Pleatco LLC
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Pleatco LLC - overview
Established
1972
Location
Louisville, KY, US
Primary Industry
Logistics & Distribution
About
Based in New York, US, and founded in 1972, Pleatco LLC operates as a manufacturer of spa and pool filter cartridges. Since its inception, the company has made several acquisitions, acquiring APEL International Inc. and Milton Manufacturing, Inc. 's Ontario Office in March 2019 and TVS Filters in December 2019.
In July 2017, Align Capital Partners invested in Pleatco LLC and then sold the company to Pentair PLC for approximately USD 255 million in cash in October 2021. Pleatco LLC designs and manufactures aftermarket pleated bags, filtration products, and pleated filter cartridges for the commercial air and pool/spa markets across the US and Europe. The company markets its products under the Pleatco Advanced™ and Pleatco Ultra™ brands. Following the acquisition, Pleatco LLC plans to use Pentair PLC's additional scale and resources to continue its growth plans.
Primary Industry
Logistics & Distribution
Sub Industries
Water & Sewer Utilities, Electrical, Plumbing & Hardware Distributors
Website
www.pleatco.com
Verticals
Manufacturing, Mobile Apps
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Pleatco 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Pleatco LLC | - | ||||||||
| Add-on, Trade Sale | Completed | TVS Filters | - | ||||||||
| Add-on | Completed | APEL International Inc. | - | ||||||||
| Add-on | Completed | Milton Manufacturing, Inc.'s Ontario Office | - | ||||||||
| Buyout | Completed | Pleatco LLC | - |
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