Announced
Completed
Financials
Tags
pump efficiency
Private
drinking water
United Kingdom
water production plant
Private Equity
Friendly
Water
Acquisition
Majority
Completed
Single Bidder
Synopsis
EQT-backed Saur, a water services provider, completed the acquisition of a 51% stake in Riventa, a provider of industrial pump efficiency monitoring products. Financial terms were not disclosed. “The combination of Saur vision and Riventa expertise promises a great deal in terms of successfully meeting the energy challenges faced by drinking water and wastewater systems. We look forward eagerly to working together on delivering immediately operational solutions to a diverse international customer base," Steve Barrett and Tom Clifford, Riventa Founders.
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