11/1/2024
SePRO Gets New Financial Partners
Chris Beytes
SePRO Corporation—a developer and marketer of herbicides, algaecides and fungicides for landscaping, golf course, general agriculture use and aquatic applications—has two new financial partners: Stanley Capital Partners and Goldman Sachs Alternatives (a minority co-investor). They take over from Excellere Partners, which purchased SePRO in 2019.
As for SePRO, they said in the press release, “This investment will further accelerate SePRO’s ability to bring the best-in-class solutions, technologies and technical support to customers in water management, the green industry and specialty agriculture.”
“For the last three decades, our mission and purpose has been to protect, preserve and restore more nature,” said SePRO President Tyler Koschnick. “Every day we read headlines about beaches being closed, phosphorus pollution in lakes, invasive weeds and toxic algae destroying our ability to enjoy our water resources. By providing expanded problem-solving products and services to the market, we will be able to offer customers unsurpassed technical support and solutions for water quality restoration globally.”
Headquartered on a 410-acre Research & Technology campus in Carmel, Indiana, SePRO was founded in 1994 by William (Bill) H. Culpepper. Bill still serves as President and CEO. GT