The acquisition of Triplepoint complements Axius Water’s expertise in nutrient management and further expands the company’s capabilities in lagoon technology.
Founded in 2007, Triplepoint provides lagoon solutions, including its flagship Ares Aerator, for industrial and municipal customers across the US and Canada.
Chris McIntire, Axius Water CEO, said: “The addition of Triplepoint as part of the Axius Water platform significantly bolsters our nutrient management capabilities and we are thrilled to welcome Patrick Hill and Brady Galbreath-O’Leary to our leadership team. Together with our experts at Nexom and EDI, we are expanding our depth and breadth of reliable lagoon solutions that we will deliver to customers around the world.”
Triplepoint will retain its Colorado headquarters and continue to operate under its existing brand as part of the Axius Water portfolio of businesses. Patrick Hill and Brady Galbreath-O’Leary, co-founders of Triplepoint, will join the Axius Water leadership team as General Managers responsible for Triplepoint’s day-to-day operations.
Axius Water was founded in 2019 by KKR’s Global Impact Fund, in partnership with XPV Water Partners.
