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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.
Frontenac Company acquired Newterra Group Ltd., a global leader in modular water treatment solutions. Norwest Mezzanine Partners (NMP) provided subordinated debt and equity to support the acquisition.