M&A
confidence medium
sentiment positive
materiality 0.55
Zurn Elkay to acquire Intellihot; Q2 results ahead of prior outlook
Zurn Elkay Water Solutions Corp
- Acquisition of Intellihot, a tankless water heater leader, expected to close early Q3 2026.
- Intellihot's 2026 net sales expected approximately $37 million.
- Q2 results expected ahead of prior outlook range; full details on July 29 earnings call.
- Transaction marks entry into adjacent water heating category with specifiable solutions.