Seattle, Wash. – June 27, 2024 – Pike Street Capital, LP (“Pike Street”) investment, Impel Company, (“Impel”) announces the acquisition of Don Pedro Pump (“Don Pedro”), a family-operated provider of fluid management systems to California’s Central Valley for over 80 years. The addition of Don Pedro Pump marks a significant expansion of Impel's footprint in California, positioning the company for further growth in the Central California service region and beyond.
Established in 1938, Don Pedro Pump originally made a name for itself as a maker of custom dairy pumps. The company was purchased by Gary and Monica Rossiter in 1998 and has grown to service customers across the agricultural, industrial, and municipal sectors. Today, Don Pedro Pump provides a wide range of services, including pumps, electrical controls manufacturing and installation, well development, and piping systems, specializing in complete turnkey systems customized to individual customer needs.
“Don Pedro Pump is the go-to provider in the Central California Valley,” said Doug Staab, CEO of Impel. “We couldn’t be more thrilled to partner with them. They bring extensive experience and capabilities to the group, including in-depth knowledge of California’s energy and water infrastructure, which will enhance our presence in the region and enable the entire organization to better serve customers.”
Don Pedro Pump’s shop and facilities are located on a 10-acre property in Turlock, California. Gary Rossiter continues to run the daily operations of the business along with his son, Cooper.
“The addition of Don Pedro Pump marks a significant milestone for Impel,” said Dave Dandel, Partner at Pike Street Capital. “The partnership will be instrumental in helping us to achieve our growth objectives in the western US. I look forward to the progress that will result from it.”
TruSight and K&L Gates LLP served as advisors to Pike Street for the transaction. Ascend Strategic Partners and McDonald Carano LLP served as advisors to Don Pedro for the transaction.
Pike Street Capital invests in middle market companies with leading market positions, strong management teams, and discernible growth drivers. The firm targets sectors serving professional customers and B2B growth where it has relevant investing and operating experience, including industrial technology, specialty manufacturing, distribution & logistics, and business services. The firm’s $237M over-subscribed inaugural fund closed in November 2020.
About Impel
Impel was started in 2021 with a vision to build a “one-stop shop” to serve municipal and industrial fluid management needs by acquiring complementary capabilities in contiguous geographies. The platform launched with Pike Street Capital’s acquisition of PumpTech, a premier distributor of high-quality pumping products and systems serving the Pacific Northwest since 1986. Subsequent acquisitions have grown Impel to comprise over ten fluid management companies, including PumpTech, Intermountain Industrial, Inc., Frost Engineering, Dakota Pump, Alpha Southwest, Pipestone Equipment, K&N, Alaska-Roteq, L2 Systems, Rockwell Engineering and Equipment, and Don Pedro Pump. The organization continues to grow, providing customers across the western US a broad range of products and capabilities.
More information is available at https://impelcompany.com.
