Badger Meter Acquires Syrinix in U.K.

Badger Meter bought the privately held provider of intelligent water monitoring solutions for roughly $18.25 million.

Milwaukee, Wisconsin-based Badger Meter, Inc. — a manufacturer of flow measurement, control and communications solutions — announced Jan. 5 the acquisition of Syrinix, Ltd., a privately held provider of intelligent water monitoring solutions, for £15 million (approximately $18.25 million USD). Badger Meter said the acquisition was funded with available cash.

Syrinix specializes in high-frequency pressure monitoring and leak detection within water distribution and collection networks.

“We are pleased to add the hardware-enabled software capabilities of Syrinix into our smart water solutions portfolio,” said Kenneth C. Bockhorst, Chairman, President and CEO of Badger Meter. “Leveraging our industry-leading ORION Cellular endpoints and BEACON Software as a Service, we continue to expand our comprehensive digital solutions to operationalize real-time data into actionable insights that improve efficiency, resiliency and sustainability. I look forward to working alongside the talented Syrinix team to further our aim to preserve the world’s most precious resource.”

MDM’s M&A Virtual Summit, to be held Feb. 21-22, has something to offer for any distributor on the dealmaking spectrum. We’ll cover the current state of M&A; how to maximize valuation; integration do’s and don’ts; ESOPs; the culture side of the M&A process; and more. Get details and register here.


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