M&A Deal Summary

Waterlogic Acquires Smart Water

On November 4, 2021, Waterlogic acquired utilities company Smart Water

Acquisition Highlights
  • This is Waterlogic’s 23rd transaction in the Utilities sector.
  • This is Waterlogic’s 14th transaction in the United States.
  • This is Waterlogic’s 1st transaction in Tennessee.

M&A Deal Summary
Date 2021-11-04
Target Smart Water
Sector Utilities
Buyer(s) Waterlogic
Deal Type Add-on Acquisition

Target

Smart Water

Memphis, Tennessee, United States
Smart Water is a commercial point of use water company focused on POU rentals and services. Smart Water was founded in 2006 and is headquartered in Memphis, Tennessee, and serves a customer base throughout the Greater Memphis Metropolitan Area.

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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 40 of 43
Sector (Utilities) 23 of 25
Type (Add-on Acquisition) 36 of 39
State (Tennessee) 1 of 1
Country (United States) 14 of 15
Year (2021) 11 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-29 ClearAir

Sofia, Bulgaria

ClearAir sells, leases, and services mains-fed freestanding dispensers, integrated taps, and air purification systems to offices, factories, medical and educational institutions, plus high-volume solutions for the hospitality sector. ClearAir was established in 2011 and is based in Sofia, Bulgaria.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-15 Boresow s Water

Overland Park, Kansas, United States

Boresow's Water is a commercial point of use water company. Boresow’s has two locations. One in Overland Park, Kansas serving a customer base throughout the Kansas City Metropolitan Area and a second based in Carlisle, Pennsylvania and serving a customer base throughout the Harrisburg-Carlisle-Hershey Metropolitan Area. Boresow's Water was founded in 1996 and is based in Overland Park, Kansas.

Buy -
Mergr

Product

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