Integrated Water Services, Inc. (IWS) welcomes Rick Barrett as the Company’s new CEO. Rick is a former Fortune 500 manager turned private equity CEO with a record of growing industrial service companies in private and public infrastructure markets. He is adept at raising capital and executing M&A, having worked for two of the nation’s leading infrastructure consolidators, CRH plc and Summit Materials (Sponsored by Blackstone).
Over the past five years, IWS has specialized in MBR (Membrane Bioreactor) technology solutions through Design-Build, CMAR, and construction services throughout the Western U.S.
“I am thrilled to join IWS as we enter a historical period of infrastructure investment. Demand for IWS’s technical expertise in designing and building life-sustaining water infrastructure is growing. I look forward to participating in what will be an exciting period of expansion for the business,” said Rick Barrett.
Rick Barrett’s appointment is supported by Sciens Water Opportunities Management LLC (an independent investment firm focused on water infrastructure) as it provides IWS with capital and resources to support its growth and expansion in providing water and wastewater solutions throughout the U.S.
“We’re excited to have Rick on board to help lead Integrated Water Services into its future as a national platform in wastewater treatment. We believe that Rick’s demonstrated track record, leadership, and passion are a recipe for success, and we can’t wait to see how he’ll help IWS grow,” said Alexander Loucopoulos, Partner, Sciens Water. Rick brings nearly three decades of experience in infrastructure services and fourteen years within the world’s largest building materials company, Irish-based CRH plc, and 15 years leading Private Equity owned businesses as COO and CEO. He is skilled at transitioning founder-led businesses to PE-backed high-growth by following a proven approach to people, processes, and systems.