PumpMan Acquires Scott's AZ Motor Electric Repair

9/17/18

PumpMan, a leading nationwide provider of pump service and repair, successfully completed its second acquisition in the Phoenixmarket with the purchase of Scott's AZ Motor Electric Repair (Scott's). Scott's provides service and repair for mechanical components such as motors, pumps, head pulleys, fans, blowers, and motor controls for the commercial and industrial segments.

"As PumpMan expands its network of high-quality service centers around the U.S., it's only natural that we add a company with complementary competencies like Scott's," said Donald Devine, President and CEO of PumpMan. "As one of the fastest growing cities in the U.S., Phoenix is an ideal market for expansion of the network. With the acquisition of Scott's and the recent purchase of Southwest Waterworks Contractors, we now offer comprehensive pump system repair services to the region."

Post-close, former owners Scott Sleeth and Judd Whalen will continue to lead the company supporting future growth initiatives. As part of the growing PumpMan network, the company will transition to "A PumpMan Phoenix Company" later this year, providing the same exceptional service customers rely upon.

"PumpMan provides the opportunity to build on Scott's prior success, invest for growth, and offer increased opportunities for our employees and the market," said Scott Sleeth, former owner of Scott's AZ Motor Electric Repair. "The acquisition marks a new and exciting chapter for the company, and Judd and I look forward to being a part of the growing PumpMan network."

About PumpMan Holdings LLC

Dating back to 1976, PumpMan is a leading nationwide provider of pump service and repair. The Company focuses on serving the needs of pump end-users to optimize the performance and reliability of their pumping systems.

With roots in Southern California, PumpMan provides onsite service, repair, parts and expertise to the commercial, municipal and industrial markets in Southern California (PumpMan SoCal), Northern California (Bartley Pump and GroundWater Pump & Well) Philadelphia (PumpMan Philly), Phoenix(Southwest Waterworks Contractors), Pittsburgh (PumpMan Pittsburgh), and the New York Metro Area (Federal Pump). PumpMan seeks to expand its service network by acquiring well established pump sales, service and repair companies in major markets in North America. For more information, visit www.pumpman.com.

About Soundcore Capital Partners LLC

Soundcore Capital Partners, LLC, founded in 2015, is a New York City-based private investment firm specializing in control equity investments and leveraged buyouts of lower middle market North American (US or Canada) headquartered businesses. For more information, visit www.soundcorecap.com.

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