M&A Deal Summary

Gradiant Acquires Synauta

On May 17, 2022, Gradiant acquired information technology company Synauta

Acquisition Highlights
  • This is Gradiant’s 1st transaction in the Information Technology sector.
  • This is Gradiant’s 1st transaction in Canada.
  • This is Gradiant’s 1st transaction in Alberta.

M&A Deal Summary
Date 2022-05-17
Target Synauta
Sector Information Technology
Buyer(s) Gradiant
Deal Type Add-on Acquisition

Target

Synauta

Calgary, Alberta, Canada
Synauta is a Canadian artificial intelligence (AI) water technology company that combines a deep understanding of desalination and machine learning artificial intelligence to treat more water with less energy and chemicals to reduce operating costs for our customers. Synauta is based in Calgary, Alberta.

Search 201,157 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

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 2 of 6
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 2 of 6
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2022) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-21 Sigma Water Engineering Sdn. Bhd.

Puchong, Malaysia

Sigma Water Engineering is an industrial water and wastewater treatment company with repeated success in delivering industrial water treatment systems in Food and Beverage, Oil and Gas, Glove Manufacturing, and other various water-intensive industries. Additionally, Sigma Water has a strong manufacturing front with a fabrication and chemical storage facility also based in Malaysia along with established relationships with both global and local customers, contractors, and other resources. Sigma Water Engineering was formed in 2004 and is based in Puchong, Malaysia.

Buy -
FOLLOWING 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 -
Mergr

Product

Company

Legal