Register with Bluefield for immediate, free access
to water market data and analysis.
Login

Montagu Eyes Smart Water Tech, De-lists Servelec

22 February 2018
Research Note

U.K.-based private equity firm Montagu Funds announced that its takeover of Servelec Group had been sanctioned by the High Court of Justice in England and Wales. Montagu Funds purchased all share capital of Servelec Group at a 19.8% premium over closing US$298 million deal represents a 13x EBITDA multiple.

Through acquisition and development, Servelec has assembled a broad smart water offering to address key pain points for municipal water utilities. The overlap of data collection and analytical solutions has also left many water utilities overwhelmed, data rich, information poor, and software solution fatigued.

Servelec Technologies’ full solution smart water portfolio– spanning data collection, transmission, management, advanced analytics and strategic asset management– will be a key focal point for Montagu, as it seeks growth opportunities in an emerging, yet challenging, municipal market environment.


Companies Mentioned

// // // // // // // // // //

More Research

$250

This Research Note is available for purchase. Interested in becoming a client?

Learn more about our services »

Contact us »

Share with colleagues





Another example re: critical infrastructure providers converging under a single investor-owned utility banner: Pa. approves @AquaAmerica’s $4.3 billion expansion into natural gas. Now it wants to be Essential. inquirer.com/business/aqua-… via @PhillyInquirer #PrivateWater

Utility Management Conference
Feb 25-28, 2020 / Anaheim, CA 

WEX Global 2020
March 2-4 / Valencia, Spain

21 Jan 2020 Municipal Pipe Market Turns to New Technologies to Address Aging Water Infrastructure

15 Jan 2020 Looking to 2020 and Beyond: Key Trends and Perspectives in Global Water Markets