# GC Companies acquires AVANTech

The GC Companies acquired AVANTech, an innovative provider of nuclear water treatment solutions, with $65 million in senior debt financing secured by Candlewood Partners.

- Type: Acquisition
- Announced: 2021-01-13
- Where: United States
- Value: $65.0M
- Status: announced
- Products: nuclear water treatment solutions, wastewater treatment
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [GC Companies](https://endata.com/companies/52514.md) (acquirer)
- [AVANTech](https://endata.com/companies/52515.md) (target)

## Sources

- [candlewoodpartners.com](https://candlewoodpartners.com/the-gc-companies-announcement/), 2021-01-13: "Candlewood Partners is pleased to announce that it served as exclusive investment bank and advisor to The GC Companies in its acquisition of AVANTech, Inc."

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