# Frontenac acquires Newterra Group, a global modular water treatment company

Frontenac Company acquired Newterra Group Ltd., a global modular water treatment company, from shareholders including XPV Water Partners and Angeleno Group. Financial terms were not disclosed. President & CEO Tom Vossman and the executive team will continue in their roles.

- Type: Acquisition
- Announced: 2020-11-02
- Where: Brockville, Ontario, Canada
- Status: completed
- Products: modular water treatment solutions, wastewater treatment, stormwater treatment, groundwater treatment
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Frontenac](https://endata.com/companies/7572.md) (acquirer)
- [XPV Water Partners](https://endata.com/companies/9732.md) (investor)
- [Newterra](https://endata.com/companies/13618.md) (target)
- [Angeleno Group](https://endata.com/companies/50895.md) (investor)

## Sources

- [wateronline.com](https://www.wateronline.com/doc/frontenac-enters-the-global-modular-water-treatment-market-with-the-acquisition-of-newterra-group-0001), 2020-11-02: "With Frontenac as our new partner, we are excited to continue our expansion plans, both organic and inorganic, as we execute on our strategic plan to be a major force in the growing decentralized water treatment market around the world."
- [xpvwaterpartners.com](https://xpvwaterpartners.com/insights/news/2020/11/02/frontenac-enters-the-global-modular-water-treatment-market-with-the-acquisition-of-newterra-group), 2020-11-02: "Frontenac Company ('Frontenac') announced today that it has acquired Newterra Group Ltd. ('Newterra' or the 'Company'), a Global Modular Water Treatment Company, from its current shareholders including institutional investors XPV Water Partners and Angeleno Group, LLC."
- [privateequityinternational.com](https://www.privateequityinternational.com/frontenac-buys-newterra/), 2020-11-03: "With Frontenac as our new partner, we are excited to continue our expansion plans, both organic and inorganic"

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