PITTSBURGH--(BUSINESS WIRE)--Evoqua Water Technologies Corp. (NYSE: AQUA) announced the pricing of a secondary public offering of 16,382,793 shares of its common stock by certain institutional shareholders of the company, including certain affiliates of AEA Investors LP, which is expected to result in gross proceeds of approximately $407.1 million. The offering is expected to close on February 11, 2021, subject to the satisfaction of customary closing conditions.

The company is not selling any shares in the offering and will not receive any proceeds from the sale of shares being sold by the Selling Shareholders in the offering.

It is anticipated that, upon completion of the offering, the Selling Shareholders will have disposed of all of their remaining shares of the company’s common stock.

Credit Suisse Securities (USA) LLC is acting as sole bookrunner and underwriter for the offering.

About Evoqua Water Technologies

Evoqua Water Technologies is a leading provider of mission critical water and wastewater treatment solutions, offering a broad portfolio of products, services and expertise to support industrial, municipal and recreational customers who value water. Evoqua has worked to protect water, the environment and its employees for more than 100 years, earning a reputation for quality, safety and reliability around the world. Headquartered in Pittsburgh, Pennsylvania, the company operates in more than 160 locations across ten countries. Serving more than 38,000 customers and 200,000 installations worldwide, our employees are united by a common purpose: Transforming Water. Enriching Life.