Announced
Financials
Tags
Majority
United States
Acquisition
Single Bidder
water treatment
Domestic
Pending
Specialty Chemicals
Private
Friendly
water treatment chemicals
Private Equity
testing inspection and certification
Synopsis
Incline Equity Partners, a private equity firm, agreed to acquire AquaPhoenix Scientific, a manufacturer and distributor of water treatment testing products. Financial terms were not disclosed. “Since founding the business in 2003, we have remained dedicated to providing best-in-class service to our customers and promoting a culture of continuous improvement for our employees. We were seeking a partner that aligned with our core values and had meaningful experience supporting entrepreneurs in their next phase of growth. With Incline’s resources and guidance, we will invest in technology to improve operational efficiency and business processes to more effectively serve our customers and accelerate growth," Frank Lecrone, AquaPhoenix President & CEO.
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