Water Purification Company AquaVenture Holdings Goes Public
NYSE IPO AquaVenture Holdings trades above Its offering price in its Wall Street debut.
The initial public offering market picked up this week with several IPOs, including AquaVenture Holdings (WAAS). AquaVenture is a water treatment and purification company that builds and services facilities in the U.S. and globally. The stock priced at the low end of its $18 to $20 range, but traded well above that on Thursday. AquaVenture CEO Douglas Brown says the company does everything from building water desalination plants, to smaller projects, such as water filtration systems in offices. Brown says the company has been growing more than 25% a year, and that will continue for the foreseeable future.
