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Pentair Announces Definitive Agreement To Acquire Pleatco

Sep 15, 2021•about 4 years ago

Acquiring Company

Pentair

Acquired Company

Pleatco Filtration

LondonManufacturing

Description

Pentair plc (NYSE: PNR), a leading provider of water treatment and sustainable solutions, today announced that it has entered into a definitive agreement to acquire Pleatco, a manufacturer of water filtration and clean air technologies for pool, spa and industrial air customers. Pleatco is a current portfolio company of Align Capital Partners, a private equity firm with investment teams in Dallas, TX and Cleveland, OH.

Company Information

Company

Pentair

Location

London, England, United Kingdom

About

Pentair plc is a global leader in helping the world sustainably move, improve, and enjoy water, life’s most essential resource. With a focus on pool equipment and related solutions, Pentair plc continues to expand its offerings and reach through strategic acquisitions and sustainable initiatives, with a commitment to delivering smart, sustainable solutions to help customers enjoy water and make the most of life’s essential resource.

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M&A Insights

Based on deal data
Integration 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