Add-on Acquisition • Utilities

H2O Innovation Acquires Itasca Systems

On July 3, 2008, H2O Innovation acquired utilities company Itasca Systems

Acquisition Context

This is H2O Innovation’s 1st transaction in the Utilities sector.
This is H2O Innovation’s 1st transaction in the United States.
This is H2O Innovation’s 1st transaction in Minnesota.

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M&A Deal Summary
Date	July 3, 2008
Target	Itasca Systems
Sector	Utilities
Buyer(s)	H2O Innovation
Deal Type	Add-on Acquisition

Target Company

Itasca Systems

Brooklyn Center, Minnesota, United States

Itasca Systems, Inc. specializes in treating industrial process water, notably for the energy sector.

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Buyer Overview 1

Buyer

H2O Innovation

Quebec City, Quebec, Canada

Category	Company
Founded	2000
Sector	Environmental
Employees	1,040
Revenue	253M CAD (2023)

DESCRIPTION

H2O Innovation is a provider of membrane filtration solutions for water treatment. H2O Innovation was founded in 2000 and is based in Quebec City, Quebec.

Deal Context for Buyer	#
Overall	1 of 7
Sector: Utilities	1 of 2
Type: Add-on Acquisition	1 of 7
State: Minnesota	1 of 1
Country: United States	1 of 5
Year: 2008	1 of 1

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2015-09-24	Clearlogx Greenwood Village, Colorado, United States Clearlogx, Inc. is a proprietary technology company.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2015-09-24

Clearlogx

Greenwood Village, Colorado, United States

Clearlogx, Inc. is a proprietary technology company.

Buy

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