List of 18 Environmental Companies that have Acquired in Minnesota

Name	Sector	Revenue $mlns	M&A Activity			Last 5 Years
Name	Sector	Revenue $mlns	Total	Buy	Sell	Last 5 Years
Ecolab NYSE : ECL St. Paul, Minnesota, United States website	Environmental	15,320	63	53	10
Waste Management NYSE : WM Houston, Texas, United States website	Environmental	20,426	27	22	5
LRS Private Morton Grove, Illinois, United States website	Environmental	-	22	22	-
Evoqua Acquired Xylem 2023-01-23 $7.5B Pittsburgh, Pennsylvania, United States website	Environmental	1,737	23	21	2
SavATree PE Backed Apax 2021-08-31 Bedford Hills, New York, United States website	Environmental	-	18	18	-
Environmental Resources Management PE Backed KKR 2021-05-17 London, United Kingdom website	Environmental	-	11	11	-
United Flow Technologies PE Backed H.I.G. Private Equity 2021-07-26 Foothill Ranch, California, United States website	Environmental	-	10	10	-
GlyEco, Inc. Private Phoenix, Arizona, United States website	Environmental	5	6	6	-
H2O Innovation PE Backed Ember Infrastructure CDPQ 2023-10-03 $300.23M Quebec City, Quebec, Canada website	Environmental	192	6	6	-
Newterra PE Backed Frontenac NMP Capital 2020-11-02 Brockville, Ontario, Canada website	Environmental	-	5	5	-
Kurita Water Industries Tokyo (TSE) : 6370 Tokyo, Japan website	Environmental	3,185	4	4	-
U.S. Water Services, Inc. Acquired Kurita Water Industries 2019-02-08 St. Michael, Minnesota, United States website	Environmental	120	4	4	-
Proact Services Corp. Acquired Evoqua 2018-06-20 $132M Ludington, Michigan, United States website	Environmental	54	3	3	-
LSC PE Backed Ancor Capital Partners Midwest Mezzanine Funds 2019-06-10 Apalachin, New York, United States website	Environmental	-	3	3	-
Heritage Environmental PE Backed EQT 2023-12-11 Indianapolis, Indiana, United States website	Environmental	-	2	2	-
Alliance Recycling Group Private Minneapolis, Minnesota, United States website	Environmental	-	1	1	-

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