View all news

Evoqua Water Technologies Announces Pricing of Initial Public Offering


PITTSBURGH--(BUSINESS WIRE)--Evoqua Water Technologies Corp. (“Evoqua Water Technologies” or the “Company”) today announced the pricing of its initial public offering of 27,777,777 shares of its common stock at a public offering price of $18.00 per share. Of those shares, the Company is selling 8,333,333 shares and certain stockholders of the Company are selling 19,444,444 shares. The selling stockholders have also granted the underwriters a 30-day option to purchase up to an additional 4,166,666 shares. The Company will not receive any proceeds from the sale of shares by the selling stockholders, including from any exercise by the underwriters of their option to purchase additional shares.

Shares of the Company’s common stock are expected to begin trading on November 2, 2017 on the New York Stock Exchange under the symbol “AQUA.” The offering is expected to close on November 6, 2017, subject to the satisfaction of customary closing conditions.

Credit Suisse, J.P. Morgan and RBC Capital Markets are acting as joint lead book-running managers in the offering. Citigroup and Goldman Sachs & Co. LLC are also acting as joint book-running managers in the offering. Morgan Stanley, Baird, Raymond James, Stifel and Wells Fargo Securities are acting as co-managers in the offering.

The offering of these securities is being made only by means of a prospectus. Copies of the final prospectus may be obtained, when available, from: Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, New York, 10010, or by telephone at +1 (800) 221-1037, or by email at, or J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or via telephone: 1-866-803-9204 or RBC Capital Markets, LLC, Attention: Equity Syndicate, 200 Vesey Street, 8th Floor, New York, New York, 10281, or by telephone at 1-877-822-4089, or by email at

A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on November 1, 2017. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Evoqua Water Technologies

Evoqua Water Technologies is a leading provider of mission critical water treatment solutions, offering services, systems and technologies to support its customers’ full water lifecycle needs. Evoqua Water Technologies has worked to protect water, the environment and its employees for over 100 years, earning a reputation for quality, safety and reliability around the world. Headquartered in Pittsburgh, Pennsylvania, Evoqua Water Technologies operates 160 locations in eight countries and, with over 200,000 installations and 87 service branches, holds leading positions in the North American industrial, commercial and municipal water treatment markets.


Kevin G. Lowery
Office: 724-772-1527
Mobile: 724-719-1475
Dan Brailer
Office: 724-720-1605
Mobile: 412-977-2605

Multimedia Files:

Categories: Press Releases
View all news