Long Point Capital Portfolio

Torrent Resources

www.torrentresources.com

Business Description

Torrent Resources, Inc. is a leading provider of stormwater drainage solutions in the Southwestern United States and is headquartered in Phoenix, Arizona. Torrent’s proprietary MaxWell™ drywells are unmatched in efficiency and reliability for stormwater disposal applications. Torrent also provides products for pre-treatment filtering, recharging, and other specialized stormwater applications.

Transaction Overview

Long Point Capital invested in Torrent through a leveraged recapitalization structure, where the owners of the Company monetized the majority of the illiquid value contained in their business, while continuing to retain a significant ownership interest in the Company and maintaining operational control along with the existing management team.

Post-Transaction

Torrent has increased product acceptance in Southern California, expanded its drywell service and maintenance business, and is pursuing growth in emerging markets across the western U.S. As a step to achieving liquidity for its investors, Long Point has sold the Company to a newly formed ESOP while retaining a significant investment in the business.

Add-On Acquisition Criteria

Torrent is seeking acquisitions of niche companies of any size that provide complementary stormwater services and products.

Contact

Gerry Boylan: 248-591-6000 / gboylan@lpcfund.com
Eric Von Stroh: 212-593-1800 / evonstroh@lpcfund.com