M&A Deal Summary

Xylem Acquires Pure Technologies

On December 11, 2017, Xylem acquired information technology company Pure Technologies for 509M CAD

Acquisition Highlights
  • This is Xylem’s 1st transaction in the Information Technology sector.
  • This is Xylem’s 4th largest (disclosed) transaction.
  • This is Xylem’s 1st transaction in Canada.
  • This is Xylem’s 1st transaction in Alberta.

M&A Deal Summary
Date 2017-12-11
Target Pure Technologies
Sector Information Technology
Buyer(s) Xylem
Deal Type Add-on Acquisition
Deal Value 509M CAD
Advisor(s) McCarthy Tétrault
Osler (Legal)

Target

Pure Technologies

Calgary, Alberta, Canada
website
Pure Technologies Ltd. is a developer and application of innovative technologies for inspection, monitoring and management of physical infrastructure. From monitoring the health of large bridges to pipeline inspection, our technologies and expertise are being used around the world to help manage deterioration and reduce loss.

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Buyer(S) 1

Buyer

Xylem

Rye Brook, New York, United States

website

Category Company
Sector Machinery
Employees16,000
Revenue 5.5B USD (2022)
DESCRIPTION

Xylem is a global water technology company. Xylem designs, manufactures and services highly engineered solutions ranging across a wide variety of critical applications primarily in the water sector, but also in electric and gas. The Company's broad portfolio of solutions addresses customer needs across the water cycle, from the delivery, measurement and use of drinking water to the collection, test and treatment of wastewater to the return of water to the environment. Xylem is based in Rye Brook, New York.

DEAL STATS #
Overall 14 of 16
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 13 of 15
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2017) 2 of 2
Size (of disclosed) 4 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-01 Xylem - FLOWTRONEX and Water Equipment Technologies

Rye Brook, New York, United States

Xylem, Inc. - FLOWTRONEX and Water Equipment Technologies (WET) brands deliver a product packages for golf, landscaping, agriculture and water treatment throughout the world.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-06 EmNet

South Bend, Indiana, United States

EmNet LLC is a designer and implement of large and complex real time monitoring systems for challenging water applications. EmNet was founded in 2004 and is based in South Bend, Indiana.

Buy -
Mergr

Product

Company

Legal