Faircloth Skimmer
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Faircloth Skimmer - overview
Established
1996
Location
Hillsborough, NC, US
Primary Industry
Industrial Machinery
About
Based in the US, Faircloth Skimmer specializes in advanced sediment management solutions, offering patented skimmer technology designed to optimize stormwater quality by effectively removing suspended solids. Faircloth Skimmer, founded in 1996 in Hillsborough, US, focuses on sediment management solutions. The company has undertaken no significant pivots in its business strategy since inception. The founder's previous ventures remain unspecified.
As of July 2025, Faircloth Skimmer was acquired by StormTrap, LLC, a portfolio company of PSP Partners, although financial terms were not disclosed. The firm has engaged in one deal, with its most recent deal dated July 8, 2025. Faircloth Skimmer specializes in advanced sediment management solutions, primarily offering its patented skimmer technology designed for stormwater applications. The core product, the Faircloth Skimmer, optimizes water quality by effectively removing suspended solids, achieving a reduction of Total Suspended Solids (TSS) by up to 90%.
This technology caters to contractors and environmental engineers needing to comply with EPA sediment dewatering regulations while minimizing maintenance efforts. Faircloth Skimmers are available in customizable sizes for new installations and retrofits in sediment basins and post-construction Stormwater Control Measures (SCMs), targeting regions like California, Texas, and Florida. Faircloth Skimmer generates revenue through direct sales to contractors, environmental engineers, and municipalities, following a B2B transaction structure. Revenue is derived from the sale of its flagship product, the Faircloth Skimmer, as well as supplementary products such as sizing calculators and installation manuals.
Each transaction involves customer orders for specific skimmer sizes tailored to project needs, with pricing reflective of product specifications. Additionally, the company provides ongoing technical support to enhance customer relationships and promote repeat business. With the acquisition by StormTrap, LLC in July 2025, Faircloth Skimmer aims to expand its product offerings and enhance stormwater management solutions. The company is likely to target the introduction of new products aligning with its sediment management expertise, although specific details and timelines are not disclosed.
The acquisition allows for enhanced capabilities in stormwater management, indicating strategic intentions for growth in this sector.
Current Investors
StormTrap, LLC
Primary Industry
Industrial Machinery
Sub Industries
Water & Sewer Utilities, Industrial Machinery
Website
www.fairclothskimmer.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Faircloth Skimmer - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Faircloth Skimmer | - |
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