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Deal announced Nov 2014 · North Andover, Massachusetts; Blauvelt, New York Verified

Watts Water Technologies to acquire AERCO International from The Riverside Co. for $264.5M

Watts Water Technologies signed a definitive agreement to acquire AERCO International, a portfolio company of PE firm The Riverside Co., in an all-cash deal valued at $264.5 million, expected to close before year-end 2014.

“Watts Water Technologies Inc. has announced the signing of a definitive agreement to acquire AERCO International Inc., a portfolio entity of The Riverside Co., in an all-cash transaction.”

Entities

The Riverside Company · Sponsor AERCO International · Target Watts Water Technologies · Acquirer
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Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.