Aquamain

Aquamain

Aquamain is a provider of self-lay water utility services, including mains and plot connections, to the UK’s leading housing developers and national and regional Water Companies.
overview

Founded in 1994 and headquartered in Somerset, UK, Aquamain is the market leading provider of self-lay water mains and service pipe connections to residential housing developers. It provides a more differentiated offering than the incumbent Water Companies due to its high quality service levels and speed of response.

Investment rationale

  • Facilitate a successful Owner/Management Transition (new CEO to replace retiring founder) and business institutionalisation.

  • Scale operations and infrastructure to deliver growth.

  • Enhance efficiency of project bidding.

  • Promote a full alignment with OFWAT’s priorities and undertake “self-lay as a service”.

  • Extend the Water offering to Multi-Utility, with a focus on electric, enabling Aquamain to deliver a full range of connection services to its customers (the house developers).

key facts

Aquamain

Utility services

Feb-18

Investment date

14

Different water company regions

10,000

New houses/plots connected per year

Rubicon

rubicon angle

Aquamain

Missing management elements

Aquamain

Fixable underperformance

esg

Water and sanitation are at the core of sustainable development. The range of services that Aquamain provides underpin poverty reduction, economic growth, and environmental sustainability.