Newterra Acquires H2O Engineering, Inc.
Newterra today announced the acquisition of H2O Engineering Inc., a San Luis Obispo, California-based supplier that specializes in tailored water treatment solutions to meet the specific needs of its clients. Founded in 2000, the company delivers solutions across several markets, including indoor agriculture, light industrial, remediation, food and beverage and water reuse. Offerings include water filtration equipment, irrigation disinfection systems, ozone equipment, rentals and leases, system integration, automation, service and supplies. Newterra, a portfolio company of Frontenac, provides modular, decentralized solutions as well as products and services for water, wastewater, and industrial markets.
“The acquisition of H2O Engineering is a win-win for both companies. H2O Engineering expands our reach into the controlled environment agriculture, light industrial, remediation and beverage sectors while strengthening our engineering design, service, and manufacturing base on the West Coast,” said Newterra CEO Kevin Cassidy. “We enhance H2O Engineering’s system capabilities with complex system integration experience, packaged filtration systems and a broad range of technologies. We are extremely excited to welcome the H2O Engineering team to our Newterra family.
“Newterra is the perfect complement to H2O Engineering, and we are very excited about the joint competencies. I am delighted the H2O Engineering team will now be part of a global company with strong capabilities,” said Robert Moncrief, H2O Engineering Founder.
Jeff Martens, VP of Sales and Service for H2O Engineering, shared, “For the last three years, H2O Engineering has experienced rapid growth, especially in the controlled environment agriculture market. We have accomplished this by engineering solutions tailored to the needs of our customers and providing exceptional service. Joining the Newterra team will allow H2O Engineering to service our key customers with a broader range of water solutions and a broader service and support network.”
Newterra designs, engineers, manufactures, and services environmental, water and wastewater treatment solutions that assure performance, reliability, and value across global markets. The company offers a broad portfolio of reliable, trouble-free technologies and outsourcing support for municipal and industrial customers across diverse applications, including drinking water, industrial process water, wastewater, stormwater and remediation. For more information, visit newterra.com.
Frontenac is a Chicago-based private equity firm. The firm focuses on investing in lower middle market buyout transactions in the consumer, industrial, and services industries. Frontenac works in partnership with established operating leaders, through an executive-centric approach called CEO1ST, which seeks to identify, acquire, and build market-leading companies through transformational acquisitions and operational excellence. Over the last 50+ years, Frontenac has built a leading franchise working with over 275 owners of mid-sized businesses as they address complex transition issues of liquidity, management enhancement, and growth planning. For more information, please visit frontenac.com.