Growth equity fund Element Partners has completed a significant investment in Canada's Hayward Gordon. Headquartered in Toronto, Ontario, Hayward Gordon designs, manufactures and distributes pumps, mixers, engineered systems, strainers and filters for fluid handling applications in a range of markets including food, water, mining, chemical, oil and gas, mineral processing and wastewater treatment. Nitin Gupta, a principal at Element Partners, said: "We are thrilled to be partners with Hayward. The company has a longstanding track record of field performance and reliability which will be an ideal footing for our growth plans." Bill Dube, formerly president of Weir Canada, has joined Hayward Gordon as president and CEO. John Hayward will continue in a leadership role with the company as executive director of business development and will help lead acquisition efforts. He will be a member of Hayward Gordon's board of directors and remains a significant shareholder in the company.
Source:
http://workingwithwater.filtsep.com/view/34496/equity-fund-invests-in-hayward-gordon/
