Delta Water Products Acquires WaterTec Irrigation

Warburg Pincus (via Canyon Trail) Acquires Majority Stake in Watertec India

June 27, 2023

Building Products

Canyon Trail Investments B.V., an affiliate of Warburg Pincus, has acquired a majority stake in Watertec India Private Limited, a Coimbatore-based polymer bath-fittings manufacturer and brand. The investment will support Watertec’s growth — expanding product portfolio, strengthening brand equity, and broadening geographic reach across Tier 2/3 and rural India; Mathew Job will join as Executive Chairman.

A. O. Smith Acquires Water Tec of Tucson

September 6, 2023

Manufacturing

A. O. Smith Corporation acquired Water Tec of Tucson, a family-owned water treatment equipment manufacturer and dealer based in Tucson, Arizona, in an all-cash transaction; terms were not disclosed. Water Tec will join A. O. Smith’s North America Water Treatment business to expand the company's West Coast presence, and members of the DeGrave family will remain with the business operating out of Tucson and Las Vegas.

Tetra Tech Acquires Enterprise Automation

October 27, 2021

Engineering Services

Tetra Tech, Inc. (NASDAQ: TTEK) has acquired Enterprise Automation, an Irvine-based systems integrator specializing in digital water transformation, control systems integration, advanced data analytics, SCADA/platform virtualization, and cybersecurity. The acquisition expands Tetra Tech’s high-end digital water consulting capabilities and brings Enterprise Automation into Tetra Tech’s Government Services Group; terms were not disclosed.

Veolia Acquires Icetec to Expand Digital and Distributed Energy Business in North America

July 18, 2025

Energy

Veolia has completed the acquisition of Icetec, a Boothwyn, Pennsylvania–based digital and distributed energy management company with more than 20 years of experience. The tuck-in expands Veolia's North American energy service offerings and adds Icetec's SaaS optimization capabilities to Veolia's Hubgrade digital platform as part of its GreenUp strategy.

Watts Water Technologies Acquires Bradley Corporation

August 30, 2023

Building Products

Watts Water Technologies, Inc. agreed to acquire Bradley Corporation for $303 million (approximately $268 million net of estimated tax benefits) to expand its water solutions portfolio. The acquisition adds Bradley's front-of-the-wall commercial washroom and emergency safety product lines, increases exposure to commercial and industrial end markets, and is expected to generate cost synergies and be accretive to Adjusted EPS in 2024.

Tetra Tech Acquires BlueWater Federal Solutions

September 29, 2020

IT Services

Tetra Tech, Inc. has acquired BlueWater Federal Solutions, a Chantilly, Virginia–based information technology systems and services firm with more than 350 employees. The acquisition expands Tetra Tech’s advanced analytics, artificial intelligence, and cybersecurity capabilities and brings additional mission-critical federal contract expertise into its Government Services Group; terms were not disclosed.