In-Situ Inc. (“In-Situ”), a U.S.-based manufacturer of water / wastewater monitoring instruments used for environmental and municipal water process monitoring applications, has been sold to Veralto Corporation (“Veralto”) (NYSE: VLTO) for $435 million, subject to customary closing adjustments. In-Situ’s product portfolio is highly complementary to the OTT HydroMet-branded business within Veralto’s water analytics portfolio, expanding Veralto’s presence in surface and groundwater quality. The transaction is expected to close in the first quarter of 2026, subject to customary closing conditions.

In-Situ is a global leader in environmental water measurement and monitoring solutions. The company offers a comprehensive portfolio of water quality sondes, sensors, and data management platforms that enable customers to monitor and measure surface and groundwater with precision and ease. With a strong track record of innovation, In-Situ delivers differentiated technology solutions designed for reliability and simplicity, helping organizations protect vital water resources and improve environmental outcomes worldwide. Over the past three years, In-Situ has averaged high-single digit sales growth. In 2025, In-Situ is expected to deliver approximately $80 million in sales with gross margin of about 50% and mid-teens EBITDA margin.

Headquartered in Waltham, Massachusetts, Veralto is a global leader in essential technology solutions with a proven track record of solving some of the most complex challenges. Veralto’s industry-leading companies with globally recognized brands help billions of people around the world access clean water, safe food and trusted essential goods.

EC M&A acted as exclusive financial advisor to In-Situ on this transaction.