Gridwater

About the offering

Gridwater is a commercial wastewater services company based in Georgetown, Texas, operating across Austin and Central Texas. The company provides services including grease trap cleaning, hydro jetting, and septic pumping to both businesses and residential customers. Gridwater is positioning itself as a platform play in the fragmented commercial wastewater services industry, which it estimates at over $20 billion with more than 12 million annual cleanouts nationwide. The company claims to launch with over 1,400 existing customer contracts and 25 years of operating history through a veteran operator. It describes its competitive differentiation as combining proprietary mobile treatment technology with established field operations to achieve superior unit economics. Gridwater is structured as a QSBS-qualified C-Corp, potentially offering eligible investors 100% tax-free capital gains under Section 1202 after a 5-year hold. The investment structure includes a preferred return with investor priority, board governance, performance-based executive compensation, and returns intended to be driven by operating cash flow rather than exit dependency. The offering is open to accredited investors only. The company's Executive Chairman is Ken Berenger, who is the primary point of contact for investor discussions. The business is licensed and insured in the State of Texas and operates out of Georgetown, TX.

FAQ