Aquaterra Corporation
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Aquaterra Corporation - overview
Established
1882
Location
Mississauga, ON, Canada
Primary Industry
Consumer Products
About
Aquaterra Corporation is a Canadian company that specializes in high-quality bottled water delivery solutions for both residential and commercial clients, promoting hydration through its services. Aquaterra Corporation, founded in 1882 and headquartered in Mississauga, Canada, focuses on providing bottled water and hydration solutions. In December 2015, the company was acquired by Cott Corporation for USD 62. 00 mn, completing the transaction in January 2016.
The company has also engaged in 2 significant deals since its inception. Canadian Springs® specializes in the delivery of high-quality bottled water and water solutions, catering to both residential and commercial clients across Canada. Their core offerings include a subscription-based delivery service of pre-filled exchange bottles of Primo® water, which are cleaned and filled in a contaminant-free environment, ensuring safe and great-tasting water. Additionally, the company provides self-service refill options accessible at over 23,500 retail locations in the U.
S. and Canada, where customers can refill their own containers at affordable prices. For those seeking a continuous source of water, Canadian Springs® also offers a water filtration system that connects directly to existing water supplies, delivering fresh water for drinking, coffee, tea, and other beverages. The company serves customers in various provinces, including Ontario, British Columbia, Alberta, and the Atlantic provinces, positioning itself as a reliable provider of hydration solutions in the Canadian market.
Revenue generation for Canadian Springs® primarily occurs through subscription-based services and retail transactions. Customers can sign up for regular deliveries of bottled water every two weeks, which facilitates a steady stream of recurring income. The pricing structure typically includes charges for the delivery service along with the cost of the water bottles, which may vary based on the size and frequency of orders. In addition to direct-to-consumer sales, the company also engages in B2B transactions, providing water solutions to businesses in various sectors.
The flagship product, Primo® water, and associated services such as water filtration systems contribute significantly to the overall revenue model, leveraging convenience and quality to retain and expand its client base. Aquaterra Corporation aims to further enhance its product offerings and market reach. Future plans include the launch of new hydration solutions and an expansion strategy focusing on entering new geographical markets, although specific regions and timelines have not been disclosed. Recent funding from the Trade Sale in December 2015, where the company was acquired for USD 62.
00 mn, is expected to support these growth initiatives.
Primary Industry
Consumer Products
Sub Industries
Non-Alcoholic Beverages
Website
www.canadiansprings.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Aquaterra Corporation - 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 | Aquaterra Corporation | - | ||||||||
| Buyout | Completed | Aquaterra Corporation | - |
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