Quench, the biggest independent provider of filtered water coolers in North America, has raised about $30 million in equity and debt financing. New backers in the investment round are ORIX Venture Finance, Advent-Morro Equity Partners, Potomac Energy Fund and The Pohlad Companies. Existing investors including Element Partners, Virgin Green Fund and Douglas Brown also took part in the fundraising process. The company intends to use the proceeds to help support additional acquisitions and continued organic growth.

Click here for the release from PR Newswire.