◂ Announcements

Oct 12, 2020ACQUISITIONCosta Mesa, California, United States

Helios Technologies to acquire Balboa Water Group for $218.5M

Helios Technologies entered a definitive agreement to acquire BWG Holdings I Corp. (operating as Balboa Water Group) for $218.5 million from AEA Investors LP, expected to close in Q4 2020.

Value

$218.5M

Status

Announced

Productselectronic controls for health and wellness industrytherapy bath and spa controls

CompaniesAEA Investors investor Helios Technologies acquirer Balboa Water Group target

Sectors#Automation and Robotics #Electrical Equipment

“With this acquisition, we are further advancing our Vision 2025 strategy by executing on the value streams focused on product and technology expansion and market diversification.”heliostechnologies.com

1 source
heliostechnologies.comHelios Technologies Signs Definitive Agreement to Acquire Balboa Water Group :: Helios Technologies (HLIO)Oct 12, 2020

Summarized from public sources; check the original articles before acting on it.

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