Baird Capital explores sale of Cleanwater1, a water treatment firm, targeting 15x-17x EBITDA multiple
Type: Sale · Technology: Water Waste · Country: United States · Announced: 2026-05-06
Baird Capital is testing the buyout market for Cleanwater1, a water treatment firm, aiming to secure a 15x to 17x EBITDA multiple at exit. The company reported $40 million in EBITDA for the recent year, positioning it as a high-value asset in the water infrastructure sector. Cleanwater1 operates in the water treatment space, a critical segment of infrastructure with growing demand due to aging municipal systems and regulatory pressures. The sale process is expected to attract interest from private equity firms and strategic buyers seeking stable, cash-flowing assets in essential services. Baird Capital, the private equity arm of Robert W. Baird & Co., is leveraging its portfolio management strategy to maximize returns for investors.
Counterparties
- Cleanwater1 (Seller)
- Baird Capital (Seller)