Ingersoll Rand Continues Momentum on Inorganic Growth in 2025
Ingersoll Rand (NYSE: IR) has acquired SSI Aeration and its subsidiaries, a global leader in wastewater treatment plant equipment with approximately $30 million in annual revenue. The acquisition was completed at a purchase multiple of approximately 10x 2024E Adjusted EBITDA.
SSI specializes in designing and manufacturing innovative wastewater treatment equipment, including fine bubble diffusers, coarse bubble diffusers, and aeration systems. With manufacturing facilities in the United States, South Korea, and India, SSI will be integrated into Ingersoll Rand's Industrial Technologies and Services segment (IT&S).
The strategic acquisition aims to enhance Ingersoll Rand's capabilities in the wastewater treatment sector by combining their low pressure compressors with SSI's aeration offerings to provide comprehensive end-to-end solutions. This move is expected to accelerate topline growth through increased access to municipal markets.
Ingersoll Rand (NYSE: IR) ha acquisito SSI Aeration e le sue filiali, un leader globale nella fornitura di attrezzature per impianti di trattamento delle acque reflue con un fatturato annuo di circa 30 milioni di dollari. L'acquisizione è stata completata a un multiplo di acquisto di circa 10x EBITDA rettificato 2024E.
SSI si specializza nella progettazione e produzione di attrezzature innovative per il trattamento delle acque reflue, tra cui diffusori a bolle fini, diffusori a bolle grosse e sistemi di aerazione. Con stabilimenti di produzione negli Stati Uniti, in Corea del Sud e in India, SSI sarà integrata nel segmento Tecnologie e Servizi Industriali (IT&S) di Ingersoll Rand.
L'acquisizione strategica mira a potenziare le capacità di Ingersoll Rand nel settore del trattamento delle acque reflue combinando i loro compressori a bassa pressione con le offerte di aerazione di SSI per fornire soluzioni complete end-to-end. Si prevede che questa mossa accelererà la crescita del fatturato attraverso un maggiore accesso ai mercati municipali.
Ingersoll Rand (NYSE: IR) ha adquirido SSI Aeration y sus filiales, un líder global en equipos para plantas de tratamiento de aguas residuales con aproximadamente 30 millones de dólares en ingresos anuales. La adquisición se completó a un múltiplo de compra de aproximadamente 10x EBITDA ajustado 2024E.
SSI se especializa en el diseño y la fabricación de equipos innovadores para el tratamiento de aguas residuales, incluyendo difusores de burbujas finas, difusores de burbujas gruesas y sistemas de aeración. Con instalaciones de fabricación en Estados Unidos, Corea del Sur e India, SSI se integrará en el segmento de Tecnologías y Servicios Industriales (IT&S) de Ingersoll Rand.
La adquisición estratégica tiene como objetivo mejorar las capacidades de Ingersoll Rand en el sector de tratamiento de aguas residuales combinando sus compresores de baja presión con las ofertas de aeración de SSI para proporcionar soluciones integrales. Se espera que este movimiento acelere el crecimiento de los ingresos a través de un mayor acceso a los mercados municipales.
인거솔 랜드 (NYSE: IR)는 연간 약 3천만 달러의 매출을 올리는 폐수 처리 장비의 글로벌 리더 SSI 에어레이션과 그 자회사를 인수했습니다. 인수는 약 2024년 조정된 EBITDA의 10배 매수 배수로 완료되었습니다.
SSI는 미세 기포 분산기, 거친 기포 분산기 및 공기 주입 시스템을 포함하여 혁신적인 폐수 처리 장비의 설계 및 제조를 전문으로 하고 있습니다. SSI는 미국, 한국 및 인도에 제조 시설을 두고 있으며, 인거솔 랜드의 산업 기술 및 서비스(IT&S) 부문에 통합될 것입니다.
이 전략적 인수는 인거솔 랜드의 폐수 처리 분야의 역량을 강화하고, 저압 압축기와 SSI의 공기 주입 제품을 결합하여 포괄적인 솔루션을 제공하는 것을 목표로 합니다. 이는 지방 정부 시장에 대한 접근을 증가시켜 매출 성장을 가속화할 것으로 기대됩니다.
Ingersoll Rand (NYSE: IR) a acquis SSI Aeration et ses filiales, un leader mondial dans la fourniture d'équipements pour les stations de traitement des eaux usées, générant environ 30 millions de dollars de revenus annuels. L'acquisition a été réalisée à un multiple de prix d'environ 10x EBITDA ajusté 2024E.
SSI est spécialisée dans la conception et la fabrication d'équipements innovants pour le traitement des eaux usées, y compris des diffuseurs à bulles fines, des diffuseurs à bulles grossières et des systèmes d'aération. Avec des installations de fabrication aux États-Unis, en Corée du Sud et en Inde, SSI sera intégrée dans le segment Technologies et Services Industriels (IT&S) d'Ingersoll Rand.
L'acquisition stratégique vise à renforcer les capacités d'Ingersoll Rand dans le secteur du traitement des eaux usées en combinant leurs compresseurs basse pression avec les offres d'aération de SSI pour fournir des solutions complètes de bout en bout. Ce mouvement devrait accélérer la croissance du chiffre d'affaires grâce à un meilleur accès aux marchés municipaux.
Ingersoll Rand (NYSE: IR) hat SSI Aeration und deren Tochtergesellschaften übernommen, einen globalen Marktführer im Bereich von Ausrüstungen für Abwasserbehandlungsanlagen mit einem jährlichen Umsatz von ca. 30 Millionen US-Dollar. Die Übernahme wurde zu einem Kaufmultiplikator von ca. 10x 2024E bereinigtem EBITDA abgeschlossen.
SSI ist auf das Design und die Herstellung innovativer Abwasserbehandlungsanlagen spezialisiert, darunter feine Blasendiffusoren, grobe Blasendiffusoren und Belüftungssysteme. Mit Produktionsstätten in den USA, Südkorea und Indien wird SSI in Ingersoll Rands Geschäftsbereich industrielle Technologien und Dienstleistungen (IT&S) integriert.
Die strategische Übernahme zielt darauf ab, die Fähigkeiten von Ingersoll Rand im Bereich der Abwasserbehandlung zu stärken, indem die Niederdruckkompressoren des Unternehmens mit den Belüftungsangeboten von SSI kombiniert werden, um umfassende End-to-End-Lösungen bereitzustellen. Dieser Schritt wird voraussichtlich das Umsatzwachstum durch einen verbesserten Zugang zu kommunalen Märkten beschleunigen.
- Acquisition expands presence in high-growth wastewater treatment market
- Adds $30 million in annual revenue
- Geographic expansion with manufacturing facilities in US, South Korea, and India
- Enables comprehensive end-to-end solutions through technology integration
- Provides access to municipal markets
- 10x EBITDA multiple might be considered relatively high for the sector
Insights
The acquisition of SSI Aeration marks a strategically sound move for Ingersoll Rand, targeting the high-growth wastewater treatment sector. The 10x 2024E Adjusted EBITDA multiple appears favorable compared to industrial technology sector averages, which typically range from 12-15x, suggesting potential value creation. SSI's
The deal's structure reveals three key strategic advantages: First, the integration of SSI's membrane diffuser technology with IR's existing low-pressure compressor portfolio creates a comprehensive solution set, potentially driving higher margins through bundled offerings. Second, SSI's manufacturing presence across the US, South Korea and India provides IR with enhanced supply chain flexibility and regional market access. Third, the focus on energy-efficient solutions aligns perfectly with growing ESG-driven demand in the water treatment sector, which is projected to grow at
The acquisition particularly strengthens IR's position in the municipal wastewater treatment market, where long-term contracts and stable revenue streams are common. The combination of technologies could lead to meaningful revenue synergies through cross-selling opportunities and integrated solution offerings. This strategic expansion in sustainable technologies also enhances IR's competitive positioning in the growing environmental solutions market.
This acquisition represents a significant technological advancement for IR in the wastewater treatment sector. SSI's fine bubble diffuser technology is particularly noteworthy as it typically achieves
The integration of SSI's membrane diffuser technology with IR's compressor systems creates a vertically integrated solution that addresses two critical industry challenges: energy consumption and treatment efficiency. This is particularly relevant as wastewater treatment facilities typically account for
The global push for water conservation and stricter environmental regulations creates a compelling growth narrative. The combined technology portfolio positions IR to capture a larger share of the global wastewater treatment equipment market, particularly in regions facing water stress and stringent environmental regulations. The presence of manufacturing facilities in strategic locations like India, where water treatment infrastructure development is accelerating, provides a strong competitive advantage for market penetration.
- Acquisition extends company’s capabilities in wastewater treatment, a key high-growth, sustainable end market
- Enables Ingersoll Rand to provide more comprehensive wastewater treatment solutions, allowing for greater energy efficiency and increased productivity for customers
- Creates opportunities to accelerate topline growth through access to municipal markets
- Attractive purchase multiple of approximately 10x 2024E Adjusted EBITDA
DAVIDSON, N.C., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Ingersoll Rand Inc., (NYSE: IR) a global provider of mission-critical flow creation and life science and industrial solutions, has acquired SSI Aeration, Inc. and its subsidiaries (collectively “SSI”) to extend its capabilities in wastewater treatment.
SSI is a global leader in the design and manufacturing of wastewater treatment plant equipment with approximately
“Inorganic growth remains a key part of our company’s overall growth strategy in 2025,” said Vicente Reynal, chairman and chief executive officer of Ingersoll Rand. “We look at potential acquisitions through the lens of how they will help us optimize our solutions, and we look forward to growing our presence in the wastewater treatment market with the addition of SSI.”
About Ingersoll Rand Inc.
Ingersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to Making Life Better for our employees, customers, shareholders, and planet. Customers lean on us for exceptional performance and durability in mission-critical flow creation and life science and industrial solutions. Supported by over 80+ respected brands, our products and services excel in the most complex and harsh conditions. Our employees develop customers for life through their daily commitment to expertise, productivity, and efficiency. For more information, visit www.IRCO.com.
Forward-Looking Statements
This news release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to Ingersoll Rand Inc.’s (the “Company” or “Ingersoll Rand”) expectations regarding the performance of its business, its financial results, its liquidity and capital resources and other non-historical statements. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “forecast,” “outlook,” “target,” “endeavor,” “seek,” “predict,” “intend,” “strategy,” “plan,” “may,” “could,” “should,” “will,” “would,” “will be,” “on track to” “will continue,” “will likely result,” “guidance” or the negative thereof or variations thereon or similar terminology generally intended to identify forward-looking statements. All statements other than historical facts are forward-looking statements.
These forward-looking statements are based on Ingersoll Rand’s current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from these current expectations. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. The inclusion of such statements should not be regarded as a representation that such plans, estimates or expectations will be achieved. Important factors that could cause actual results to differ materially from such plans, estimates or expectations include, among others, (1) adverse impact on our operations and financial performance due to natural disaster, catastrophe, global pandemics (including COVID-19), geopolitical tensions, cyber events or other events outside of our control; (2) unexpected costs, charges or expenses resulting from completed and proposed business combinations; (3) uncertainty of the expected financial performance of the Company; (4) failure to realize the anticipated benefits of completed and proposed business combinations; (5) the ability of the Company to implement its business strategy; (6) difficulties and delays in achieving revenue and cost synergies; (7) inability of the Company to retain and hire key personnel; (8) evolving legal, regulatory and tax regimes; (9) changes in general economic and/or industry specific conditions; (10) actions by third parties, including government agencies; and (11) other risk factors detailed in Ingersoll Rand’s most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”), as such factors may be updated from time to time in its periodic filings with the SEC, which are available on the SEC’s website at http://www.sec.gov. The foregoing list of important factors is not exclusive.
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