Quench Named an Approved Supplier for Avendra

Mar 28, 2017

Quench Named an Approved Supplier for Avendra

KING OF PRUSSIA, Pa., March 28, 2017 /PRNewswire/ -- Quench, a leading provider of filtered water coolers, ice machines, sparkling water dispensers and coffee brewers for businesses across the U.S., and an operating platform of AquaVenture Holdings (NYSE: WAAS), announced today that it has become an approved supplier for Avendra, an independent procurement company for some of North America's most successful hospitality organizations. Quench will be Avendra's preferred provider of sparkling water dispensers in the U.S., including Vivreau® sparkling water dispensers and table top bottlers, and will also offer a broad range of Quench filtered water coolers to satisfy the drinking water needs at partner properties.

"We are delighted to join the best-in-class companies that partner with Avendra," said Quench CEO and President of AquaVenture Holdings Tony Ibargüen. "Their mission to provide the highest quality products and services to the hospitality industry is very much in keeping with Quench's commitment to delivering the cleanest, best-tasting still and sparkling water in a cost-effective, convenient, and environmentally-friendly way."

"Avendra works with many of the industry leaders in the hospitality business," said Avendra Vice President, F&B and Engineering Services, Don Hecht, "and we are very pleased to be able to offer our customers Quench sparkling water systems and water coolers. We look forward to a productive partnership with Quench."

About Quench:
Quench USA, Inc. offers Water-as-a-Service™ solutions by providing filtered water systems, including bottleless water coolers, ice machines, sparkling water dispensers and coffee brewers, to customers across the United States. Our point-of-use (POU) systems purify a building's existing water supply to provide reliable and convenient filtered water to a broad mix of businesses, including government, education, healthcare, manufacturing, retail, hospitality, and other large commercial customers, including more than half of the Fortune 500. Headquartered in King of Prussia, PA, Quench has sales and service operations across the U.S. to serve our 40,000+ customers. Quench is an AquaVenture Holdings business. For more information, please visit www.quenchonline.com.

About AquaVenture Holdings:
AquaVenture Holdings (NYSE: WAAS) is a multinational provider of Water-as-a-Service™, or WAAS™, solutions that provide our customers with a reliable and cost-effective source of clean drinking and process water. AquaVenture Holdings is composed of two operating platforms: Quench, a U.S. based provider of filtered water systems and related products; and Seven Seas Water, a multinational provider of desalination and wastewater treatment solutions, providing seven billion gallons of potable, high purity, industrial grade, and ultra-pure water per year to governmental, municipal, industrial, and hospitality customers. For more information, please visit www.aquaventure.com.

About Avendra:
Formed in 2001, Avendra is North America's leading procurement services provider serving the hospitality industry. Avendra customers gain access to contracts leveraging over $4 billion of annual purchases, expert advisory services and in-depth purchasing data and analysis. Through Avendra, customers obtain substantial savings on their purchases and other value added services to improve their operations and bottom line results. More than 8,000 hospitality businesses rely on Avendra's procurement solutions to help meet their strategic business initiatives. The company is headquartered in Rockville, Maryland and has regional offices throughout North America. For more information visit www.avendra.com.

Investor Contact:
investors@aquaventure.com  
855-278-WAAS

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SOURCE AquaVenture Holdings Limited