Evoqua Water Technologies Completes Acquisition Of Frontier Water Systems
Apr 04, 2022•over 3 years ago
Acquiring Company
Evoqua Water Technologies
Acquired Company
Frontier Water Systems
Water PurificationWater
Description
Evoqua Water Technologies (NYSE: AQUA), an industry leader in mission-critical water treatment solutions, today announced that it has purchased the remaining equity of San Diego-based Frontier Water Systems, LLC. Evoqua initially announced its majority investment position in Frontier Water Systems in October 2019.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed