# Pentair to acquire Pleatco for $255M

Pentair plc announced a definitive agreement to acquire Pleatco, a manufacturer of water filtration and clean air technologies for pool, spa and industrial air customers, for approximately $255 million in cash. Pleatco is expected to generate about $95 million in annual revenue in 2021.

- Type: Acquisition
- Announced: 2021-09-15
- Where: United States
- Value: $255.0M
- Status: announced
- Products: water filtration products, air filtration products for pool, spa and industrial customers
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md), [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Pentair](https://endata.com/companies/546.md) (acquirer)
- [Align Capital Partners](https://endata.com/companies/25656.md) (investor)
- [Align Capital Partners](https://endata.com/companies/25656.md) (partner)
- [Pleatco](https://endata.com/companies/25657.md) (target)

## Sources

- [investors.pentair.com](https://investors.pentair.com/news-releases/news-release-details/pentair-announces-definitive-agreement-acquire-pleatco), 2021-09-15: "Total consideration for the transaction is approximately $255 million in cash"
- [businesswire.com](https://www.businesswire.com/news/home/20210915005561/en/Pentair-Announces-Definitive-Agreement-to-Acquire-Pleatco), 2021-09-15: "We are excited to expand our presence in the aftermarket filtration space with an enhanced product offering that advances our objective to offer an effortless pool experience for consumers"
- [businesswire.com](https://www.businesswire.com/news/home/20211018005968/en/Pentair-Completes-Transaction-to-Acquire-Pleatco), 2021-10-18: "We are excited about the addition of Pleatco as it provides additional aftermarket product offerings for both our pool filtration and industrial air filtration portfolios."

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