Trivest Partners has agreed to sell Pelican Water Systems to Pentair

Based in DeLand, Florida, Pelican Water Systems (Pelican) is a leading vertically integrated, direct-to-consumer (DTC) platform and leading provider of proprietary point-of-entry and point-of-use water treatment systems sold through DTC, wholesale and online retail channels. Pelican is currently disrupting the water treatment sector through the introduction of its transformative “In-Home DTC” channel that brings the Company’s website and customer experience into the customer’s home via Pelican-branded mobile showrooms. With a history of strong sales growth and exceptional customer satisfaction, Pelican is the #1 salt-free market leader in North America. For more information, please visit www.pelicanwater.com.

“Lincoln was a valued partner throughout the transaction,” Troy Templeton, Managing Partner and deal lead at Trivest Partners (Trivest) commented. “Their extensive experience in both the water filtration and direct-to-consumer sectors proved invaluable as they managed a highly competitive process to a successful conclusion.”

Lincoln acted as an advisor to Trivest and Pelican, working closely with Trivest and the Pelican management team throughout the sale process. This included providing M&A and industry expertise, as well as managing the preparatory, marketing, negotiation and due diligence phases of the transaction.

Akerman LLP acted as legal counsel to Pelican in the transaction.

Trivest Partners has agreed to sell Pelican Water Systems to Pentair
  • 2019
    Close Year
  • Consumer
    Industry
  • PE Backed
    Client Type
  • Domestic
    Transaction Type
  • USA
    Countries

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