Transaction Overview

Janney Montgomery Scott served as advisor to KLa Systems, Inc. (KLa), a proprietary provider of jet aeration and jet mixing systems, in its deal to be acquired by Integrated Water Services, Inc. (IWS), a leading provider of water and wastewater treatment solutions.

KLa has gained recognition for its groundbreaking mixing and aeration technologies tailored for biological wastewater treatment processes. This strategic union underscores IWS's steadfast commitment to delivering unparalleled products and services to its customers, and to create a national provider of turn-key water and wastewater treatment solutions to a diverse range of customers in under-served markets across the U.S.

About KLa Systems, Inc.

Since 2001, KLa has been dedicated to enhancing the cleanliness of global waterways. With a focus on innovative jet aeration and jet mixing systems, KLa has built a reputation as a leader in the industry. Their experienced team has successfully completed over 1,700 projects across thirty-eight countries, catering to industrial facilities, water utilities, and municipalities.

About Integrated Water Services, Inc.

IWS is the leading, turn-key provider of water, wastewater, and recycle/reuse systems to municipal, residential, and industrial customers. Leveraging our expertise in design, construction, treatment technology and services, IWS is dedicated to partnering with our customers to solve their water issues in a seamless, cost-effective manner.

About Sciens Water Opportunities Management, LLC

Sciens Water, the majority shareholder of IWS, is an affiliate of Sciens Capital Management, LLC, an alternative asset management firm founded in 1994. With headquarters in New York and offices in London and Guernsey, Sciens launched the Sciens Water Opportunities Fund in 2018 to invest in the U.S. water sector. Sciens' approach is to identify the biggest challenges facing the U.S. water and wastewater industry today and solve them through the formation and development of platform companies that seek to meet these challenges on a national scale with a high level of purpose and impact on health, the environment, and local economies. Sciens owns platform companies in several water sub-sectors, including utilities, treatment, storage, financing, and digital infrastructure.