M&A Deal Summary

H2O Innovation Acquires Itasca Systems

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

Acquisition Highlights
  • 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.

M&A Deal Summary

Date 2008-07-03
Target Itasca Systems
Sector Utilities
Buyer(s) H2O Innovation
Deal Type Add-on Acquisition

Target

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(S) 1

Buyer

H2O Innovation

Quebec City, Quebec, Canada

Category Company
Founded 2000
Sector Environmental
Employees1,040
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 STATS #
Overall 1 of 6
Sector (Utilities) 1 of 2
Type (Add-on Acquisition) 1 of 6
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 -