Private Investing
in Fluid Handling

Akoya Capital is a Chicago-based sector-focused private investment firm, specializing in the lower end of the middle market.

We work closely with family offices, high-net-worth individuals and institutional capital providers to invest in profitable, well-positioned businesses.

We partner with founders and CEOs of privately held businesses who are pursuing liquidity while prioritizing preservation of the company’s legacy.

Investments are led by one of Akoya’s Sector Leaders whose operating expertise aligns with the business.

Our Difference is Our Sector Leaders

Our Sector Leaders are accomplished senior operating executives with decades of industry expertise.

Sector Leaders play an active role in opportunity identification and evaluation, and post-close, serve as the Executive Chair of the Board, providing hands-on strategic and operational guidance.

With decades of experience in the industry, our Sector Leaders can provide the necessary expertise and guidance to bring companies to their next stage of growth positioning businesses for success in competitive markets.

Why Akoya is Interested in Fluid Handling

Fluid handling is at the heart of essential infrastructure — moving and controlling water, wastewater, and critical process fluids across industrial and municipal systems. Demand is driven by technological advancements, growing industry demand, stricter environmental regulations, and new energy initiatives.

Segments of Focus

Manufacturers

Pumps
Valves
Seals
Filters
Other Components

Aftermarket Services

Repair and overhaul
Installation and design support
Parts distribution
Preventative and corrective maintenance

Investment Criteria

- Minimum EBITDA of $4 M

- Potential value creation through revenue growth and operational improvements

- Fundamentally healthy – no distressed or turnaround situations

- North American headquarters

Sector Operating Expertise

Bill Spurgeon

Managing Director Fluid Handling

30+ years in Fluids Management + Industrial Flow Technologies
Bill most recently served as President & CEO of Dover’s Pump Solutions Group, a $1.2B global leader in pumps and flow control. Prior to this, he held senior leadership roles across multiple Dover companies, building deep expertise in scaling fluids management businesses, driving operational excellence, and expanding global reach.