M&A · Industrials · Sanitary Services
Parent to acquire Newater Technology, Inc.
Announced Sep 29, 2020 · Closed Jul 13, 2021
Deal value$39MEV $55M
Premium—To unaffected price
EV / Adj. EBITDA7.5x1.5x EV / Revenue
ConsiderationAll cash$3.65 per share
Transaction
- Acquirer
- Parent
- Target
- Newater Technology, Inc. (NEWA)
- Buyer type
- Private equity
- Offer price per share
- $3.65
- Enterprise value
- $55M
- Status
- Closed Jul 13, 2021
Deal protections
Not yet read from the merger agreement.
Advisors
- To the acquirer
- Not disclosed
- To the target
- Not disclosed
Classification
- Sector
- Industrials
- Industry
- Sanitary Services
Timeline
- AnnouncedSep 29, 2020
- ClosedJul 13, 2021