January 23, 2023 – Independent Bankers Capital Fund IV, L.P. (“IBC Fund IV”) is pleased to announce its investment in St. Louis, Missouri based Kupferle, LLC (“Kupferle”). Kupferle is a manufacturer of water hydrants, sampling stations, monitoring and flushing solutions used primarily by municipalities to manage clean water systems. Founded in 1857 by John C. Kupferle, the Company transitioned from a foundry initially manufacturing a variety of items, to focusing on water hydrants in 1887, to outsourcing the foundry work in 1948, to machining and assembling innovative solutions that allow municipal field personnel today to remotely flush water systems and monitor clean water for residential and commercial use.
IBC Fund IV partnered with Capital for Business, the Joseph Adorjan family and Dan McKeague to support the buyout of Kupferle.
