On 5 January 2023, Badger Meter, a U.S.- based provider of water metering and flow instrumentation solutions, announced its acquisition of U.K.-based Syrinix for £15 million (US$18 million) in an all-cash deal. Since 2020, Badger has set its sights beyond metering by rolling up a series of distribution and collection network monitoring players. Badger’s acquisitions of s::can (2020) and Analytical Technology, Inc. (2021) provide a foothold in the water quality monitoring space.
In this Research Note:
- Badger leverages M&A to build out digital network management portfolio
- Meter firms jockey for global position amid technological, competitive shifts
- European economic turbulence, strong dollar signal opportunity for U.S. buyers