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New Deal


Announced

Completed

Alpine Investors and Madera Pumps formed Axia Water.

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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Domestic

Private

United States

water supply

Single Bidder

Acquisition

Friendly

Private Equity

Water

Majority

Completed

Synopsis

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Alpine Investors, a private equity firm, and Madera Pumps, a provider of water well and pump services, formed Axia Water, a water services business company. Financial terms were not disclosed. “We are excited to launch Axia through our partnership with the Madera team, who have built an outstanding water services company, which has benefited thousands of customers for decades across the Central Valley. Axia brings the benefits of a large company to entrepreneurial water services businesses, while Madera and well-established companies like it will continue to operate independently. Together, we have a unique opportunity to transform the water services sector, attract new talent and harness growth opportunities for this essential environmental service,” Amanda Neilson, Axia Water CEO.

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