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Mountain Water Systems, Asheville-Based Water Softening Supply Company Sold to New Owners

Mountain Water Systems, a water softening equipment supplier located in Asheville, NC, was officially sold to new owners by way of Viking Mergers & Acquisitions. Mountain Water Systems was founded in 1984 and purchased by the recent sellers, Jim Roberts and Steve Mayer in 2008. Since Jim Roberts and Steve Mayer took over, the business has grown exponentially and several new services were added. The transaction coincides with a positive trend in M&A activity seen throughout the Carolinas.

“We’ve spent 8 years growing Mountain Water Systems and decided we were ready to retire,” says Jim Roberts. “We recruited Viking Mergers & Acquisitions to assist in the exit planning process and could not be happier with the outcome of this deal,” Jim continues. Dan Misali and Greg Ponder of Viking Mergers facilitated the deal. “We knew Mountain Water Systems would draw a ton of interest,” says Dan Misali, Senior Advisor at Viking Mergers. “Within just 3 weeks, we had a formal offer and dozens of additional buyer inquiries on the business,” Dan explains.

It wasn’t long before the right buyers came along and made an offer on the business. Michael Mathews, an engineer from Asheville and John Warren, an engineer from Virginia, purchased the business to test their entrepreneurial skills. Both parties are pleased with the outcome of the transaction and look forward to watching the business grow under new ownership.

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Viking Mergers & Acquisitions
(Main Office)

17250 Lancaster Hwy, Suite 601
Charlotte, NC 28277
Phone: 704.676.0940
Toll Free: 888.676.0940
Fax: 704.676.0943

Cornelius, NC Office
18809 West Catawba Ave, Suite 102
Cornelius, NC 28031
Phone: 704.676.0940

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18 Regent Park Blvd, Suite D
Asheville, NC 28806
Phone: 828.242.8141

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2036 eWall Street
Mount Pleasant, SC 29464
Phone: 704.676.0940

Greenville, SC Office
600 E Washington St, Suite 608
Greenville, SC 29601
Phone: 864.626.6056

Tampa, FL Office
1000 N Ashley Drive, Suite 610
Tampa, Florida 33602
Phone: 813.773.3773


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