Area manufacturer acquires company for $218.5 million

Balboa provides electronic controls for the health and wellness industry.

  • By Business Observer Staff
  • | 11:08 a.m. October 12, 2020
Courtesy. In a statement, Helios President and CEO Josef Matosevic says the acquisition further advances the company's Vision 2025 strategy.
Courtesy. In a statement, Helios President and CEO Josef Matosevic says the acquisition further advances the company's Vision 2025 strategy.
  • Manatee-Sarasota
  • Share

SARASOTA — Helios Technologies will acquire BWG Holdings I Corp., operating as Balboa Water Group, for $218.5 million from investment funds affiliated with AEA Investors LP.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news
Subscribe

Already subscribed? Sign in.

Latest News

  • March 25, 2026
Sarasota mental health nonprofit pushes to hit $4M fundraising goal
  • March 25, 2026
BayCare to open new urgent care in eastern Hillsborough
  • March 24, 2026
Saks changes its mind: Sarasota-UTC store will remain open
  • March 24, 2026
233 acres in Charlotte County sold to Amazon

Sponsored Content