M&A Deal Summary

Gradiant Acquires Advanced Watertek

On February 8, 2023, Gradiant acquired machinery company Advanced Watertek

Acquisition Highlights
  • This is Gradiant’s 1st transaction in the Machinery sector.
  • This is Gradiant’s 1st transaction in Australia.

M&A Deal Summary

Date 2023-02-08
Target Advanced Watertek
Sector Machinery
Buyer(s) Gradiant
Deal Type Add-on Acquisition

Target

Advanced Watertek

Myaree, Australia
Advanced Watertek is an original equipment manufacturer (OEM) and service provider for membrane-based water and wastewater treatment systems. Advanced Watertek was founded in 1984 and is based in Myaree, Australia.

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Buyer(S) 1

Buyer

Gradiant

Woburn, Massachusetts, United States

Category Company
Founded 2013
Sector Environmental
DESCRIPTION

Gradiant develops and delivers advanced water and wastewater treatment facilities around the world, with a primary focus in the rapidly growing Asia Pacific region for global brand owners and manufacturers with mission-critical needs in cleantech water and sustainable operations. Gradiant was founded in 2013 and is based in Woburn, Massachusetts.


DEAL STATS #
Overall 4 of 6
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 6
Country: Australia M&A 1 of 1
Year: 2023 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-06 WaterPark Environment Corp

Hsinchu, China

WaterPark Environment Corp. is a water technology design and construction firm serving advanced manufacturing clients in the semiconductor and microelectronics industries. Its proprietary technologies solve the range of water challenges of industrial clients throughout Asia Pacific using advanced biological, chemical, and physical processes. WaterPark Environment Corp is headquartered in Hsinchu, Taiwan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-21 MPES

Oman

MPES is a full-service water and wastewater management company. The company is focused on the design, build, and operations of wastewater treatment plants. MPES was founded in 2008 and is based in Oman.

Buy -