Marking its expansion into the East Coast, Economic Alternatives Inc. (EAI Water), a provider of custom-engineered water treatment solutions, has acquired Clearwater Industries, a water treatment company based in Shelton, Connecticut.
Clearwater Industries, founded in 1992 by Alan Bader, has operated in the industrial water treatment sector throughout the Northeastern United States. Clearwater’s commitment to its employees and customers aligns seamlessly with EAI’s mission to deliver top-tier water treatment outcomes to its clients. EAI will integrate Clearwater Industries’ Total Water strategy on the East Coast.
“Choosing partners wisely is key to long-term success in the water treatment industry. We are thrilled to welcome Clearwater Industries into the EAI family,” said Michael Warady, CEO of EAI. “We look forward to building on Clearwater’s outstanding legacy and delivering exceptional value to our clients through integrated, innovative water treatment solutions.”
EAI’s Total Water strategy combines best-in-class industrial water treatment for cooling towers and boilers with comprehensive equipment service offerings, the company said. These include advanced technologies such as reverse osmosis, ultrafiltration, softeners and proprietary chlorine/chlorine dioxide generation systems. By leveraging Clearwater Industries’ established reputation and expertise, EAI aims to enhance its service capabilities and drive innovation in the water treatment industry.
The acquisition is backed by Sylmar Group, whose financial support will enable EAI to build upon the strong culture and operational legacy established by Clearwater Industries’ founders for the next 30+ years, in line with Sylmar’s multi-decade investment approach.
“We are extremely proud of all that we have built at Clearwater Industries over the past 32 years, and I truly believe that is due to our great team,” said Jim Grieder, president of Clearwater. “Joining EAI Water and the Sylmar Group will unlock even more value for our customers as Clearwater continues to grow at a record pace. Michael Warady and his team are water guys first and foremost – part of why we are so excited for the next chapter.”
