CECO Environmental Acquires Compass Water Solutions
May 10, 2022
CECO Environmental Corp. acquired Compass Water Solutions, a supplier of membrane-based industrial water and wastewater treatment systems, for a total purchase price of $12.5 million. The acquisition (completed May 2022) expands CECO's industrial water capabilities, adds a short-cycle revenue mix, and is expected to be accretive to EBITDA, EPS, and free cash flow in 2022.
- Buyers
- CECO Environmental Corp.
- Targets
- Compass Water Solutions, Inc.
- Industry
- Environmental Services
- Location
- California, United States
- Transaction Type
- Buyout
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