USALCO Enhances Board with Independent Directors

Portfolio - People | Jan 06, 2025 | Newswire Business

USALCO Enhances Board with Independent Directors

On January 6, 2025, USALCO, a prominent provider of water treatment solutions, announced the appointment of Ursula Boehm and John Flaugher as Independent Directors to its Board of Managers. This follows TJC's majority investment in USALCO in August 2024, aimed at supporting the company's growth in the water treatment sector. Ursula Boehm, a seasoned expert in water and wastewater treatment, brings valuable advisory experience, while John Flaugher, CEO of USG Water Solutions, offers extensive management expertise. These appointments are intended to drive innovation and enhance USALCO's strategic positioning in the market.

Sectors

  • Water Treatment
  • Private Equity

Geography

  • United States – USALCO is headquartered in Baltimore, MD, and operates across the United States, marking its primary geographical focus and market.

Industry

  • Water Treatment – The article involves USALCO, a company that specializes in providing water treatment solutions, highlighting its focus on municipal and commercial water management.
  • Private Equity – The article discusses TJC's majority investment in USALCO, showcasing the private equity firm's role in supporting the company's growth trajectory.

Financials

  • $29.7 billion – Assets under management by TJC as of March 31, 2024.

Participants

NameRoleTypeDescription
USALCO, LLCTarget CompanyCompanyA leading provider of water treatment solutions for municipal and commercial customers, headquartered in Baltimore, MD.
TJC LPInvestorCompanyA private equity firm with a majority investment in USALCO, supporting its growth and strategic development.
Ursula BoehmIndependent DirectorPersonFounder of LIINC, Ltd, appointed as an Independent Director to USALCO's Board, bringing extensive expertise in water treatment.
John FlaugherIndependent DirectorPersonPresident and CEO of USG Water Solutions, appointed as an Independent Director to USALCO's Board, with significant experience in water treatment.