Clearwater Controls Ltd., a provider of a broad line of wastewater solutions, has been sold to Industrial Flow Solutions, a leading industrial pumping solutions provider. Based in Glasgow, Scotland, United Kingdom, Clearwater Controls is known worldwide for the DERAGGER™+ line of intelligent deragging control systems. The company is bringing the Internet of Things (IoT) to industry sectors with its newest innovation: cloud-based data analytics and management for improved monitoring of water networks. Clearwater Controls’ solutions allow engineers and operators to analyze and create baseline data on the performance of their pump networks in real time to optimize operations, identify problems, perform money-saving predictive maintenance, and avoid potentially harmful and costly environmental impacts. These smart interventions will transform the industry from its historic reactive approach to a predictive asset management model.
Based in New Haven, Connecticut, United States, Industrial Flow Solutions specializes in the design, manufacturing, sales and service of pumping and fluid management solutions for harsh, rugged environments. Industrial Flow Solutions is a portfolio company of May River Capital.
EC M&A acted as exclusive M&A advisor to Clearwater Controls on this transaction.