Pentair completes $290 million Hydra-Stop acquisition
Get Alerts PNR Hot Sheet
Join SI Premium – FREE
Pentair plc (NYSE: PNR) completed its acquisition of Hydra-Stop LLC from Madison Industries for approximately $290 million, subject to customary adjustments, the company announced. The net transaction value is approximately $240 million when adjusted for expected tax benefits of $50 million.
Hydra-Stop provides specialty insertion valves, line stop fittings and installation equipment to water utility service providers and municipalities across the United States. The acquired company is expected to generate approximately $50 million in revenue in 2025 with an expected return on sales of approximately 30%.
"We are excited to welcome Hydra-Stop employees to Pentair as we believe their innovative water control solutions and powerful mission are uniquely aligned with our efforts to help the world sustainably move water," said De'Mon Wiggins, Executive Vice President and President, Pentair Flow.
Hydra-Stop will operate within the Commercial and Infrastructure business unit of Pentair Flow's business segment and will continue serving customers from its current Burr Ridge, Illinois location.
Pentair reported revenue of approximately $4.1 billion in 2024 and employs approximately 9,750 people globally, serving customers in more than 150 countries. The company operates as a water solutions provider across residential, commercial and industrial segments.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Sky Harbour adds $10M via share sale to M-Cor Capital
- Azitra regains NYSE American listing compliance
- Arbutus plans $230M share repurchase via Dutch auction tender offer
Create E-mail Alert Related Categories
Corporate News, Mergers and AcquisitionsRelated Entities
Earnings, Definitive Agreement, Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share