Add-on Acquisition • Environmental

Culligan Acquires AquaVenture Holdings

On December 23, 2019, Culligan acquired environmental company AquaVenture Holdings for 1.1B USD

Acquisition Context
  • This is Culligan’s 2nd transaction in the Environmental sector.
  • This is Culligan’s largest (disclosed) transaction.
  • This is Culligan’s 3rd transaction in the United States.
  • This is Culligan’s 2nd transaction in Florida.

Explore All 1285 Add-on Acquisition Environmental Deals - Search the Database Free


M&A Deal Summary

Date December 23, 2019
Target AquaVenture Holdings
Sector Environmental
Buyer(s) Culligan
Deal Type Add-on Acquisition
Deal Value 1.1B USD
Advisor(s) Citi
UBS Investment Bank (Financial)
Goodwin Procter (Legal)

Target Company

AquaVenture Holdings

Tampa, Florida, United States
AquaVenture Holdings LLC is a multinational provider of Water-as-a-Service, or WAAS, solutions that provide customers with a reliable and cost-effective source of clean drinking and process water primarily under long-term contracts that minimize capital investment by the customer. AquaVenture offers its solutions in North America, the Caribbean, Latin America, and the Middle East. AquaVenture was formed in 2006 and is based in Tampa, Florida.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Culligan

Rosemont, Illinois, United States

Category Company
Founded 1936
Sector Consumer Products
DESCRIPTION

Culligan offers water softeners, filtration systems, industrial water treatment solutions, and drinking water systems. Culligan was founded in 1936 and is based in Rosemont, Illinois.


Deal Context for Buyer #
Overall 5 of 9
Sector: Environmental 2 of 2
Type: Add-on Acquisition 5 of 7
State: Florida 2 of 2
Country: United States 3 of 6
Year: 2019 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-07 Prospect Water Co.

Lombard, Illinois, United States

Prospect Water Co. LLC is an independent water solutions platform in the Culligan dealer network, offers a comprehensive suite of water-related products and services — including water equipment, bottled water, water treatment, and equipment installation, maintenance, and repair — to residential and commercial accounts nationwide. Prospect Water was established in 2011 and is based in Lombard, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-01 Oasis International

Columbus, Ohio, United States

Oasis International is a designer, manufacturer, and distributor of clean drinking water products and systems. Oasis offers bottle fillers, drinking fountains, bottle and point-of-use coolers, dehumidifiers, under-sink chillers, and filtration products to municipal and government buildings, schools and universities, hospitals, airports and other transit authorities, offices and residential homes. Oasis International was founded in 1910 and is based in Columbus, Ohio.

Buy -