AquaVenture Holdings and Quench announce merger and $50 million capital raise to fund growth.

“We are thrilled to welcome Quench to the AquaVenture family. Like Seven Seas Water, Quench generates predictable recurring revenue by providing advanced drinking water solutions to customers. Our investors are strong supporters of our strategy to become the global leader in providing ‘Water-as-a-Service®,’ and joining forces with Quench moves us significantly closer to that goal.”

Doug Brown, Chairman and CEO