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New Deal


Announced

Completed

Ovarro completed the acquisition of Datawatt.

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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Majority

Completed

engineering consultancy

Cross Border

Netherlands

Private

Engineering Consulting

telemetry solutions

Acquisition

Single Bidder

Friendly

Synopsis

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Ovarro, a provider of Remote Telemetry Units, acoustic leakage data loggers, secure SCADA systems and intelligent analytics software, completed the acquisition of Datawatt, a provider of technically advanced and innovative solutions used in various processes in the Water, Energy and General Industry sectors. Financial terms were not disclosed. "The Ovarro management team are delighted to welcome Datawatt to the Ovarro team and are firmly committed to continued investment in Datawatt’s people, technology and engineered 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," David Frost, Ovarro CEO.

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