On 3 July 2023, Danish pump manufacturer Grundfos acquired U.K.-based telemetry and analytics firm Metasphere from private equity investor XPV Water Partners. Financial terms were not disclosed, but Bluefield estimates a purchase price between US$60 million and US$70 million.
In this Research Note:
- Metasphere boosts Grundfos’ hardware fundamentals and analytics capabilities
- Pump companies embracing digital growth strategies
- XPV secures exit amid a sustained slump in digital M&A activity