Align Capital Partners Announces Sale of Pleatco Filtration to Pentair plc
Summary
Headquartered in Louisville, KY, Pleatco is a leading aftermarket-focused manufacturer of highly-engineered clean air and pool and spa water filtration technologies that help protect people, processes and the environment. Pleatco also completed strategic add-on acquisitions, which drove product expansion into industrial air and diversified the Company’s pool and spa filter offerings and capabilities. “The team at Pleatco has worked tirelessly to integrate various operations and systems allowing the Company to evolve into a diversified, yet unified single platform to deliver great service to its customers,” said Mr. Tiley. The Company today is well positioned for continued growth alongside the additional scale and resources that Pentair provides.” Principal Matt Beesley and Associate Vijay Senthilkumar were also key members of ACP’s investment team. Pleatco’s core business model is a great example of the unique types of manufacturing companies that ACP is targeting as new platforms to diversify and grow its current portfolio.