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Announced

Completed

Servelec Technologies acquired Primayer.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

water network leak detection

water monitoring software

Friendly

Completed

United States

Software

Private

Single Bidder

Synopsis

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Servelec Technologies, a global provider of telemetry hardware and software products, acquired Primayer, a global leader in water network leak detection and location. Financial terms were not disclosed. “The Servelec Technologies management team and Laurel Solutions are firmly committed to continued investment in Primayer’s people and solutions so that together we may grow and develop our combined range of complimentary products and software services for all our customers in markets around the world,” said David Frost, MD of Servelec Technologies.

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