Brentwood Associates closes a $410 million continuation fund for Watermill Express to support its growth, with Hollyport Capital as the lead investor.

Brentwood Associates has successfully closed an oversubscribed single-asset continuation fund to support the growth of Watermill Express, a leading provider of affordable drinking water. The continuation fund is anchored by Hollyport Capital, with Pantheon and Portfolio Advisors as co-leads. This investment allows Brentwood to extend its partnership with Watermill and provide additional capital for future growth. Watermill aims to expand its reach and service offerings significantly.