Ovarro completes acquisition of ControlPoint
Remote monitoring specialist Ovarro has completed the acquisition of ControlPoint, a key supplier of digital quality assurance and data management solutions to UK water utilities.
Established in 2010, UK-based ControlPoint’s system involves unique software and real time inspection of pipeline jointing at the point of installation, giving asset owners and contractors the ability to prevent poor joints being installed on the network. It also supplies gas utilities.
Ovarro, a subsidiary of Laurel Solutions, is a market leading provider of remote terminal units (RTUs), acoustic leakage data loggers, SCADA systems and intelligent analytics software for the global water industry, as well as oil & gas, broadcast and transportation sectors.
Ovarro chief executive David Frost said: “Ovarro are delighted to welcome ControlPoint to the team. We are firmly committed to continued investment in ControlPoint’s people, technology and software solutions, so that together we may grow and develop our combined range of complimentary products and services for all our customers in the utility sector around the world.”
ControlPoint managing director Ben Crabtree said: “The combination of Ovarro and ControlPoint provides us with the opportunity to continue to support our established end markets and customers in the UK, whilst leveraging the financial and human capital of Ovarro to expand our market position around the world.”
Laurel Solutions chief executive Martin Carter said: “Ovarro’s acquisition of ControlPoint continues to demonstrate the investment strategy to further develop as an industry leading player in leakage for the utility sectors.”