M&A Deal Summary

Indicor Acquires Aquam Water Services

On December 4, 2024, Indicor acquired business services company Aquam Water Services from Cadence Equity Partners and Unigestion

Acquisition Highlights
  • This is Indicor’s 1st transaction in the Business Services sector.
  • This is Indicor’s 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2024-12-04
Target Aquam Water Services
Sector Business Services
Buyer(s) Indicor
Sellers(s) Cadence Equity Partners
Unigestion
Deal Type Add-on Acquisition
Advisor(s) EC M&A (Financial)

Target

Aquam Water Services

Peterborough, United Kingdom
Aquam Water Services provides technologies and services enabling UK utilities to acquire and analyze critical network data for proactively managing their networks and meeting increasingly stringent regulatory requirements. Aquam Water Services is based in Peterborough, United Kingdom.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Indicor

Charlotte, North Carolina, United States

Category Company
Founded 2022
Sector Business Services
DESCRIPTION

Indicor is a diversified industrial solutions company providing specialized, mission-critical products for industrial manufacturers. Indicor was founded in 2022 and is based in Charlotte, North Carolina.


DEAL STATS #
Overall 4 of 4
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
Country: United Kingdom M&A 2 of 2
Year: 2024 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-04 Orbis Intelligent Systems

San Diego, California, United States

Orbis Intelligent Systems provides innovative non-invasive solutions for utilities that monitor flow parameters and assess the condition of pipes. Orbis is based in San Diego, California.

Buy -

Seller(S) 2

DESCRIPTION

Cadence Equity Partners is a specialist private equity firm focused on investments in lower middle-market technology businesses throughout the UK. The Firm seeks to partner with entrepreneurs and founders in companies with recurring revenue, high gross margins, and growth potential. Cadence Equity Partners was founded in 2016 and is based in London, England.


DEAL STATS #
Overall 2 of 2
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: United Kingdom M&A 1 of 1
Year: 2024 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-04 Orbis Intelligent Systems

San Diego, California, United States

Orbis Intelligent Systems provides innovative non-invasive solutions for utilities that monitor flow parameters and assess the condition of pipes. Orbis is based in San Diego, California.

Sell -
SELLER

Unigestion

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1971
PE ASSETS 10.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Unigestion is an asset manager with a private equity division focused on global mid-market companies across Europe, North America, and Asia. Unigestion considers direct investments in established companies, secondary position acquisitions, and investments in emerging fund managers. The Firm invests in a variety of industries including industrials, agriculture, distribution, logistics, utilities, software, education, nutrition, leisure, and healthcare. Unigestion was founded in 1971 and is based in Geneva, Switzerland.


DEAL STATS #
Overall 4 of 5
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 4
Country: United Kingdom M&A 2 of 2
Year: 2024 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-04 Orbis Intelligent Systems

San Diego, California, United States

Orbis Intelligent Systems provides innovative non-invasive solutions for utilities that monitor flow parameters and assess the condition of pipes. Orbis is based in San Diego, California.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-10-15 Tecvia

Munich, Germany

Tecvia is a European provider of training and continuing education solutions in the mobility sector, as well as media and online products for the driving school, transport & logistics, automotive, and tourism industries. The company offers its customers modern digital and print media, as well as software solutions, through its brands Verlag Heinrich Vogel, Auto Business Media, Binnenschifffahrts-Verlag, FUMO Solutions, and TRIAS.

Sell -