Waters Corporation
  • Status Prior Investment
  • Location Milford, MA
  • Industry Industrial & Healthcare Technology
  • Investment Date August 1994
  • Exit IPO - NYSE: WAT - November 1995

Waters (NYSE: WAT) is the leading manufacturer of high and ultra-high performance liquid chromatography and mass spectrometry instruments. Waters also offers thermal analysis, rheometry and calorimetry instruments and supplies software based products to interface with the company’s and other manufacturers’ instruments. Waters instruments and software are an essential part of research, product development and quality control in the pharmaceutical, biotechnology, chemical and many other industries. Based in Milford, Massachusetts with global operations. Waters has sales, service and production operations throughout the world. Add-on acquisitions include Micromass, TA Instruments, Nugenesis Technologies, Rheometric Scientific, Creon Lab Control, YMC Inc., Phase Separations, Thermometric AB, and Environmental Resource Associates, among others. SFW Co-Founder and Partner Thomas Salice serves as the Lead Director of Waters Corporation.

Note: The investment in this entity was led by members of SFW management prior to the formation of SFW in an unrelated entity in which the members of SFW management were principals.