Water Investors, LLC is a Minnesota-based family fund investing personal capital in owner-operated, privately held, water-related businesses in the Midwest and Mountain West. We are long-term investors committed to supporting people, operations, finance, and growth at companies with an enduring local presence.
We seek businesses with $5 million to $30 million of sales, $1 million to $3 million of profit, a significant “on the ground” service component, and strong, time-tested customer relationships. We value leadership continuity: situations where the company’s leader is interested in continuing in their role post-investment or sale, is willing to commit to a transition period, or has a solid successor identified.
Full acquisition or majority investment preferred. Will consider minority investment in situations where owner is seeking to grow through acquisition or buy out a partner.
Hayes Batson lives in Saint Paul, Minnesota, and runs the family fund. He has deep experience in strategy, operations and finance, and has worked in a family business, led a private equity-owned company, and served as a strategy consultant, chief financial officer, and investment banker. He is skilled at supporting continued involvement of family members in businesses where a principal owner is selling or stepping back from a day-to-day role.