Evoqua Water Technologies Announces Closing of Secondary Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares

PITTSBURGH--Evoqua Water Technologies Corp. (NYSE: AQUA) today announced the closing of a secondary public offering of 20,125,000 shares of its common stock by certain stockholders of the company, including certain affiliates of AEA Investors LP (collectively, the “Selling Stockholders”) at a public offering price of $22.00 per share, which included 2,625,000 shares sold upon full exercise of the option to purchase additional shares granted to the underwriters by the Selling Stockholders.

The closing of the offering of 17,500,000 shares took place on March 19, 2018, and the closing of the sale by the Selling Stockholders of the additional 2,625,000 shares pursuant to the underwriters’ option to purchase additional shares followed on March 21, 2018. The company did not sell any shares in the offering and did not receive any proceeds from the sale of shares by the Selling Stockholders, including from the exercise by the underwriters of their option to purchase additional shares.

J.P. Morgan, Credit Suisse and RBC Capital Markets acted as joint lead book-running managers in the offering. Citigroup and Goldman Sachs & Co. LLC also acted as joint book-running managers in the offering. Morgan Stanley, Baird, Cowen, Raymond James, Stifel and Wells Fargo Securities acted as co-managers in the offering.

The offering of these securities was made only by means of a prospectus. Copies of the final prospectus may be obtained from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or via telephone: 1-866-803-9204, or Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, New York, 10010, or by telephone at +1 (800) 221-1037, or by email at newyork.prospectus@credit-suisse.com or RBC Capital Markets, LLC, Attention: Equity Syndicate, 200 Vesey Street, 8th Floor, New York, New York, 10281, or by telephone at 1-877-822-4089, or by email at equityprospectus@rbccm.com.

A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on March 14, 2018. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.