Clearford Water Systems

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Clearford Water Systems - overview

Location

Ottawa, ON, Canada

Primary Industry

Power & Utilities

About

Clearford Water Systems specializes in innovative water and wastewater management solutions, with a focus on decentralized systems that address sanitation challenges in underserved regions, particularly in India. Clearford Water Systems, headquartered in Ottawa, Canada, provides advanced water and wastewater infrastructure solutions. The company is known for its innovative Clearford One™ product, designed to tackle sanitation issues in rural areas of India where traditional systems are not viable. Founded by individuals with extensive experience in the water management sector, Clearford has not undergone significant pivots or operational changes since its inception.


The firm has expanded its operations primarily in India, focusing on local governments and community organizations as key clients. Clearford India Private Limited specializes in innovative water and wastewater infrastructure solutions, primarily through its flagship product, Clearford One™. This proprietary decentralized communal sewage system is designed to address significant sanitation challenges in India, particularly in rural and peri-urban areas where conventional sewage systems are often impractical due to low water availability and intermittent electricity supply. Clearford One comprises several key components, including ClearDigest Smart Digester tanks, a network of sealed HDPE piping known as ClearConvey, and a ClearRecover sewage treatment plant that facilitates water resource augmentation and reuse.


The system provides a sustainable and cost-effective solution to the approximately 600 million Indian citizens lacking improved sanitation, making it particularly suitable for residential townships, villages, and small towns across diverse geographical markets in India. Clearford's client base includes local governments, community organizations, and corporate social responsibility (CSR) initiatives focused on improving public health and environmental conditions. Clearford operates on a model that includes alternative project delivery systems and partnership-based transactions. The revenue primarily stems from the deployment of its Clearford One system, along with comprehensive engineering, design, and operational services for water and wastewater management projects.


Transactions are structured around direct partnerships with local governments and NGOs, often involving CSR funding to support sanitation initiatives. Clearford's pricing structure incorporates costs associated with the installation of its systems, as well as ongoing operational support, which includes training local operators and ensuring regulatory compliance. The firm’s approach is tailored to maximize social and environmental impacts while providing affordable sanitation solutions, positioning Clearford as a critical player in the water management sector within India. Clearford Water Systems is actively exploring the development of new product lines that enhance water and wastewater management solutions, with planned launches in the upcoming fiscal year.


The company aims to expand its market presence in additional regions of India, targeting both urban centers and rural areas by the end of 2024. Recent funding will be strategically utilized to support these initiatives, focusing on enhancing product features and increasing operational capacity to meet rising demands.


Primary Industry

Power & Utilities

Sub Industries

Water & Sewer Utilities

Website

www.clearford.com

Total Amount Raised

Subscriber access only

Clearford Water Systems - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedASI Water-
Trade SaleCompletedNiagara Water Treatment Plant-
Trade SaleCompletedUV Pure Technologies Inc-

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