Aqua-Chem Inc.
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Aqua-Chem Inc. - overview
Established
1929
Location
Knoxville, TN, US
Primary Industry
Power & Utilities
About
Aqua-Chem Inc. is a leading provider of water purification solutions, offering advanced technologies that cater to various industries, including pharmaceuticals, beverages, and military applications. Founded in 1929 and headquartered in Knoxville, US, Aqua-Chem Inc. specializes in water purification solutions, including vapor compression distillation and reverse osmosis systems.
The company was recently acquired by Saur SAS in May 2022, a strategic move aimed at supporting business growth and expansion. The current CEOs are Gary Edwards and Shane Dewitt. Since its inception, Aqua-Chem has completed a total of 3 deals, with the latest funding round being a Buyout of USD 4. 80 mn, marking the total amount raised.
In April 2026, Hawkins, Inc acquired Aqua-Chem Inc. Aqua-Chem Inc. specializes in advanced water purification technologies, offering a comprehensive portfolio that includes thermal and membrane treatment solutions. Their core product offerings encompass vapor compression distillation, reverse osmosis systems, UV sterilizers, membrane filtration, and ion exchange technologies.
These technologies cater to sectors like biopharmaceuticals, beverage production, oil and gas, military applications, and wastewater treatment. Clients rely on Aqua-Chem's solutions to meet stringent water quality needs, ensuring regulatory compliance. Their products are primarily distributed across North America and international markets. Aqua-Chem operates through a business-to-business model, generating revenue by providing water purification systems and associated services to various industries.
Revenue is derived from direct sales of equipment and service contracts that ensure ongoing maintenance. The company’s flagship products, including Vapor Compression distillers and reverse osmosis systems, are critical to the industrial processes of their customers. Additionally, Aqua-Chem generates income from replacement parts and maintenance services, fostering long-term relationships with a diverse client base. Aqua-Chem plans to leverage its recent acquisition by Saur SAS to enhance its business growth and explore new market opportunities.
The company is focused on developing new products within its existing technology framework, aimed at launching additional solutions by 2024. Plans include expanding into European and Asian markets, with efforts anticipated to begin by mid-2023. The recent funding from the Buyout will support these initiatives, ensuring adequate resources for product development and market entry strategies.
Current Investors
Crimson Investment
Primary Industry
Power & Utilities
Sub Industries
Water & Sewer Utilities
Website
www.aqua-chem.com
Verticals
Clean Technology, Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Aqua-Chem Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Aqua-Chem Inc. | - | ||||||||
| Add-on, Trade Sale | Completed | Aqua-Chem Inc. | - | ||||||||
| Secondary Buyout | Completed | Aqua-Chem Inc. | - | ||||||||
| Add-on | Completed | Enviro-Solutions, LLC | - | ||||||||
| Add-on | Completed | Specific Equipment | - |
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