M&A Deal Summary

Waterlogic Acquires Aqua Systems

On August 31, 2021, Waterlogic acquired utilities company Aqua Systems

Acquisition Highlights
  • This is Waterlogic’s 20th transaction in the Utilities sector.
  • This is Waterlogic’s 11th transaction in the United States.
  • This is Waterlogic’s 2nd transaction in Virginia.

M&A Deal Summary
Date 2021-08-31
Target Aqua Systems
Sector Utilities
Buyer(s) Waterlogic
Deal Type Add-on Acquisition

Target

Aqua Systems

Richmond, Virginia, United States
Aqua Systems creates water softeners, drinking water purification, and whole house water systems for homeowners everywhere. The company's products are affordable and reliable, offering 12-month financing as well as an industry-leading 7-year parts and labor warranty, a lifetime exchange program, a salt drive-thru, and a maintenance program. Its home water systems help homeowners trust that their water is safe for their appliances, safe to drink, and tastes better. Aqua Systems was formed in 1959 and is based in Richmond, Virginia.

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Buyer(S) 1

Buyer

Waterlogic

Berkshire, United Kingdom
Category Company
Founded 1992
Sector Utilities
DESCRIPTION

Waterlogic is a designer, manufacturer, distributor and operator of mains attached point-of-use ("POU") drinking water purification and dispensing systems designed for environments such as offices, factories, hospitals, hotels, schools, restaurants, and other workplaces. Waterlogic was established in 1992 and is based in Berkshire, United Kingdom.

DEAL STATS #
Overall 34 of 43
Sector (Utilities) 20 of 25
Type (Add-on Acquisition) 30 of 39
State (Virginia) 2 of 2
Country (United States) 11 of 15
Year (2021) 5 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-30 Beverage Express

Indianapolis, Indiana, United States

Beverage Express is a specialty consumable and commercial POU water company focused on coffee delivery and POU rentals. Beverage Express was founded in 2005 and is based in Indianapolis, Indiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-03 Home Business Solutions

Portugal

Home Business Solutions meets the hydration needs of over 17,000 customers daily with high-quality coffee machines and consumables, point-of-use (POU) water dispensers, and bottled water coolers, serving both domestic and commercial markets.

Buy -
Mergr

Product

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