About Evac
Evac is a company based in Espoo (Finland) founded in 1979 was acquired by Altor Equity Partners in December 2025.. Evac has completed 4 acquisitions, including Cathelco, Deerberg Systems and Transvac Systems. Evac offers products and services including Vacuum Collection System, Wastewater Treatment, Freshwater Generation, and Ultrasonic Antifouling. Evac operates in a competitive market with competitors including Veolia, SUEZ, ISS FS Integrated Solutions, Synagro and REMONDIS, among others.
- Headquarter Espoo, Finland
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Sectors
Environment
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Knorr-Bremse
& 4 more
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Employee Count
Employee Count
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Investments & Acquisitions
Cathelco
& 3 more
- Acquired by
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Products & Services of Evac
Evac offers a comprehensive portfolio of products and services, including Vacuum Collection System, Wastewater Treatment, Freshwater Generation, and Ultrasonic Antifouling. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Efficient system for collecting waste with reduced water usage.
Treats wastewater to remove particles and ensure clean effluent.
Converts seawater into usable water for vessels and facilities.
Prevents biofouling on ships to improve fuel efficiency.
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Sales and Marketing
26 people
Product Management Team
20 people
Software Development Team
18 people
Finance and Accounting
11 people
Lead Team
8 people
Human Resources and Administration
5 people
Leadership Team
4 people
Project Team
4 people
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Funding Insights of Evac
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Evac
Evac has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Knorr-Bremse, Bridgepoint Capital and IK Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are directed toward small and medium-sized businesses.
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Founded Year | Domain | Location | |
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Middle-market businesses up to €1 billion are acquired pan-Europe.
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Altor is engaged in private equity investments across multiple sectors.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Evac
Evac has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Cathelco, Deerberg Systems and Transvac Systems. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Waste management services are provided for the marine industry.
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1983 | ||||
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Turnkey environmental systems are designed and supplied for marine markets.
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1974 | ||||
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Marine growth prevention systems for ships to prevent corrosion
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1956 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Evac
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Evac Comparisons
Competitors of Evac
Evac operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Veolia, SUEZ, ISS FS Integrated Solutions, Synagro and REMONDIS, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Wastewater and energy management services are provided internationally.
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Provider of solutions for water and waste treatment
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Integrated facility management services are provided to businesses worldwide.
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Municipal and industrial wastewater treatment services are provided by Synagro.
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| domain | founded_year | HQ Location |
Waste management and water treatment services are provided internationally.
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Water and waste management services are provided in the UK.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Evac
Frequently Asked Questions about Evac
When was Evac founded?
Evac was founded in 1979.
Where is Evac located?
Evac is headquartered in Espoo, Finland.
Who is the current CEO of Evac?
Tapio Kolunsarka is the current CEO of Evac.
What does Evac do?
Evac was founded in 1979 and is headquartered in Espoo, Finland. Waste and wastewater collection and treatment systems are designed, manufactured, and marketed by the company for the marine and building sectors. Solutions aimed at reducing fresh water consumption in toilet flushing are also provided. Operations focus on environmental compliance for vessels and structures, with backing from C.W. Downer Co.
Who are the top competitors of Evac?
Evac's top competitors include Veolia, ISS FS Integrated Solutions and SUEZ.
What products or services does Evac offer?
Evac offers Vacuum Collection System, Wastewater Treatment, Freshwater Generation, and Ultrasonic Antifouling.
How many acquisitions has Evac made?
Evac has made 4 acquisitions, including Cathelco, Deerberg Systems, and Transvac Systems.
Who are Evac's investors?
Evac has 5 investors. Key investors include Knorr-Bremse, Bridgepoint Capital, IK Partners, Zodiac, and Altor.
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