Frontenac completed the acquisition of Newterra from XPV Water Partners and Angeleno.

Private equity firm Frontenac completed the acquisition of Newterra, a producer of water treatment equipment, from its current shareholders XPV Water Partners and Angeleno. Financial terms were not disclosed. “Newterra has built an impressive business and carved out a leading role for itself within the water treatment category. The company’s creative solutions and vast capabilities position it to benefit from the increasing demand for clean water across the globe. Despite the challenges facing the economy this year, the Company has continued to perform exceptionally well by driving sales, completing strategic acquisitions, and expanding margins. We’re excited to partner with Tom, Jim, and the entire team going forward," Ron Kuehl, Frontenac Managing Director.