Announced
Completed
Financials
Tags
Domestic
Majority
Friendly
Private Equity
Acquisition
Specialty Chemicals
water treatment
Completed
Single Bidder
Private
United States
Synopsis
Nolan Capital, a private equity company, completed the acquistion of a majority stake in Water Engineering, a provider of industrial water treatment solutions and products, technical consultation and services. Financial terms were not disclosed. “Water Engineering’s performance and value proposition is a testament to the team, product offering and operation that David and Katie so successfully lead. David excels in his leadership role, with a strong precedent for M&A and integration, and we trust that with him and Katie heading up our strategy, the company is in a strong position for continued success. With the collective knowledge, expertise and resources of our partnership, we can grow the Water Engineering companies into one of the leading water treatment platforms in the country,” Peter Nolan, Nolan Capital Chairman.
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