Water Engineering Inc
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Water Engineering Inc - overview
Established
1994
Location
-, NE, US
Primary Industry
Power & Utilities
About
Based in Nebraska, US, and founded in 1994, Water Engineering Inc is a water treatment company that provides water treatment services and products to save energy, and water along with making water management effective. In March 2022, Nolan Capital acquired a majority stake in Water Engineering Inc. As part of the transaction, Apollo Technologies, Inc, a portfolio company of Nolan Capital, will join Water Engineering Inc. As of March 2022, David Wagenfuhr is the owner of Water Engineering Inc.
Water Engineering provides complete water management solutions, including equipment, analytical services, wastewater treatment, complete water management, legionella management, consulting, private label toll blending, monitoring, and optimization. In October 2025, Kemira Group Oy acquired Water Engineering Inc from Nolan Capital for approximately USD 150 million in cash.
Current Investors
Nolan Capital
Primary Industry
Power & Utilities
Sub Industries
Consulting Services, Water & Sewer Utilities, Pollution Control
Website
www.h2oeng.com
Verticals
Clean Technology
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Water Engineering 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 | Water Engineering Inc | - | ||||||||
| Add-on | Completed | Scientific Water Conditioning Co., Inc. | - | ||||||||
| Add-on | Completed | Earthwise Environmental, Inc. | - | ||||||||
| Add-on | Completed | Delta Chemical Corp. | - | ||||||||
| Add-on | Completed | Chem Pro Laboratory, Inc. | - |
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