CHARLOTTESVILLE, VA – September 3, 2025 – Quad-C Management, Inc. (“Quad-C”), a leading middle market private equity firm, today announced its investment in Accurate Meter & Supply (“Accurate” or the “Company”), a leader in water, sewer and drainage distribution and services for municipal, residential and commercial infrastructure. Terms of the transaction were not disclosed.
Founded in 1988 by Dayne and Jamie Burson as a meter testing and repair services provider, Accurate has established a strong reputation as a highly technical, consultative distribution and service partner for its customers in the Texas area.
Quad-C is partnering with Accurate’s executive management team, who will remain in their current roles and are maintaining significant ownership in the Company. The partnership should allow for Accurate to reinvest capital to accelerate growth both organically and through strategic acquisitions.
“We are thrilled about the opportunity to partner with a group that understands and has a high level of respect for our core values,” said Jamie Burson, Founder and Co-Chair, Accurate. Dayne Burson, Founder and Co-Chair, Accurate, expressed enthusiasm about the partnership, stating, “We selected Quad-C because of their deep experience partnering with founder-owned businesses in specialty distribution. There is strong cultural alignment, and they clearly share our vision of becoming a leading super-regional, and one day national, distributor and service provider of water, sewer and drainage products.”
“Over the past 35+ years, Accurate has developed a sterling reputation in waterworks distribution, a core area of focus at Quad-C,” said Michael Brooks, Partner, Quad-C. “The Company’s technical expertise and consultative model represents a compelling value proposition for its client base, and Accurate’s management team has a proven track record of driving profitable growth. We are excited to assist Accurate and support the Company’s next stage of expansion.”
“Accurate represents a strong addition to our specialty distribution portfolio,” said Michael Hamod, Vice President, Quad-C. “The Company has a strong history of organic growth, and we are looking forward to working in partnership with management to expand its geographic footprint, broaden its service offerings and capitalize on industry tailwinds.”
The Accurate partnership is Quad-C’s latest investment in the specialty distribution sector. Other current and past investments include Legacy Food Group, SEI Group, Krayden, Stanton Carpet, WOLF and EFC International.
About Quad-C Management:
Founded in 1989 and headquartered in Charlottesville, Virginia, Quad-C is a middle market private equity firm focused on investing in established services and industrials companies. In its three-decade history, Quad-C has invested $4.6 billion of capital in 87 platform companies and over 390 add-on acquisitions. The Quad-C team is committed to partnering with entrepreneurs and management teams to accelerate growth and create long-term value. For more information, please visit www.quadcmanagement.com.
About Accurate Meter & Supply:
Founded in 1988 and headquartered in Katy, Texas, Accurate Meter & Supply is a distributor and service provider of water, sewer and drainage products for municipal, residential and commercial infrastructure. The company distributes a broad range of waterwork products, including meter systems, pipes, valves & fittings, fire protection equipment, hydrants, manholes, meter boxes and backflow devices. Accurate also offers a wide range of technical services such as meter services, precast vaults, backflow prevention, leak detection and flow testing. For more information, please visit https://www.accuratemeter.com/.