# CECO Environmental acquires Compass Water Solutions for $12.5M

CECO Environmental Corp. acquired Compass Water Solutions, Inc., a supplier of membrane-based industrial water and wastewater treatment systems, for a total purchase price of $12.5 million. Approximately 70% was paid at closing with the balance over two years. Compass generated about $11 million in revenue in 2021.

- Type: Acquisition
- Announced: 2022-05-10
- Where: Tustin, California, United States
- Value: $12.5M
- Status: completed
- Products: membrane-based industrial water and wastewater treatment systems
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [CECO Environmental](https://endata.com/companies/6852.md) (acquirer)
- [Compass Water Solutions](https://endata.com/companies/62771.md) (target)

## Sources

- [investors.cecoenviro.com](https://investors.cecoenviro.com/news-releases/news-release-details/ceco-environmental-acquires-compass-water-solutions), 2022-05-10: "CECO Environmental Corp. today announced it has acquired Compass Water Solutions, Inc. a leading global supplier of membrane-based industrial water and wastewater treatment systems."
- [prnewswire.com](https://www.prnewswire.com/news-releases/ceco-environmental-acquires-compass-water-solutions-301542866.html), 2022-05-10: "CECO Environmental Corp. today announced it has acquired Compass Water Solutions, Inc."
- [cbinsights.com](https://www.cbinsights.com/company/compass-water-solutions), 2022-05-10: "On May 10th, 2022, Compass Water Solutions was acquired by CECO Environmental."

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