Add-on Acquisition • Utilities

Florida Energy Water & Air Acquires RainSoft

On November 17, 2024, Florida Energy Water & Air acquired utilities company RainSoft

Acquisition Context
  • This is Florida Energy Water & Air’s 1st transaction in the Utilities sector.
  • This is Florida Energy Water & Air’s 1st transaction in the United Kingdom.
  • This is Florida Energy Water & Air’s 1st transaction in Texas.

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M&A Deal Summary

Date November 17, 2024
Target RainSoft
Sector Utilities
Buyer(s) Florida Energy Water & Air
Deal Type Add-on Acquisition
Advisor(s) Generational Capital Markets (Financial)

Target Company

RainSoft

Grand Prairie, Texas, United Kingdom
EnviroTech provides water treatment solutions for the Dallas-Fort Worth area, delivering water filtration and purification systems to residential and commercial customers. As an authorized RainSoft dealer, the company specializes in water softeners and filtration systems that enhance water quality and promote healthier living environments. With a strong focus on exceptional customer service, it offers customized solutions tailored to each client's unique water treatment needs. EnviroTech is based in Grand Prairie, 75050, Texas.
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Buyer Overview 1

Buyer

Florida Energy Water & Air

Maitland, Florida, United States

Category Company
Founded 1989
Sector Consumer Services
DESCRIPTION

Florida Energy Water & Air is a fully integrated sales, installation and service contractor providing water treatment systems, water heaters, HVAC, and related products to a large customer base across Florida, Georgia, and Alabama. Florida Energy Water & Air was founded in 1989 and is based in Maitland, Florida.


Deal Context for Buyer #
Overall 1 of 1
Sector: Utilities 1 of 1
Type: Add-on Acquisition 1 of 1
State: Texas 1 of 1
Country: United Kingdom 1 of 1
Year: 2024 1 of 1