Clearford Water Systems Inc. (TSX-V: CLI) is a publicly-listed company and provider of unified water management solutions including Clearford One® wastewater systems, Clearford M-brane™ packaged water treatment solutions, UV Pure® water disinfection products, and a range of professional services for design, deployment, operations, and finance of water infrastructure projects.
In November 2017 Clearford acquired Koester Canada, now Clearford Koester Canada, and its Team Aquatic operations division, now Clearford Waterworks, assembling the pieces necessary to offer unique integrated water solutions and services under a utility-like business model. Clearford owns 91% of UV Pure Technologies, a manufacturer of advanced water disinfection systems.
2017 Frost & Sullivan Global Enabling Technology Leadership Award
Frost & Sullivan recognized the success of Clearford’s Fetherston project in Ontario, where delivery of a Clearford One wastewater system with containerized membrane bioreactor treatment prevented the eviction of 80 residents from their homes because of health concerns over failing septic systems. Clearford’s Jambudiyapura sanitation project in India was also cited for its impact as the first open-defecation free village in the State of Gujarat and leading to additional project opportunities in India.
“While most companies focus their attention on only improving the efficiency of the final/end treatment systems, Clearford focuses on optimizing the entire wastewater cycle including collection and treatment,” said Paul Hudson, Research Analyst at Frost & Sullivan. “By incorporating onsite primary treatment in decentralized ClearDigest units, the efficiency and cost effectiveness of the entire wastewater system is greatly improved.”
“Through its Clearford One offering, Clearford has provided a one-stop solution for the entire wastewater treatment cycle, and its unique business model—the pay-for-performance financing scheme—has made the company a reliable and cost-effective solution provider,” he continued. “Clearford’s future strategy for growth and market expansion is through acquisitions that will strengthen its ability to provide customized solutions that can cater to any end-user needs.”
A 2016 TSX Venture 50 Company
Clearford Water Systems was ranked in the top ten Clean Technology & Life Sciences Sector on the TSX Venture Exchange 50. This is a prestigious group of top market performers from among the 1,791 companies listed on the Toronto Venture Exchange as of December 31, 2015.
“We are very pleased to receive this recognition from the TSX Venture Exchange. The TSX Venture Exchange continues to give Clearford significant presence in the public markets and we look forward to repeating our performance in 2016,” said Clearford CEO Kevin Loiselle.
The 2016 TSX Venture 50 is a ranking of strong performers on the TSX Venture Exchange (TSXV) spanning Clean Technology, Diversified Industries, Mining, Oil & Gas and Technology & Life Sciences. Companies selected for the TSX Venture 50 have shown impressive results in key measures of market performance. The ranking is comprised of ten companies from each of the five industry sectors, and they were selected based on four equally weighted criteria: market capitalization growth, share price appreciation, trading volume and analyst coverage.
The TSX Venture Exchange is a unique incubator of public companies and the 2016 TSX Venture 50 achievements are strong evidence of the opportunities in this market. The shares of these companies also enjoy a liquid market, with a total of 3.0 billion shares trading over the course of 2015.