NEW YORK–(BUSINESS WIRE)–Graycliff Partners, through its GCP Ascend small-cap fund, is pleased to announce its investment in ValveTek Utility Services and MeterTek Utility Services (together, the “Company”), Kenilworth, New Jersey based providers of water meter and distribution system services to municipal and investor-owned water utilities. Founded in 2000 and operating out of six facilities across the Northeast, the Company’s team replaces residential and commercial meters, exercises valves