Pentair Acquires Pleatco

September 15, 2021

Pentair plc agreed to acquire Pleatco, a manufacturer of water filtration and industrial air filtration products, from Align Capital Partners for approximately $255 million in cash. The acquisition expands Pentair's aftermarket pool and spa replacement filter offerings and complements its industrial filtration portfolio, with Pleatco expected to contribute roughly $95 million in annual revenue (2021).

Buyers
Pentair plc
Targets
Pleatco Filtration
Sellers
Align Capital Partners
Industry
Manufacturing
Location
Kentucky, United States
Transaction Type
Buyout

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