SOLitude Lake Management
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SOLitude Lake Management - overview
Location
Virginia Beach, VA, US
Primary Industry
Environmental Services
About
Based in the US, SOLitude Lake Management, operates as a lake, pond, wetland, fisheries, and stormwater management services provider. Based in Virginia Beach, the US, SOLitude Lake Management was founded in an undisclosed year. The company specializes in managing aquatic environments, focusing on enhancing water quality and ecological health. In September 2026, Bain Capital agreed to acquire SOLitude Lake Management from Rentokil Initial plc, allowing the company to enhance its business development.
SOLitude Lake Management specializes in comprehensive lake and pond management services aimed at enhancing water quality and ecological health. The company employs science-backed solutions to address key water quality issues, including algae and aquatic weed growth, nutrient loading, and sediment build-up. Their core offerings include annual management programs, reactive and proactive algae and weed control, water quality testing and restoration, sediment and muck removal, and ecosystem restoration solutions. SOLitude's expert teams partner with diverse clients, including municipalities, golf courses, community associations, and private landowners across various regions in the United States to improve and maintain their water bodies.
SOLitude Lake Management operates on a structured transaction model centered around service contracts and management plans tailored to their clients' specific needs. The company engages with its clients through subscription-based services, which include various tiers such as the SOL Pro Base and SOL Pro-Active plans, offering different levels of service regarding algae and weed treatment. Clients can expect to enter into annual agreements, allowing for ongoing management activities throughout the year. This revenue model ensures consistency in service delivery while fostering long-term relationships with their clientele.
In September 2026, Bain Capital agreed to acquire SOLitude Lake Management from Rentokil Initial plc. The acquisition will allow SOLitude Lake Management to enhance its business development.
Primary Industry
Environmental Services
Sub Industries
Facilities & Maintenance Services, Environmental Services
Website
www.solitudelakemanagement.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
SOLitude Lake Management - 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, Corporate Carve Out | Announced | SOLitude Lake Management | - |
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