Crane Company targets recurring aftermarket revenue in its $240 million acquisition of Trillium's U.S. pump business, betting on long-term service demand despite unquantified integration costs.
Crane Company announced a $240M acquisition of Trillium's U.S. pump business at 14.6x adjusted EBITDA, promising recurring aftermarket revenue but leaving synergies and margins unquantified.
Crane Company has entered a definitive agreement to acquire Trillium Flow Technologies' U.S. pump business for $240 million. The deal, valued at 14.6 times estimated 2026 adjusted EBITDA, aims to bolster Crane's Process Flow Technologies segment by securing a recurring revenue stream from an established installed base of municipal water and wastewater equipment.
Crane aims to capture recurring revenue through an established installed base of municipal water and wastewater equipment, which requires ongoing service, repair, and replacement parts.