Evoqua Water Technologies, which provides water treatment systems and services, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering. However, the deal size is likely a placeholder. The company officially filed as EWT Holdings I Corp., but will be renamed.
The Pittsburgh, PA-based company was founded in 2013 and booked $1.2 billion in sales for the 12 months ended June 30, 2017. It plans to list under the symbol AQUA. Evoqua filed confidentially on July 18, 2017. Credit Suisse and J.P. Morgan are the joint bookrunners on the deal. No pricing terms were disclosed.
