# Evoqua Water Technologies acquires ProAct Services for $132M

Evoqua Water Technologies has signed a definitive agreement to purchase ProAct Services Corporation, a provider of on-site treatment services of contaminated water, for $132 million. ProAct Services has approximately 180 employees and facilities in seven US states.

- Type: Acquisition
- Announced: 2018-06-19
- Where: Ludington, Michigan, United States
- Value: $132.0M
- Status: announced
- Products: on-site water treatment services, mobile water treatment
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Evoqua Water Technologies](https://endata.com/companies/10440.md) (acquirer)
- [ProAct Services Corporation](https://endata.com/companies/32674.md) (target)
- [Hammond Kennedy Whitney & Co. Inc.](https://endata.com/companies/32690.md) (partner)
- [Hammond Kennedy Whitney & Co. Inc.](https://endata.com/companies/32690.md) (target)

## Sources

- [watertechonline.com](https://www.watertechonline.com/process-water/article/16212872/evoqua-agrees-to-acquire-environmental-service-provider), 2018-06-20: "ProAct Services has a well-earned reputation for safety, exceptional service, and a commitment to customer satisfaction."
- [sec.gov](https://www.sec.gov/Archives/edgar/data/1604643/000162828018008056/badger8k.htm), 2018-06-20: "EWT III agreed to purchase all of the issued and outstanding equity securities of ProAct (the “Transaction”). The aggregate purchase price payable under the Agreement is $132 million, payable in cash at closing of the Transaction."
- [law360.com](https://www.law360.com/articles/1055568/evoqua-unit-drops-132m-on-pe-backed-water-treatment-biz), 2018-06-20: "Evoqua Water Technologies Corp. said Wednesday that one of its units has inked a $132 million deal to acquire a water treatment company"
- [dbusiness.com](https://www.dbusiness.com/daily-news/evoqua-water-technologies-corp-in-pennsylvania-to-acquire-ludington-mich-s-proact-services-corp/), 2018-06-21: "Evoqua Water Technologies Corp. ... announced one of its wholly-owned subsidiaries has signed a definitive agreement to acquire ProAct Services Corp. ... for $132 million."
- [hkwinc.com](https://www.hkwinc.com/hkw-announces-sale-of-proact-services-corporation/), 2018-07-27: "HKW is pleased to announce that on July 26, 2018, it closed on the sale of ProAct Services Corporation."
- [bizjournals.com](https://www.bizjournals.com/pittsburgh/news/2018/07/30/evoqua-completes-acquisition-of-michigan-firm.html), 2018-07-30: "Evoqua completes acquisition of Michigan firm"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.