affiliate. HVCI was formed in 2003 and is headquartered in Bloomfield Hills, Michigan.

About RHV Capital (RHV),

RHV Capital, LLC (http://www.hvcapitalinvestors.com) is an affiliate of HVCI that provides equity to search funds and makes minority investments in operating companies in conjunction with other institutional investors and private equity firms. RHV has invested in 24 search funds and has seven active minority equity investments in operating companies. RHV was formed in 2008 and is headquartered in Bloomfield Hills, Michigan.

About Vierville Capital,

Composed of a host of successful entrepreneurs, operators, and investors, Vierville Capital (http://www.viervillecapital.com) is a private investment group with extensive resource industry expertise, which was founded to identify, acquire and operate a growth business. Vierville Capital is headquartered in San Francisco, California.

“Capital is available to those with sound business plans,” said Glenn Healey, Managing Director of HVCI. “The team at SHR Capital has a strong background and their approach to investing is complementary to our own.”

A search fund is a pool of capital raised to financially support the efforts of an entrepreneur, or a team of entrepreneurs, to locate a privately held company for acquisition. SHR seeks acquisition candidates in the business services, consumer services, and health care services industries.

RHV was formed in 2008 to focus on search fund investments. It has completed 24 search fund investments since its formation.

“We’re very excited to have RHV as an investor,” states Haas Ragab, founder of SHR. “RHV has a reputation for backing innovative strategies paired with strong business fundamentals. Their investment is a validation of our overall approach.”

“HVCI focuses on the lower middle-market and looks for companies with recurring service revenues,” said Healey. “Search funds are using similar investment criteria, so forming RHV to make search fund investments was a natural extension of our investment strategy. That extension has worked out very well and led to several good follow-on equity investments.”