Crane Company /
Trillium Flow Technologies' U.S. pumps business
Crane Company agreed to buy the U.S. pumps business of First Reserve-backed Trillium Flow Technologies for approximately $240 million, both sides announced Sept. 14, 2026.
- Price
- approximately $240 million
- Stage
- Agreement signed
- Seller
- Trillium Flow Technologies (First Reserve)
What happened
The carve-out (Floway, Wemco, Roto-Jet, and WSP) primarily serves U.S. municipal water and wastewater markets and expects about $115 million of full-year revenue. Crane frames the price at about 14.6x estimated 2026 adjusted EBITDA. Closing is targeted in the fourth quarter of 2026, subject to customary conditions and regulatory approvals. Jeff Quake is a Managing Partner at First Reserve.
Who bought Trillium Flow Technologies' U.S. pumps business?
Crane Company agreed to acquire Trillium Flow Technologies' U.S. pumps business from Trillium Flow Technologies (First Reserve) for approximately $240 million (Agreement signed, posted 14 Sep 2026).
The source
Estimate
$240m Price
Crane Company agreed to buy the U.S. pumps business of First Reserve-backed Trillium Flow Technologies for approximately $240 million, both sides announced Sept. 14, 2026.
Original filingUnlock with ProTimeline
Dates marked ahead haven’t happened yet.
Announced
Published by the source
Expected close
The same firms, in other posted deals
- Crane Company · buyer · Crane Company / Precision Sensors & InstrumentationBefore this deal
- Crane Company · buyer · Crane Company / Trillium Pumps USAfter this deal
- Trillium Flow Technologies · seller · Crane Company / Trillium Pumps USAfter this deal
- First Reserve · seller · The Riverside Company / Hoover Circular SolutionsAfter this deal
Deal Web
Every firm and person on this deal, and how they connect. Open any name to see their other deals.
Agreement signed · Crane Company agreed to acquire Trillium Flow Technologies' U.S. pumps business from Trillium Flow Technologies (First Reserve) (Agreement signed, posted 14 Sep 2026).
Announced 14 Sep 2026- Announced
- Posted on @carrywatch
- Expected close
Deal Web as a list
- Crane Company (Buyer) agreed to acquire this deal. Crane Company: 3 deals on Carrywatch.
- Trillium Flow Technologies' U.S. pumps business (Target) target this deal. Trillium Flow Technologies' U.S. pumps business: 1 deal on Carrywatch.
- Trillium Flow Technologies (Seller) selling this deal. Trillium Flow Technologies: 2 deals on Carrywatch.
- First Reserve (Backer of the seller) backed this deal. First Reserve: 2 deals on Carrywatch.
- Jeff Quake (Managing Partner, First Reserve) named in post this deal. Jeff Quake: named in 1 post on Carrywatch.
Jeff Quake
Managing Partner, First Reserve
By email · Weekly