Metasphere Joins Grundfos, Global Water Tech Leader 

TORONTO, Canada –  July 3, 2023  –  XPV Water Partners (“XPV”) is proud to announce that Grundfos, a global leader in advanced pump solutions and water technologies, has completed the acquisition of XPV portfolio company Metasphere, a leading provider of telemetry and analytics solutions for water networks.  

Managing water risk is a priority concern, especially as the world experiences the increasingly extreme impacts of climate change, including urban flooding. Key among Metasphere’s offering is its ART Sewer integrated solution, which provides hardware and analytics software for the prediction and prevention of sewer network overflows.  

“The world needs the right solutions and tools to build resilience,” said Khalil Maalouf, Investment Partner, XPV Water Partners. “XPV has a track record of investing in and growing the innovative companies that contribute to a water secure future. The acquisition of Metasphere is further proof that our portfolio of trusted solutions is in high demand.” 

HP Nanda, CEO of Water Utility at Grundfos, confirmed: “It is clear that smart sewer technology will play a critical role in improving the ability of sewer systems worldwide to handle extreme weather events and overflows. We are excited about introducing Metasphere and their innovative solutions to our global audience of partners as part of our strategic journey towards a sustainable future.” 

Tim O’Brien, CEO of Metasphere, added: “Joining forces with one of the biggest names in the water utility industry is an important milestone on the journey towards our vision of zero spillage. With Grundfos, we will also be able to explore innovative ways to utilise different assets in a sewer network to avoid overflow across its global network.” 

About Grundfos  

Grundfos pioneers solutions to the world’s water and climate challenges and improves quality of life for people. As a leading global pump and water solutions company, we promise to respect, protect and advance the flow of water by providing energy and water efficient solutions and systems for a wide range of applications for water utilities, industries and buildings. Learn more: grundfos.com    

About Metasphere  

Metasphere helps customers predict and prevent leaks and spills for a cleaner, greener world. A wastewater management specialist business, Metasphere provides smart network management solutions to the global utility industry, liaising with all sectors of the industry, from major utility companies to environmental and regulatory bodies. Utilising the latest technology, the company delivers intelligent, innovative all-in-one solutions that provide full network visibility, performance and forecasting that reduce telemetry ownership cost for customers to manage time-critical remote assets and systems. Learn more: metasphere.co.uk/ 

About XPV Water Partners   

XPV Water Partners is a team of experienced operators and investors who are committed to making a difference in water. The firm manages investment capital from some of the world’s top institutional investors, and partners with emerging water-related companies to help them rapidly expand and achieve their strategic goals. XPV aims to generate strong, risk-adjusted returns for its investors by leveraging its trusted ecosystem, deep industry knowledge, and its water centric company scaling platform. XPV is committed to building partnerships that contribute to growing people, sustainable businesses, prosperous communities, and a water secure future. Learn more: xpvwaterpartners.com 

For media inquiries, please contact: 

Kerry Freek, kfreek@xpvwaterpartners.com

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Taxonomy

• Mergers & Acquisitions
• Mergers & Acquisitions
• Mergers & Acquisition