GLOBAL WATER TECHNOLOGY ACCELERATES GROWTH WITH PURCHASE OF NEW HEADQUARTERS IN ILLINOIS

Posted August 20, 2024

FOR IMMEDIATE RELEASE

New headquarters expansion enables Global Water Technology (GWT) to accelerate growth with strengthening of services focused on pretreatment, water purification, water and energy services and environmental advisory
Purchase of new HQ further confirms GWT’s commitment to the State of Illinois, where GWT was established in 1990
HQ will support the company-owned technical and laboratory facilities in Louisville, Kentucky and regional offices located in Fremont, California; Phoenix, Arizona; Houston, Texas; and Menomonee Falls, Wisconsin

South Holland, Illinois — August 20, 2024 — Global Water Technology, Inc., the leading provider of water and wastewater treatment strategies and solutions for numerous industries, has recently completed the purchase of a new 100,000 square foot headquarters located in nearby Calumet City, Illinois. This new HQ will help GWT accommodate rapid growth and leverage the area’s diverse and experienced talent pool.

In addition to the technical and laboratory facilities located in Louisville, Kentucky as well as the five regional offices across the United States, the new HQ space doubles the office footprint and supports the company’s product and solutions growth strategy. GWT’s recent acquisition of Bluegrass KESCO as well as the impending announcement of a second industry acquisition in 2024 has accelerated the company’s growth and resource requirements.

“With our new headquarters, Global Water Technology is making a long-term investment in our business and Calumet City’s future while ensuring that we operate in a highly efficient and world-class environment for the 21st century,” said Michael A. Byerley, Chairman and Chief Executive Officer, Global Water Technology, Inc. “We are extremely excited about what the building and green space will provide for our greatest assets – our team members – including state-of-the-art technology, health and wellness amenities, and unique public and collaboration spaces, among many other features. It is in the right location and provides the backdrop required for our continued growth.”

CBRE’s Bill Sheehy and Matt Cowie represented GWT in the purchase negotiations. “It was a pleasure working with GWT as they secured a dynamic headquarters location that will greatly contribute to their future growth,” said Sheehy.

“Signature Bank was thrilled to support GWT’s expansion into Calumet City. Signature was able to utilize the Community Small Business Advance Program from the Federal Home Loan Bank of Chicago, which supports real estate projects for community development,” said Mick O’Rourke, President and Chief Executive Officer, Signature Bank. “The team at GWT should be commended for the professional manner in which they handled the entire project. We look forward to continuing our mutually beneficial relationship with GWT.”

This mixed-use facility of office and production space is poised to accommodate GWT’s growing workforce, create an optimal and industry-leading work environment and substantially increase its superior direct-to-client service offerings on a national scale.

GWT plans to commence operations at its new headquarters in 2024, with the move and relocation complete in the second quarter of 2025. With this commitment to a larger base of operations, GWT will be further empowered to develop innovative water treatment technologies and cost-effective solutions for minimizing water consumption, complementing the efforts of the entire GWT team as it continues to provide its clientele with a seamless and integrated service experience.

For more information, please contact GWT at info@gwt-inc.com or 708-349-9991.

About Global Water Technology, Inc.: Global Water Technology, Inc. is one of the nation’s fastest-growing providers of commercial and industrial water treatment solutions. Founded in 1990 to meet a growing demand for personalized, affordable, and reliable water treatment services, GWT now serves a wide range of customer segments including hospitality, healthcare, manufacturing, commercial office buildings, data centers, food, and beverage, as well as new construction clients. GWT’s reputation for superior service and cost-effective solutions for minimizing water consumption and extending the useful life of water systems equipment has propelled GWT from its Chicagoland roots to being a national provider with a presence to-date in over 40 states.

For more detailed information about GWT, please visit www.gwt-inc.com.

About CBRE Group, Inc.: CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2023 revenue). The company has more than 130,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.

For more information abut CBRE, please visit www.cbre.com.

About Signature Bank Chicago: Signature Bank Chicago is an award-winning, relationship-based commercial bank wholly owned by Signature Bancorporation, Inc., a privately funded, locally owned bank holding company founded in 2006. Headquartered in Rosemont, IL, Signature Bank provides accessible, strategic, and highly individualized commercial banking services to closely held companies, as well as full-service retail banking capabilities. Technology-driven and well-capitalized, Signature Bank is currently the fastest-growing, independently owned business bank in Chicagoland.

For more information about Signature Bank, please visit www.signaturebank.bank.

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