Zurn Elkay Water Solutions to Acquire Intellihot

July 20, 2026

Zurn Elkay Water Solutions has signed an agreement to acquire Intellihot, a privately held tankless water heater solutions provider serving healthcare, education, hospitality, and other commercial and institutional end markets. The deal is expected to close early in the third quarter of 2026, with Intellihot net sales expected to reach approximately $37 million in 2026.

Buyers
Zurn Elkay Water Solutions Corporation
Targets
Intellihot, Inc.
Location
Illinois, United States
Transaction Type
Buyout

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