Evoqua Water Technologies’ $407 Million Common Stock Offering

Fried Frank acted as counsel to Evoqua Water Technologies Corp. and certain institutional selling stockholders in the offering.

The transaction consisted in a secondary offering of an aggregate of 16,382,793 shares of Evoqua’s common stock by the selling stockholders, which resulted in gross proceeds of approximately US$407.1 million. Evoqua did not receive any proceeds from the offering. Evoqua’s sponsor is AEA Investors LP, which participated in the offering as a selling stockholder.

Evoqua Water Technologies is one of the largest providers of mission critical water treatment solutions in North America, with leading positions in the industrial, commercial, and municipal water treatment markets. This deal represented the selling stockholders’ exit from Evoqua.

The Fried Frank team was led by corporate partners Andrew B. Barkan (Picture) and Meredith L. Mackey and included executive compensation & ERISA partner Amy L. Blackman, tax partner Eli Weiss, corporate associate Charles Stern, and executive compensation & ERISA associate Samantha Steinfeld Rozell.

Involved fees earner: Andrew Barkan – Fried Frank Harris Shriver & Jacobson; Amy Blackman – Fried Frank Harris Shriver & Jacobson; Meredith Mackey – Fried Frank Harris Shriver & Jacobson; Samantha Steinfeld Rozell – Fried Frank Harris Shriver & Jacobson; Charles Stern – Fried Frank Harris Shriver & Jacobson; Eli Weiss – Fried Frank Harris Shriver & Jacobson;

Law Firms: Fried Frank Harris Shriver & Jacobson;

Clients: Evoqua Water Technologies;

Martina Bellini

Author: Martina Bellini