At what enterprise value was EVOQUA WATER TECHNOLOGIES acquired in 2023?

During the acquisition of EVOQUA WATER TECHNOLOGIES by XYLEM in 2023, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 3b - 100b USD. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Industry & Manufacturing industry currently tracks an average EBITDA multiple of 11.2x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of EVOQUA WATER TECHNOLOGIES when it was acquired by XYLEM?

The estimated EV/EBITDA multiple for EVOQUA WATER TECHNOLOGIES is in the range of Above 20x. For comparison, the Industry & Manufacturing sector currently shows an average EBITDA multiple of 11.2x. Join our community for free to access full valuation data and industry trends.

When was EVOQUA WATER TECHNOLOGIES acquired by XYLEM?

EVOQUA WATER TECHNOLOGIES was acquired by XYLEM in 2023.

What was the revenue of EVOQUA WATER TECHNOLOGIES at the time of the deal?

The revenue of EVOQUA WATER TECHNOLOGIES at the time of the deal is estimated to be in the range of 1b - 3b USD. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of EVOQUA WATER TECHNOLOGIES during the acquisition?

EVOQUA WATER TECHNOLOGIES's EBITDA is estimated to be in the range of 250M - 500M USD. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the EVOQUA WATER TECHNOLOGIES acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the EVOQUA WATER TECHNOLOGIES deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.zonebourse.com/cours/action/XYLEM-INC-9391714/actualite/Xylem-finalise-l-acquisition-d-Evoqua-43938665/

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Home Database Industry & ManufacturingEVOQUA WATER TECHNOLOGIES

05/2023

EVOQUA WATER TECHNOLOGIES acquired by XYLEM

UNITED STATES Industrial Equipment / Special Machinery EV 3b - 100b USD

Context

Xylem has successfully finalized the acquisition of 100% of the common stock of Evoqua Water Technologies, marking the creation of the world's most advanced and comprehensive water technology platform. This transformative merger brings together the group’s leadership in water transport and digital infrastructure with the target’s specialized treatment services and critical industrial market access. The strategic rationale for the transaction centers on addressing global systemic risks related to water quality, scarcity, and climate resilience at an unprecedented scale. By integrating the target’s extensive professional service network and expertise in emerging contaminant remediation, the organization bolsters its value proposition as a primary end-to-end partner for the entire water cycle. The partnership is designed to unlock substantial commercial synergies by cross-selling advanced monitoring technologies into the target’s robust North American industrial base, specifically within the healthcare and electronics sectors. This integration reinforces the group’s standing as a dominant global champion for sustainable water management, providing the financial depth and operational expertise required to solve the most pressing resource challenges for utilities and industrial customers worldwide.

EVOQUA WATER TECHNOLOGIES, which reported an EBITDA margin of LOGIN in 2022, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level LOGIN as high as the average currently observed in the Industry & Manufacturing sector (11.2x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Evoqua is a leading technology organization specializing in the provision of mission-critical water and wastewater treatment solutions and services. The entity’s business model is built on a comprehensive lifecycle approach, combining advanced treatment hardware with a vertically integrated service network to ensure water quality and regulatory compliance. Its value proposition is centered on optimizing and outsourcing critical water systems for industrial, municipal, and commercial clients, particularly within high-growth sectors such as life sciences, microelectronics, and food and beverage. Strategically, the firm focuses on technical leadership in the remediation of emerging contaminants, including perfluoroalkyl substances (PFAS), while providing robust and recurring revenue streams through its extensive professional service infrastructure. By integrating digital offerings with traditional treatment processes, the organization facilitates the modernization and resilience of essential water infrastructure for thousands of global installations.

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REFERENCES

Valuation range: EV 3b - 100b USD

Revenue range: 1b - 3b USD

EBITDA range: 250M - 500M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of EVOQUA WATER TECHNOLOGIES by XYLEM are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Acquirer: xylem