PumpTech Acquires Dakota Pump
Dakota Pump integration with PumpTech expands product line and distribution channels
Seattle, Wash. – February 14, 2023 - - Pike Street Capital, LLC (“Pike Street”) portfolio company PumpTech LLC (“PumpTech”) announced the acquisition of Dakota Pump Inc (“Dakota Pump”), a leading supplier of packaged pump stations and automated systems for the water and wastewater markets. Dakota Pump has three locations in South Dakota and a nationwide distribution network, extending the geographic reach, service capabilities, and product portfolio of the combined organization.
“Dakota Pump will add tremendous breadth to our product line, particularly in the packaged systems category,” said Doug Staab, PumpTech Board Member. “They also have extensive controls and automation capabilities, including SCADA (Supervisory control and data acquisition). By joining forces, we can provide more expansive solutions across our combined customer base.”
Mitchell, SD-based Dakota Pump began manufacturing water pump stations regionally in the mid-1950s (originally named Sanders Inc.) and has grown to become a recognized leader in packaged systems for water and wastewater applications nationwide. With decades of know-how, they are experts in water and wastewater packaged systems.
“Dakota Pump is a great addition to PumpTech,” said Dave Dandel, Partner at Pike Street Capital. “They bring complementary capabilities to the platform that aligns perfectly with our growth strategy. We plan to further this growth through additional acquisitions.”
Pike Street Capital invests in middle-market companies with leading market positions, strong management teams, and discernible growth drivers. The firm targets sectors serving professional customers and B2B growth where it has relevant investing and operating experience, including industrial technology, specialty manufacturing, distribution & logistics, and business services. The firm’s $237M over-subscribed inaugural fund closed in November 2020.
Founded in 1986, PumpTech is a premier distributor of high-quality pumping products and systems in the Pacific Northwest. Bellevue, Washington-based PumpTech also provides services from engineering design to installation and maintenance agreements, with four facilities to cover the entire northwest, including Moses Lake, Washington, Canby, Oregon, and Boise, Idaho in addition to its Bellevue headquarters. More information is available at www.pumptechnw.com.