Mergers & Acquisitions ·
Zurn Elkay Water Solutions Corporation entered into a definitive agreement to acquire Intellihot, Inc., a provider of…
ZWSZurn Elkay Water Solutions Corp
Zurn Elkay Water Solutions Corporation entered into a definitive agreement to acquire Intellihot, Inc., a provider of tankless water heater solutions for healthcare, education, hospitality, and commercial markets. Intellihot's net sales are projected to be approximately $37 million in 2026. The transaction is expected to close early in the third quarter of 2026. Additionally, the company previewed its second-quarter results, indicating performance ahead of previous outlook ranges, with a detailed earnings call scheduled for July 29, 2026. Zurn Elkay Water Solutions is a water management company that designs, manufactures, and markets sustainable water management solutions.