Press Release
New York – August 3, 2020 – KKR and XPV Water Partners today announced the appointment of Chris McIntire as Chief Executive Officer (CEO) of its newly created water quality solutions platform focused on pressing water quality challenges across the globe. McIntire will also join the platform’s Board of Directors.
McIntire brings to the platform over 30 years of experience in the water and wastewater treatment and business services industries, including as CEO of KPM Analytics (2015-2019), Senior Vice President at Xylem (2011-2015) and President and Chief Operating Officer of Nova Analytics (2006-2010). Throughout his career, McIntire successfully managed the acquisition and integration of over 20 businesses, creating the process and structure to support their continued organic and inorganic growth. This experience will serve the platform well as it continues to grow its portfolio through strategic acquisitions.
“Chris is highly regarded across the industry and is well known for his ability to drive growth and build value, ranging from small private companies to multi-national public corporations. Already an accomplished CEO, we’re confident that Chris’ operational and leadership capabilities will meaningfully contribute to the continued growth and success of the platform”
Robert Antablin, Co-Head of KKR Global Impact, and David Henderson, Partner of XPV Water Partners
“Quality water is of utmost importance and is now being exposed to some very significant risks and threats. For example, the constant overloading of nutrients in our water resources is disrupting the vital ecosystems needed to sustain the continued expansion of our communities and the key industries that serve them. I am excited to be joining a growing organization that is playing such a critical role in solving for this, together with our portfolio of products from Nexom, Inc. (“Nexom”), Environmental Operating Solutions, Inc. (“EOSi”) and Environmental Dynamics International, Inc. (“EDI”). I look forward to continuing to build a world-class water quality solutions platform,” said McIntire.
KKR and XPV Water Partners established the global strategic platform in December 2019 with the foundational acquisitions of EOSi and Nexom, two providers of nutrient management technologies. The platform completed its first add-on acquisition of EDI, a leading global manufacturer of diffused aeration systems, in June 2020.
About KKR
KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, credit and real assets, with strategic partners that manage hedge funds. KKR aims to generate attractive investment returns for its fund investors by following a patient and disciplined investment approach, employing world-class people, and driving growth and value creation with KKR portfolio companies. KKR invests its own capital alongside the capital it manages for fund investors and provides financing solutions and investment opportunities through its capital markets business. References to KKR’s investments may include the activities of its sponsored funds. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com and on Twitter @KKR_Co.
About XPV Water Partners
XPV Water Partners is comprised of experienced water entrepreneurs, operators, and investment professionals dedicated to make a difference in the water industry. XPV invests in and actively supports water-focused companies to enable them to grow and deliver value for all stakeholders. XPV manages over $400 million USD in investment capital from institutional investors in North America, Europe and Asia. For more information, visit www.xpvwaterpartners.com.
Media Contacts
KKR:
Cara Major and Miles Radcliffe-Trenner: [email protected]
