Investment Summary

XPV Water Partners Invests In Mobiltex Data

On August 16, 2018, growth capital firm XPV Water Partners invested in electrical equipment company Mobiltex Data

Investment Highlights
  • This is XPV Water Partners’ 1st transaction in the Electrical Equipment sector.
  • This is XPV Water Partners’ 1st transaction in Canada.
  • This is XPV Water Partners’ 1st transaction in Alberta.

Investment Summary
Date 2018-08-16
Target Mobiltex Data
Sector Electrical Equipment
Investor(s) XPV Water Partners
Deal Type Growth Capital

Target

Mobiltex Data

Calgary, Alberta, Canada
Mobiltex Data is a developer of IoT devices and data analytics software for the monitoring of pipelines and other critical infrastructure assets. Their remote monitoring systems provide immediate and accurate data about the effectiveness of corrosion protection systems, eliminating the need to dispatch utility staff to often dangerous and remote locations while streamlining regulatory reporting. Mobiltex Data is based in Calgary, Alberta.

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Investor(S) 1

Investor

XPV Water Partners

Investor Investor Investor Investor Investor

Category Growth Capital Firm
Founded 2006
PE ASSETS 400M CAD
Size Middle-Market
Type Sector Focused
DESCRIPTION

XPV Water Partners is a specialist investor in businesses connected to and involved in water. The Firm looks to partner with and work alongside entrepreneurs and will consider opportunities throughout North America. XPV Water Partners dates back to 2006 and is based in Toronto, Ontario.

DEAL STATS #
Overall 5 of 11
Sector (Electrical Equipment) 1 of 1
Type (Growth Capital) 4 of 8
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2018) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-01 SmartCover Systems

Escondido, California, United States

SmartCover Systems engages in remote monitoring of sewer collection systems to help predict, detect and prevent sewer spills. Their remote devices can be quickly installed without confined space entry requirements for utility staff and can also be used to optimize collection system cleaning programs, detect I&I and monitor combined sewer overflows. SmartCover Systems is based in Escondido, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-30 Metasphere

Tadworth, United Kingdom

Metasphere is a provider of smart solutions for the remote collection, processing visualization and reporting of data from critical systems and assets in the water, wastewater and environmental sectors. The company offers a full range of remote telemetry units which utilize a variety of communication protocols and are sensor agnostic to enable operation in a wide range of applications. Intelligent data solutions from Metasphere are trusted around the world by major utilities and government agencies. Metasphere is based in Tadworth, United Kingdom.

Buy -
Mergr

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Company

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