Announced
Completed
Financials
Sources
Tags
United States
Acquisition
Single Bidder
Private Equity
Private
aeration systems
Majority
Renewable Energy Equipment
Friendly
Completed
Synopsis
KKR and XPV Water Partners, a private equity firm which invests in and actively supports water-focused companies, completed the acquisition of Environmental Dynamics International, a global manufacturer of diffused aeration systems. Financial terms were not disclosed. “We are committed to scaling solutions to promote water quality and we look forward to collaborating with EDI’s management team and dedicated employees to deliver our resources, ideas and capital to unlock additional growth. Our ambition is for this acquisition to be the first of many as we expand our platform by teaming up with leading entrepreneurs, technologies and businesses across the sector,” Robert Antablin, KKR Global Impact Co-Head, and David Henderson, XPV Managing Partner.
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