Capstone Partners advised Barclay Water Management—a provider of water safety and digital monitoring solutions—on its sale to Ecolab.
Founded in 1932 and based in Massachusetts, Barclay Water Management provides differentiated water safety solutions, including the proprietary iChlor® Monochloramine System for the treatment of Legionella bacteria in drinking water systems. This secondary disinfection program improves water quality, extends the life of customer assets, and provides continuous on-line monitoring and control of water chemistry. Its water treatment group offers industrial and commercial water treatment solutions that extend the useful life of boilers, chillers, cooling towers, process heat exchangers, and piping systems as well as reduce utility plant operating costs by minimizing water and energy consumption. For more information visit barclaywater.com.
Capstone was an ideal partner for Barclay. They perfectly understood how best to articulate our unique story and generated a ton of interest on our behalf. We are thrilled with the outcome and are excited to become part of the Ecolab family.
According to Ted Polk, Managing Director at Capstone Partners, “Barclay Water is the gold standard for a well-run business. We were honored to represent such a talented organization.”
“The universal investor enthusiasm we experienced in this process underscores the unique value the Barclay Water team brings to its industry, and we are proud to have facilitated a partnership that will propel its success to new heights”, adds Timm Kuechle, Senior Director at Capstone.
“We welcome the Barclay team to Ecolab – a company with more than 100 years of experience helping to protect people and the resources vital to life,” said Josh Magnuson, executive vice president and general manager, Global Light Water. “We have a new and exciting opportunity to bring Barclay’s innovative water safety solutions to customers across North America. By aligning them with Ecolab’s complementary circular water solutions and our real-time monitoring ECOLAB3D™ digital platform, we are creating a new platform for growth. Our comprehensive offering will help customers improve water safety while also enhancing operational performance through reduced water and energy use.”
A trusted partner for millions of customers, Ecolab (NYSE:ECL) is a global sustainability leader offering water, hygiene and infection prevention solutions and services that protect people and the resources vital to life. Building on a century of innovation, Ecolab has annual sales of $15 billion, employs more than 46,000 associates and operates in more than 170 countries around the world. Ecolab delivers comprehensive science-based solutions, data-driven insights and world-class service to advance food safety, maintain clean and safe environments, and optimize water and energy use. Ecolab’s innovative solutions improve operational efficiencies and sustainability for customers in the food, healthcare, life sciences, hospitality and industrial markets. for more information visit ecolab.com.
The expert investment banking professionals on Capstone Partners’ Industrials Team work with leading middle market companies operating in the Water Infrastructure market to advise with their strategic decision-making in order to maximize financial outcomes at every stage of the business lifecycle. Our firm has developed a full suite of corporate finance solutions, including M&A advisory, debt advisory, financial advisory, and equity capital financing to help privately owned businesses and private equity firms address any need, ranging from growth and financial or operational advisement to an ultimate exit transaction. To learn more about this transaction, or about the benefits of starting a relationship with our Water Banking Team, contact us here.
