HOOKSETT, N.H. - eTradeWire -- Calder Capital is thrilled to announce the successful acquisition of Apollos Water of Battle Ground, Indiana, by ENCON Evaporators of Hooksett, New Hampshire.

Founded in 1993, ENCON Evaporators designs, manufactures, and distributes wastewater minimization equipment exclusively, with thousands of systems installed globally. Mike Fregeau, President of ENCON Evaporators, engaged Calder Capital's Buy-Side team to avoid market competition and increase deal flow.

Founded to deliver comprehensive downstream by-product and wastewater management solutions, Apollos Water has built a strong reputation serving manufacturers across a wide range of industries. The Company provides recycling and onsite services, oil and coolant filtration, transportation and disposal of waste, evaporation technology, waste-to-energy and fuel blending, waste and process water treatment, as well as cleanup and industrial services. After Calder contacted Brooks and Kristi Snyder, and a discussion between the parties, ENCON and Apollos grew excited about the opportunity. And the strategic alignment between the two organizations became more and more apparent as discussions continued.

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Sam Scharich of Calder served as the Lead Mergers & Acquisitions Advisor to ENCON Evaporators. Serving as Lead Director was Hannah Nabhan, and serving as Lead Associate was Logan Theodorou.

Calder's Buy-Side team generated 36 off-market seller introductions, leading to 20 client pursuits, four offers on unique businesses, and resulting in the successful acquisition of Apollos Water. The process moved from LOI to close in approximately three months.

Scharich shared, "Mike and Norm from ENCON were easy to work with and are sharp guys. The sellers, Brooks and Kristi Snyder, were easygoing, reasonable, and adaptable, which was crucial in getting the deal done. Also, I would like to thank my team, Hannah and Logan, for getting the job done with me."

Max Friar, Managing Partner of Calder, added, "Given the regulatory requirements and mission-critical nature of environmental services and wastewater treatment businesses, these companies continue to attract strong strategic and investor interest. Our buy-side team was proud to guide ENCON Evaporators through every stage of the acquisition process, from sourcing to close, and we look forward to supporting their continued growth in the environmental services sector."

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Calder Capital served as the Exclusive Buy-Side Mergers and Acquisitions Advisor to ENCON Evaporators.

To learn more about ENCON Evaporators, please visit www.Evaporator.com.

To learn more about Apollos Water, please visit www.ApollosWater.com.

About Calder Capital:
Founded in 2013, Calder Capital is a cross-industry mergers and acquisitions advisory firm with offices across the United States. Calder provides valuation, sell-side, and buy-side services. We are nationally recognized for excellence in advising $1-100M enterprise value transactions in manufacturing, construction, distribution, and business services. Calder serves business owners, entrepreneurs, family offices, financial buyers, and investors. Learn more at www.CalderGR.com.