Deal Details

Pleatco Is Acquired By Pentair

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Summary

About

Pleatco is a leading designer and manufacturer of aftermarket pleated filter cartridges, pleated bags and other filtration products for the pool / spa and industrial air markets across the United States and Europe. Pleatco Filtration brings together the former brands APEL, Milton and TVS and incorporates stand-alone brands Guardian Filtration, EFI and ECO Filtration under one umbrella, leveraging collective engineering, manufacturing and logistics resources to deliver best-in-class products backed by industry leading sales, marketing and customer service teams. The Company is headquartered in Louisville, Kentucky.

Align Capital Partners is a growth-oriented private equity firm that partners with business owners and management teams to create shared success. ACP manages $775 million in committed capital with investment teams in Cleveland and Dallas. ACP brings experience and resources to help lower-middle market companies accelerate their growth, to the benefit of management, employees and the firm’s investors. ACP makes control investments in differentiated companies within the business services, technology, specialty manufacturing and distribution sectors.

Pentair makes the most of life’s essential resources. From residential and business solutions that help people move, improve and enjoy their water, to sustainable innovations and applications, Pentair delivers smart, sustainable solutions for life. Pentair had revenue in 2020 of $3 billion, and trades under the ticker symbol PNR. With approximately 9,750 global employees serving customers in more than 150 countries, Pentair works to help improve lives and the environment around the world. Pentair is headquartered in Minneapolis, Minnesota.

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