Aquafinity (Turning Basin-backed) Acquires Aquatic Environmental Systems
September 28, 2023
Commercial Energy Specialists Holdings LLC (dba Aquafinity), a Turning Basin Capital and Vigeo Investments-backed platform, has acquired Aquatic Environmental Systems, Inc. (AES), a Tempe, Arizona-based provider of full-service water treatment solutions for commercial and institutional swimming pools in Arizona, New Mexico and west Texas. The add-on deal, which closed June 30, 2023, expands Aquafinity’s geographic presence in the Southwest; terms were not disclosed.
- Buyers
- Commercial Energy Specialists Holdings LLC (dba Aquafinity), Turning Basin Capital Partners, LLC, Vigeo Investments, LLC
- Targets
- Aquatic Environmental Systems, Inc.
- Platforms
- Aquafinity (Commercial Energy Specialists Holdings LLC)
- Industry
- Environmental Services
- Location
- Arizona, United States
- Transaction Type
- Addon
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