King of Prussia (December 12, 2011) – Quench, the largest independent provider of filtered water coolers in North America, is pleased to announce its selection by AlwaysOn as one of the Venture Summit Mid-Atlantic’s top 100 private companies. The VSMA 100 list represents the best emerging companies from the mid-Atlantic region based on five criteria: innovation, market potential, commercialization, stakeholder value and media buzz.
“The Venture Summit Mid-Atlantic 100 winners are transforming the mid-Atlantic region’s technology community through innovation and creativity,” said Tony Perkins, founder and editor at AlwaysOn. “The companies represent some of the highest-growth opportunities in the mid-Atlantic private company marketplace across all industry sectors, including digital media and entertainment, on-demand computing as well as greentech and the life sciences.”
Quench’s national scope and significant private equity funding have positioned the company to disrupt the commercial water delivery industry by offering a cost-effective, environmentally-friendly alternative. “We expect our growth to continue organically as well as through acquisitions of like-minded entrepreneurs in the filtered water industry,” said Quench CEO Tony Ibarguen, who gave a company showcase presentation at the conference. Ibarguen illustrated the environmental and cost-saving aspects of filtered water coolers, as well as business model that helped secure Quench’s place as the market leader in the industry.
Headquartered outside Philadelphia, Pennsylvania, Quench USA, Inc. is a clean technology company that rents, installs and services “bottleless” water filtration systems (also known as point-of-use water coolers) for businesses across North America. Quench systems purify tap water, providing a more cost-effective and environmentally-responsible solution than delivery of water in 5-gallon plastic jugs. With an installed base of more than 50,000 water filtration systems across 47 US states, Mexico, Canada and the Caribbean, Quench is the largest bottleless water cooler company in North America – serving approximately one-third of the Fortune 500.