Franklin Electric Acquires Groundwater Distribution Company

05.01.2022
Franklin Electric Co., Inc. announced that on December 31, 2021 its wholly owned subsidiary Headwater Companies, LLC acquired Blake Group Holdings, Inc., a Connecticut corporation, for $27.1 million in cash. Blake is a professional groundwater distributor operating fourteen locations throughout the northeast United States. Blake has approximately $74 million of consolidated annual sales.

DeLancey Davis, President of Headwater Companies, the wholly owned Distribution Segment of Franklin Electric, commented:

“We are pleased to add Blake to the Headwater family. Blake has served the pump industry and related water resource markets for over 40 years and has an outstanding reputation within the industry for quality service and technical depth. The acquisition of Blake adds to Headwater’s commitment to the critical groundwater channel, provides geographic expansion in the New York and New England markets and furthers our objective of being the leading source of distribution for water systems solutions in the U.S.”

Headwater Companies, LLC is a collection of leading groundwater distributors. Headwater is a focused groundwater distribution organization that delivers quality products and leading brands to the industry, providing contractors with the availability and service they demand to meet their application challenges.

More articles on this topic

Selling Industrial Pumps to a Global Market: Lessons in Adaptation and Foresight

06.11.2025 -

As global economies become more integrated, industrial manufacturers encounter both expanded possibilities and heightened challenges. Selling into a global market means far more than shipping products overseas. It requires adapting to varied industries, navigating strict regulatory landscapes, and anticipating technological shifts that will reshape demand. For companies in fluid transfer, these considerations are magnified: the applications are diverse, the compliance requirements are stringent, and the markets evolve at different speeds.

Read more

Startup KOOT Is Seeking Global OEM Alliances in the Pump and Drive Industry

02.10.2025 -

KOOT, founded by an Oxford University alumnus, announced its global launch as a trusted partner and industry-first platform in the pump and motor sector, spanning engineering design, research, development, and precision manufacturing. The company also proudly revealed that it has been honoured with the European PIA Supplier Award, recognizing its outstanding contributions to engineering innovation.

Read more