December 20, 2019 – EnviroAqua, LLC, an innovative industrial water treatment company based in the Los Angeles area has been acquired by Chem-Aqua, Inc. (“ChemAqua”), a global leader in custom-designed water treatment based in Irving, Texas. Clear Capital Advisors (“Clear Capital”) served as the exclusive financial advisor to EnviroAqua.
EnviroAqua is a regional leader servicing Fortune 500 companies with complex needs and has extensive expertise in the biotech, healthcare and oil & gas sectors. Bruce Pompan, Founder and Managing Partner of Clear Capital, commented, “EnviroAqua will benefit from the extensive resources and national footprint of ChemAqua. This combination enables EnviroAqua to expand its presence in the California market and realize efficiencies in its delivery of services.”
Tony Moradian, founder and CEO of EnviroAqua, commented, “Clear Capital Advisors ran a very professional, targeted process, and delivered an outstanding outcome.” He added “I was impressed with their understanding of our business, and support they provided throughout the transaction.”
EnviroAqua is an innovative water treatment company that provides reliable and professional services to Fortune 500 biotech companies, healthcare service providers, and other commercial and public sector customers primarily in California. Since its founding in 1997, the Company has provided water treatment services that include a complete series of advanced chemical and equipment solutions for every stage of its customers’ water operation. For more information, visit www.enviroaqua.com.
ChemAqua is a global leader in custom-designed water treatment programs for boiler, cooling, and process water systems. The Company provides solutions for water treatment problems while improving water system efficiencies. Offering a comprehensive program of products, equipment, and services that address the unique mechanical, operational, chemical, and people requirements of each system. For more information, visit www.chemaqua.com/en-us/.
About Clear Capital Advisors
Clear Capital Advisors is a premier independent investment advisory firm focused on providing mergers and acquisitions advisory and capital raising services to select technology, digital media, technology enabled services and other business services companies. Securities offered through Fallbrook Capital Securities Corp., Member FINRA – SIPC. For more information, visit www.ClearCapitalAdvisors.com.