Baird Capital exits Cleanwater1 in sale to Veralto
Wednesday, August 19, 2026 · first reported by PE Hub and 1 other
Baird Capital exits Cleanwater1 portfolio company to Veralto for $465M (~17x trailing adjusted EBITDA); Cleanwater1 provides water treatment systems with $135M trailing revenue. Baird held asset since June 2022 and completed four add-on acquisitions.
- Firm
- Baird Capital
- Also named
- Cleanwater1, Veralto
- Deal value
- $465M
- Asset class
- Private equity
- Geography
- North America
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
Coverage
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