M&A Deal Summary

Pentair Acquires Rocean

On December 28, 2020, Pentair acquired electronics company Rocean

Acquisition Highlights
  • This is Pentair’s 2nd transaction in the Electronics sector.
  • This is Pentair’s 9th transaction in the United States.
  • This is Pentair’s 1st transaction in New York.

M&A Deal Summary
Date 2020-12-28
Target Rocean
Sector Electronics
Buyer(s) Pentair
Deal Type Add-on Acquisition

Target

Rocean

New York, New York, United States
Rocean filtration devices provide countertop filtration solutions to help reduce single-use plastic bottles in homes and businesses keeping them out of landfills and oceans. Rocean is based in New York City.

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Buyer(S) 1

Buyer

Pentair

London, United Kingdom
Category Company
Founded 1966
Sector Diversified
Employees10,500
Revenue 4.1B USD (2023)
DESCRIPTION
Pentair facility in Roseville, Minnesota.
Pentair facility in Roseville, Minnesota.

Pentair is a global diversified industrial products company. Pentair's Water and Fluid Solutions segment is a provider of water and fluid processing products and solutions used in a wide range of applications. Pentair's Technical Products segment is a provider of products that enclose and protect some of the world's most sensitive electronics and electrical equipment, ensuring their safe, secure, and reliable performance. Pentair was founded in 1966 and is based in London, England.

DEAL STATS #
Overall 14 of 17
Sector (Electronics) 2 of 2
Type (Add-on Acquisition) 11 of 13
State (New York) 1 of 1
Country (United States) 9 of 12
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-07 Pelican Water Systems

DeLand, Florida, United States

Pelican Water Systems is a provider of branded home water treatment products including the NaturSoft line of salt-free water softeners, whole-house water filters, and iron removal systems. Pelican was founded in 2004 and is based in DeLand, Florida.

Buy $120M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-20 Ken’s Beverage

Plainfield, Illinois, United States

Ken’s Beverage is a provider of beverage equipment, installation, service, preventive maintenance, project deployment, and water filtration systems for restaurants, convenience stores, and foodservice companies. Ken’s Beverage is based in Plainfield, Illinois.

Buy $80M
Mergr

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