M&A Deal Summary

Evoqua Acquires Ultrapure’s Industrial Water Business

On December 21, 2020, Evoqua acquired utilities company Ultrapure’s Industrial Water Business from Ultrapure & Industrial Services

Acquisition Highlights
  • This is Evoqua’s 3rd transaction in the Utilities sector.
  • This is Evoqua’s 13th transaction in the United States.
  • This is Evoqua’s 2nd transaction in Texas.

M&A Deal Summary

Date 2020-12-21
Target Ultrapure’s Industrial Water Business
Sector Utilities
Buyer(s) Evoqua
Sellers(s) Ultrapure & Industrial Services
Deal Type Divestiture

Target

Ultrapure’s Industrial Water Business

Dallas, Texas, United States
Ultrapure’s Industrial Water Business focuses on water purification services and equipment, serving the healthcare, laboratory, power, microelectronics, food and beverage, oil and gas, commercial, and manufacturing markets. Ultrapure provides its customers with a variety of water treatment products and services, including service deionization, reverse osmosis, UV, and ozonation.

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Buyer(S) 1

Buyer

Evoqua

Pittsburgh, Pennsylvania, United States

Category Company
Founded 2014
Sector Environmental
Revenue 1.7B USD (2022)
DESCRIPTION

Evoqua provides water and wastewater treatment products, systems, and services for industrial and municipal customers. Its comprehensive, cost-effective, and reliable treatment systems and services reduce fresh water demand, ensure uninterrupted quantity and quality of water, and enable regulatory and environmental compliance. With a wide range of proven product brands and advanced water and wastewater treatment technologies, mobile and emergency water supply solutions, and service contract options, Evoqua helps cities provide clean water and industrial plants to maintain productivity and profitability. Evoqua was founded in 2014 and is based in Pittsburgh, Pennsylvania.


DEAL STATS #
Overall 17 of 21
Sector (Utilities) 3 of 4
Type (Divestiture) 5 of 6
State (Texas) 2 of 2
Country (United States) 13 of 17
Year (2020) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-07 Aquapure Technologies

West Chester Township, Ohio, United States

Aquapure Technologies is a water service and equipment company that designs, builds, and maintains industrial water treatment systems, and is an Elite Distributor of GE water treatment products. It provides its customers with a variety of water treatment products and services, including deionization, reverse osmosis, softeners, and filtration systems. Aquapure Technologies is based in Hamilton, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-06 Water Consulting Specialists

Doylestown, Pennsylvania, United States

Headquartered in Pocasset, Massachusetts, with operations in Pompton Plains, New Jersey, and Philadelphia, Pennsylvania, Water Consulting Specialists offers high-purity water expertise, design/build, turnkey solutions, and service capabilities for customers in the pharmaceutical, healthcare, microelectronics, and food and beverage markets. WSCI provides a variety of water treatment solutions and services, including pretreatment, service deionization (SDI), reverse osmosis (RO), and electrodeionization (EDI).

Buy -

Seller(S) 1

SELLER

Ultrapure & Industrial Services

Dallas, Texas, United States

Category Company
Sector Machinery
DESCRIPTION

Ultrapure & Industrial Services LLC is a provider of pure water systems and large capacity softening and filtration for commercial, industrial, medical, and ultra-pure applications.


DEAL STATS #
Overall 1 of 1
Sector (Utilities) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-03 DiPure Water Technologies

Houston, Texas, United States

DiPure Water Technologies LLC is a privately held commercial/industrial water purification business with office locations in Houston and Dallas, Texas.

Buy -