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The Business Magazine - B2B Business News - Site Logo
The Business Magazine - B2B Business News - Site Logo
The Business Magazine July 2024
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YFM makes investment into Spotless Water

Founded in 2016, Spotless Water has carved out a leading position in the ultra-pure water (UPW) sector.

Widely used in the window and solar panel cleaning industries, UPW is water that has undergone a stringent purification process to remove all minerals and impurities. Unlike regular water, when UPW dries, it doesn’t leave behind mineral deposits.

Spotless Water began life as an UPW pioneer and, to this day, remains the only national, eco-solution for UPW, which it provides to customers via a UK-wide network of self-service water dispensing stations. Always seeking to harness technological advancements, the business has also developed its own custom-built software to run the advanced self-service technology within its filling stations.

And, with sustainability featuring prominently amongst the needs of its customers, Spotless Water is focused on helping the cleaning sector to reduce water wastage and pollution.

With YFM’s backing, Spotless Water now has an opportunity to build rapidly on its already strong network of self-service sites and enhance its team of UPW specialists.

Tim Morris, chief executive of Spotless Water, said: "We are delighted to have the backing of YFM and to be supported by investment experts who recognise the potential of our innovative, technology-enabled offering. 

"With this new investment in place, Spotless Water can continue to lead the UPW vanguard and provide even more customers with an efficient, accessible, eco-friendly solution."

Helen Villiers, YFM investment director, added: "Spotless Water has demonstrated how grassroots ventures with original ideas and propositions can prosper, especially when powered by proprietary technology. 

"We look forward to being part of the company's new growth journey as it replicates its success to-date and expands its sites across the UK."

The YFM team also included Callum Long.

Insurance DD: Lockton Organisational DD: Catalysis CDD: CACI.

Deal Ticket Partners

YFM Equity Partners logo
Share
Spotless Water
has received investment from
YFM Equity Partners
YFM Equity Partners logo
June 2024
£3.6m
KMG Independent Limited
has been acquired by
Skerritts
UNDISCLOSED
who's behind the deal?
Wildnet
has received investment from
UK Infrastructure Bank
July 2024
£35m
who's behind the deal?
Concept Environmental Solutions
has been acquired by
Celnor Group
UNDISCLOSED
who's behind the deal?

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