Location

Sandy, UT

Investment Status

Current

Investment Date

Aug 2025

Founded in 1953 and based in Sandy, UT, Chemtech is an environmental and analytical services provider, offering drinking water, wastewater, soil and surface water analysis and lab testing services.

 

Add-On Acquisition Criteria

Ideal Target Characteristics

Analysis and lab testing services for drinking water, wastewater, soil and surface water

Size

Revenue

$1mm+

EBITDA

$200,000+

End Markets Served

Utilities, industrial, manufacturing, municipalities, infrastructure

“Platte River has been a great partner for us. They’ve let us keep our identity and continue the legacy we’ve built, while staying hands-off with our day-to-day operations. They’ve put less pressure on us and more focus on being true partners.”

Rex Henderson, Founder

Chemtech

Testimonials and endorsements reflect Platte River’s opinions and beliefs regarding its investment and portfolio company management’s opinions and beliefs regarding their respective companies. Such opinions and beliefs are subjective, do not represent a complete assessment of the company, the market or Platte River’s overall investment performance and cannot be independently verified. Such statements are being offered as references for purposes of demonstrating the benefits of working with the Platte River team and not for the purpose of soliciting investors. Portfolio company executives receive or have received a salary and economic interests from the portfolio company. Certain executives are also investors in Platte River investment vehicle(s), which present a potential conflict of interest, as such executives may have an incentive to provide favorable views of Platte River’s business practices. In addition, portfolio company executives may invest in reduced-fee or fee-free vehicles, and such arrangements could be viewed as a form of indirect compensation in connection with these testimonials.

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