Integrated Water Services Announces Acquisition of Advanced Equipment and Services
The acquisition adds reverse osmosis and desalination to IWS's growing portfolio of process water, water treatment, wastewater, reuse, filtration, and lifecycle capabilities. AESINC's modular and containerized solutions complement IWS's focus on productized systems that can be deployed efficiently and scaled as customer needs evolve.
IWS is owned by Sciens Water, a prominent investor in the
"We are pleased to welcome AESINC to IWS and the broader Sciens Water platform," said
Founded in 2009, AESINC designs, engineers, and assembles reverse osmosis systems for seawater desalination, brackish water treatment, and high-purity water applications. Its portfolio includes standard and custom systems, skid-mounted and containerized configurations, pretreatment and post-treatment technologies, automation and controls, remote monitoring, spare parts, and commissioning support. AESINC serves municipal, industrial, commercial, and hospitality customers across
"AESINC brings an important new capability to IWS; practical, modular reverse osmosis and desalination systems that help customers address water supply and water-quality challenges," said
AESINC will continue to serve customers from its
"We built AESINC around listening to customers and delivering reliable systems that are straightforward to deploy, operate, and maintain," said
The combined organization will pursue opportunities to bring AESINC's reverse osmosis solutions to IWS customers and introduce IWS's wastewater, filtration, reuse, and aftermarket capabilities to AESINC's markets. The acquisition also strengthens IWS's presence in the
The transaction closed on
About Integrated Water Services, Inc.
www.integratedwaterservices.com
Integrated Water Services, Inc. is a provider of modular, scalable process water and wastewater solutions for municipal, commercial, and industrial customers. By combining expertise in design, treatment technology, filtration, automation, and lifecycle services, IWS delivers integrated solutions across the water infrastructure lifecycle. The company is headquartered in
About Advanced Equipment and Services, Inc.
Founded in 2009 and headquartered in Houston, Texas, Advanced Equipment and Services, Inc. designs, engineers, and assembles reverse osmosis and water purification systems for municipal, industrial, commercial, and hospitality customers. Its portfolio includes seawater and brackish water systems, modular containerized solutions, controls, remote monitoring, spare parts, and customer support.
About Sciens Water Opportunities Management, LLC
Sciens Water, the fund manager of the majority shareholders of IWS, is an affiliate of Sciens Capital Management, LLC, an alternative asset management firm founded in 1994. With headquarters in New York and an office in London, Sciens launched the Sciens Water Opportunities Fund in 2018 to invest in the U.S. water sector. Sciens' approach is to identify the biggest challenges facing the U.S. water and wastewater industry today and solve them through the formation and development of platform companies that seek to meet these challenges on a national scale with a high level of purpose and impact on health, the environment, and local economies. Sciens has invested in platform companies in several water sub-sectors, including utilities, treatment, storage, financing, and digital infrastructure.
Media Contact
Jamie English
Integrated Water Services, Inc.
[email protected]
View original content to download multimedia:https://www.prnewswire.com/news-releases/integrated-water-services-announces-acquisition-of-advanced-equipment-and-services-302847278.html
SOURCE Integrated Water Services, Inc.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Justice Department halts antitrust cooperation with Canada - report
- KB HOME OPENS SANDSTONE, A NEW MASTER-PLANNED COMMUNITY OF OVER 1,500 HOMES IN A PRIME NORTH LAS VEGAS LOCATION
- Potomac Edison Proposes Rate Adjustment to Support Electric System Reliability
Create E-mail Alert Related Categories
PRNewswire, Press ReleasesRelated Entities
Definitive AgreementSign 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