Innovative Water Care, LLC
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Innovative Water Care, LLC - overview
Established
1920
Location
Alpharetta, GA, US
Primary Industry
Power & Utilities
About
Based in Georgia, US, and founded in 1920, Innovative Water Care LLC, trading under the name Sigura Water, provides water treatment solutions for the industrial and municipal water care sectors. As of 2021, the firm has approximately 1,200 employees and 6 facilities in the EMEA and in North and South America. Platinum Equity acquired the company in February 2019 for approximately USD 630 million in cash and in July 2021, the company entered into a merger agreement with Solenis LLC and in October 2020, SePRO Corporation, a portfolio company of Excellere Partners, acquired Marine Biochemists from Innovative Water Care, LLC. Innovative Water Care LLC offers water care solutions used from commercial and residential pools and spas to food hygiene and industrial cooling to drinking water chlorination and aquatic vegetation management and papermaking markets.
The company operates through a portfolio of sub-brands including: HTH® pool and spa care supplies, poolife® (pool care products and solutions), Leisure Time Free® (a biguanide-based pool sanitizing system), Pulsar (collection of pool sanitizers and maintenance products). The company allows its customers to purchase and track their orders online and provides them with refunds for damaged or off-specification products.
Primary Industry
Power & Utilities
Sub Industries
Water & Sewer Utilities, Chemicals
Verticals
E-commerce
Company Stage
Buyout
Total Amount Raised
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Innovative Water Care, LLC - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Marine Biochemists | - | ||||||||
| Add-on, Trade Sale | Completed | Applied Biochemists | - | ||||||||
| Buyout | Completed | Innovative Water Care, LLC | - |
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