Clearwater advises Evolution Aqua on its £12m investment from BGF

Transaction

Evolution Aqua on its minority investment from BGF

Sell-side

Undisclosed

Rôle

Adviser to Evolution Aqua on its €14m investment from BGF

Secteur

Industrie et chimie

Région

Royaume-Uni

Clearwater has advised Evolution Aqua, a multi award-winning manufacturer on its £12m (€14m) investment from BGF.

Wigan-headquartered Evolution Aqua is a designer, manufacturer and supplier of a wide range of water filtration products and associated equipment, primarily focused on the aquatics industry for both indoor and outdoor fish care.

The funding will allow the business to capitalise on ambitious growth opportunities in core markets and drive international expansion. The significant minority investment will also enable the existing management team, led by CEO and founder, Nick Jackson, to expand on application of Evolution Aqua’s market leading water filtration technology into other vertical markets, including swimming pools and the rapidly growing aquaculture space.

Over the past 20 years, Evolution Aqua has been at the forefront of water filtration technology, continuously developing products for our wide range of users, all of which rely on our products to maintain high water qualities. We are now in a position to rapidly build on the platform we have created, which will include launching exciting new products and expanding our international presence. We chose Clearwater to support us in this transaction because they were highly recommended to work with. The team at Clearwater were committed to achieving a great result for us and have found an excellent investment partner with BGF. The funding will allow us to capitalise on ambitious growth opportunities in core markets and drive further international expansion.
Nick Jackson, CEO and Founder, Evolution Aqua

Nick and the team at Evolution Aqua have built a phenomenal business with a highly sought-after global customer base within the Aquatics market. The group is now primed for further growth with a market leading product suite and an exciting range of new products in the pipeline. In BGF, the team has secured a great partner to support them on the next phase of the growth journey. We wish them every success in the future and look forward to supporting them along the way.
Zack Goddard, Director, Clearwater

Evolution Aqua is a market leader in the outdoor pond and water filtration space, particularly at the upper end of the market. With an excellent reputation for quality and reliability, coupled with an extensive and growing product range and significant sector potential, there’s a real opportunity for Nick and the team to maximise their growth ambitions and take their award-winning filtration technology into untapped markets. We’re delighted to be supporting Evolution Aqua on this exciting journey, as they aim to capitalise on the potential that lies ahead.
Neil Inskip, Head of BGF in the North West