Headwater Companies' DeLancey Davis Discusses Business and 2021 Outlook | NGWA: Industry Connected
Headwater Companies LLC President DeLancey Davis discusses how business has been and what is on the horizon in 2021 forΒ ...
Vice President & President of Headwater Companies, Franklin Electric
Search every verified Delancey Davis interview, podcast appearance, and on-the-record quote β each transcript cross-checked by AI and human review to confirm speaker identity. In a September 2021 interview with the National Ground Water Association, DeLancey Davis, President of Headwater Companies LLC, discussed the company's recent acquisition of Guycon Pumps and Equipment Inc. and its outlook. Davis stated that Headwater Companies focuses on "reinvesting in groundwater" and seeks to acquire companies that share that vision and need a succession option, describing Guycon as a "great fit" culturally. He noted that Texas is a "fantastic market" and that the acquisition provides a footprint in the municipal, commercial, and industrial sectors. Davis said that Headwater Companies was "more prepared than most" for pandemic conditions due to existing investments in IT solutions for inventory and ordering. He stated that the company followed state, local, and federal guidelines but did not anticipate any permanent adaptations from the pandemic, adding that "our business is a people business" and that virtual transactions are a temporary measure. Davis reported that water well contractors have been very busy and are seeking relief in finding and retaining help. He projected that Headwater Companies would continue to grow both organically and through acquisition, citing favorable market conditions driven by urban migration and demand for water services.
“Headwater Companies is all about reinvesting in groundwater so the core for us is to identify companies that share that vision and are in need of a succession option.”
“Guycon has been a great fit for us from that profile; they're also a terrific ad culturally, they really do fit right in with our group and really looking forward to continue to reinvest in the business.”
“Texas is a fantastic market with a lot of great customers, great applications, and great opportunities. The footprint in Texas is a great move for Headwater geographically.”
“We were really more prepared than most for dealing with these pandemic conditions and the issues presented for supply chain. We have quite a bit of inventory and state-of-the-art systems around inventory management and movement.”
“The biggest problem was fear in general and fear of the unknown. We took immediate action to send every employee over the age of 60 home, paid everybody, and told them to quarantine until we could figure out what was going on.”
“We worked methodically with our customers and vendors to keep the flow of product through the channel while keeping people safe and comfortable. It's going to be a good year if we keep our people and customers safe.”
“We really don't have any adaptations that I see that are going to be permanent. We follow all state, local, and federal guidelines, but once they go away, they're going to go away in our operations.”
“Our business is a people business. Customers need to see, touch, feel, and believe in products they're putting in the ground or into various systems and applications. Conducting business virtually is something people will do in a pinch, but long-term, our business isn't really going to change from that fundamental aspe...”
“Waterwell contractors have been very busy, scrambling to comply with various rules, regulations, and restrictions. There's been a real dream for the ability to get and maintain good help, and they're just looking for some relief in that.”
“Headwater will continue to grow both organically and through acquisition. Market conditions continue to be very favorable with continued urban migration and increasing demand for water and essential services our company and industry provide.”
Headwater Companies LLC President DeLancey Davis discusses how business has been and what is on the horizon in 2021 forΒ ...
Sign in to search the full transcript archive, filter by topic, and access every quote from Delancey Davis.
The summary and quote tags on this profile are produced with AI assistance from verified, first-person interview transcripts, then checked by our team to confirm the speaker's identity and the accuracy of every quote. See how we verify →