Indicor Strengthens Water Management Portfolio with Aquam and Orbis Acquisition
Deal News | Dec 11, 2024 | Travers Smith
Indicor, LLC, a leading diversified industrial solutions company, has acquired Aquam Water Services in a significant cross-border transaction, with legal advice from Travers Smith. Aquam Water Services, based in the UK, and Orbis Intelligent Systems, based in the US, are pioneers in sustainable water infrastructure management. They are recognized for their innovative solutions that optimize water usage, minimize waste, and promote environmental sustainability. This strategic acquisition aligns with Indicor's vision for environmental responsibility and broadens its portfolio by enhancing its offerings in the smart water technology sector. The acquisition process was complex, requiring diligent legal oversight led by Travers Smith's Corporate Partner Jon Reddington and supported by a dedicated team. This transaction underscores how capital investment can drive environmental efficiency in critical infrastructure sectors.
Sectors
- Industrial Solutions
- Sustainable Water Management
Geography
- United Kingdom – Aquam Water Services, a major player in this transaction, is based in the UK.
- United States – Orbis Intelligent Systems, also involved in this acquisition, is based in the US.
Industry
- Industrial Solutions – Indicor operates as a diversified industrial solutions company providing mission-critical technologies.
- Sustainable Water Management – Aquam and Orbis are leaders in sustainable water infrastructure management, focusing on efficient water use and reducing environmental impact.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Indicor, LLC | Bidding Company | Company | Indicor is a leading diversified industrial solutions company focusing on mission-critical technologies. |
| Aquam Water Services | Target Company | Company | Aquam is a UK-based leader in sustainable water infrastructure management. |
| Orbis Intelligent Systems | Target Company | Company | Orbis operates in the US, specializing in innovative water management technologies. |
| Travers Smith | Legal Advisor | Company | Travers Smith is the law firm advising Indicor on the acquisition. |