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.
Meet our Senior Team
I have a hands-on approach and bring energy, creativity and passion to every client transaction.
View More Transactions
Lincoln International advised Proclinic Group, a portfolio company of Miura Partners, on the acquisition of Meditrans
Lincoln International advised Frazier Lifesciences Acquisition Corporation on merger with NewAmsterdam Pharma Holding
Lincoln International advised Müller Transporte on its agreement to sell 70% to Cube Infrastructure Managers
Lincoln International advised Pfingsten Partners on the sale of Full Spectrum Group to CBRE Group
Lincoln International advised Sentinel Capital Partners on the sale of Nekoosa to Appvion, a portfolio company of Wynnchurch Capital
Lincoln International advised Rarebreed, a portfolio company of Trilantic Capital Partners and Halle Capital Management, on receiving significant investment from Revelstoke Capital Partners
Lincoln International advised Palisade Software, a portfolio company of Thompson Street Capital Partners, on the sale of TA Associates and combined with Lumivero
Any information or testimonials contained in this post may not be representative of the experience of other clients and is no guarantee of future performance or success.