When rain comes to Los Angeles, a certain kind of relief sets in. The land springs to life. The dust and grit and oil slick, accumulated over a summer of dry weather, gets washed away down storm drains. Everything gleams anew.
In 1992, prospectors in Los Angeles hatched an idea for a new water supply that was improbable and speculative, even by Southern California standards. Far off in the Mojave Desert, beneath the flat dry lake bed of the Cadiz Valley, millennia’s worth of groundwater could be pumped and piped 43 miles to the Colorado River Aqueduct, the […]
Selling the business you built is difficult. You want to get it right. That’s why Michael Warady CEO of EAI Water partnered with Scaling UP! H2O, The Rising Tide Mastermind, and AWT to bring you today’s webinar.
Michael Warady has recently closed on a pool of committed capital for his entrepreneurial and investment vehicle, Sylmar Group. Sylmar is a search fund on steroids and with a few twists. Warady and his partner, Peter Brooks (Harvard Business School 2014), seek to acquire multiple businesses in the water and wastewater sectors. Sylmar Group aims to […]
Sylmar Group, a company dedicated to investing in legacy operating water and wastewater services businesses, is announcing its official launch following a successful capital raise. Founders Peter Brooks and Michael Warady bring decades of water industry experience to the mission of buying and operating great companies providing mission-critical water and wastewater services, with the goal of holding the acquired […]
Balance Point Capital Advisors, LLC (“Balance Point”), in conjunction with its affiliated fund, Balance Point Capital Partners IV, L.P., is pleased to announce an investment in the Sylmar Group (“Sylmar”, or the “Company”). Balance Point provided debt capital as part of a flexible financing solution that facilitated Sylmar’s acquisitions of two businesses in the water and wastewater […]