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Announced

Completed

Castik Capital-backed Waterlogic completed its acquisition of Pure Water Technology.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Private

Friendly

United States

Acquisition

water dispensary

Majority

Water

Single Bidder

Private Equity

Synopsis

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Castik Capital-backed Waterlogic, a global designer, manufacturer, distributor and service provider of purified drinking water dispensers, completed its acquisition of Pure Water Technology Ohio and Pure Water Technology Georgia, two major water dispenser businesses in the US. Financial terms were not disclosed. "Waterlogic was the natural acquirer for our businesses. I am delighted that our customers and employees will be joining Waterlogic and look forward to seeing PWT Ohio and PWT Georgia go from strength to strength under Waterlogic's ownership," Tom Skerl, PWT Ohio and PWT Georgia Owner.

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