Newterra Group Ltd.

Newterra Group Ltd. in its acquisition by Frontenac

Client

Newterra Group Ltd.

Value

-

Service

Mergers and Acquisitions

Date Closed

November 2020

Lead Office

Toronto

 

On November 2, 2020, Frontenac announced it has acquired Newterra Group Ltd. from its current shareholders including XPV Water Partners and Angeleno Group LLC. The acquisition will allow Newterra to continue its plans for both organic and inorganic expansion. The transaction will also aid in the execution of Newterra’s strategic plan to be a force in the decentralized water treatment market and allows Frontenac to enter the global modular water treatment market.

Newterra Group Ltd. is a global leader in the design, engineering, manufacturing and servicing of modular treatment solutions for water, wastewater, stormwater and groundwater. Newterra Group Ltd. specializes in offering clients across a wide range of industries, solutions for their water and wastewater challenges.

Frontenac is a Chicago based private equity firm focused on investments in lower middle market buyout transactions in the consumer, industrial and services industries.

Osler, Hoskin & Harcourt LLP advised Newterra Group Ltd. with a team consisting of Brian Gray, Jillian Mulroy, Sahil Chopra (Corporate), Colena Der, Jennifer Lee, Andrew Granek and Alina Khakhuda (Taxation).