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AEA-Backed Evoqua Water Technologies Completes Initial Public Offering
New York – November 2, 2017 – AEA Middle Market Private Equity portfolio company, Evoqua Water Technologies Corp. (“Evoqua Water Technologies,” “Evoqua” or the “Company”), an industry leader in mission-critical water treatment solutions, today announced the completion of its initial public offering of 27,777,777 shares of its common stock at a public offering price of $18.00 per share. Shares of the Company’s stock began trading on the New York Stock Exchange under the symbol “AQUA.” The offering is expected to close on November 6, 2017, subject to the satisfaction of customary closing conditions.
AEA Investors LP was founded in 1968 by the Rockefeller, Mellon and Harriman family interests and S.G. Warburg & Co. as a private investment vehicle for a select group of industrial family offices with substantial assets. AEA has an extraordinary global network built over many years which includes leading industrial families, business executives and leaders; many of whom invest with AEA as active individual investors (“Participants”) and/or join its portfolio company boards or act in other advisory roles. Today, AEA’s approximately 70 investment professionals operate globally with offices in New York, Connecticut, London, Munich and Shanghai. The firm manages funds that have approximately $10 billion of invested and committed capital including the leveraged buyouts of middle market companies and small business companies and mezzanine and senior debt investments. AEA Private Equity invests across three sectors: value added industrials, consumer, and services.
About Evoqua Water Technologies
Evoqua Water Technologies is a leading provider of mission-critical water and wastewater treatment solutions, offering a broad portfolio of products, services and expertise to support industrial, municipal and commercial customers who value water. Evoqua has worked to protect water, the environment and its employees for more than 100 years, earning a reputation for quality, safety and reliability around the world. Headquartered in Pittsburgh, Pennsylvania, the Company operates in more than 160 locations across nine countries. Serving more than 200,000 installations worldwide, its employees are united by a common purpose: Transforming Water. Enriching Life.
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