Announced
Synopsis
Altor, a private equity firm, agreed to acquire a majority stake in Evac, a global leader in integrated water and waste management systems for marine and land-based use-cases, from Bridgepoint, a mid-market investor. Financial terms were not disclosed. “The demand for sustainable solutions in our markets is accelerating at a pace we’ve never seen before. Partnering with Altor gives us the platform to scale our innovations and deliver even greater value to customers worldwide,” Björn Ullbro, Evac CEO.
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