WaterFleet, LLC ("WaterFleet"), a leading provider of mobile water and wastewater utility services and workforce relief solutions, today announced that a subsidiary of Xylem Inc. (NYSE: "XYL") ("Xylem"), a leading global water technology company, has signed a definitive agreement to acquire WaterFleet from investment funds managed by EagleTree Capital and its co-investors for approximately $200 million.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.