American Water Treatment, Inc. a leading provider of water treatment equipment, chemicals, consultation, and preventative maintenance services for a wide variety of end market applications, announced that it has been acquired by Water Engineering. American Water was founded by the Wilson family and has been family-owned and operated since 1950. Headquartered in St. Louis, Missouri and servicing four adjacent states (Indiana, Ohio, Kansas, Oklahoma), American Water will join the Water Engineering platform and compliment an expanded footprint in water treatment solutions across 24 states.
David Wagenfuhr, the CEO of Water Engineering, will work with the WEI team to integrate American Water into the platform while maintaining its legacy brand and building on its strong local reputation. There is a shared commitment to maintaining the existing team and operations across the portfolio of WEI companies, which succeed because of their service-first focus.
"We are excited with the opportunity to acquire American Water," said David Wagenfuhr, CEO of Water Engineering. "Erik Wilson and his family have built an impressive business focused on providing quality customer service, which we are privileged to build upon. Our goal is to acquire strategic partners who share our customer-focused philosophy. We look forward to working with the American Water employees to grow the business by expanding on the strong business model Erik and his family have created while providing them with incremental resources as part of the WEI platform. This acquisition also continues to reaffirm our exciting consolidation strategy, and I am thrilled that we have found in Nolan Capital a partner that shares our vision for growth while also maintaining our operational emphasis on providing best-in-class service and solutions."