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Leawood equity firm buys bottled water company

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Great Range Capital acquired the oldest continuously operated bottled water company in the United States, Mountain Valley Spring Co. in Hot Springs, Ark., for an undisclosed amount. Leawood-based Great Range typically makes equity investments in the $5 million to $30 million range, acquiring companies worth $10 million to $100 million. For larger transactions, the company uses co-investors. Mountain Valley was founded in 1871, and its headquarters building is on the National Register of Historic…

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