Grundfos Acquires Metasphere

Grundfos Acquires Newterra

August 22, 2025

Industrial Services

Danish water solutions leader Grundfos has acquired Newterra, a Pittsburgh-area designer and manufacturer of water and wastewater treatment systems, to strengthen its water treatment capabilities and expand its presence in North America. The deal boosts Grundfos' water treatment workforce in Europe and North America and supports its goal to grow its US business.

Badger Meter Acquires SmartCover Systems from XPV Water Partners

January 31, 2025

Utilities

Badger Meter, Inc. has acquired SmartCover Systems from XPV Water Partners, adding real-time sewer and lift station monitoring to its BlueEdge suite of water management solutions. The acquisition expands Badger Meter’s capabilities in collection system monitoring and brings SmartCover’s sensor- and data-driven remote monitoring technology and customer base into Badger Meter’s global smart water offering.

Metron-Farnier Acquires WaterSignal

July 25, 2023

Environmental Services

Metron-Farnier LLC (Metron), a Boulder-based provider of advanced metering infrastructure and cloud analytics, has acquired Georgia-based WaterSignal, a provider of real-time water-flow monitoring and analytics. The acquisition (Metron's first since partnering with XPV Water Partners in 2019) expands Metron's water-conservation analytics capabilities and accelerates deployment into strategic real-estate and commercial markets.

Metasphere Acquires Meniscus to Expand Wastewater Analytics

April 18, 2023

Environmental Services

Metasphere, a portfolio company of XPV Water Partners, has acquired UK-based Meniscus, an AI/ML real-time analytics provider for the wastewater sector. The deal integrates Meniscus's MAP platform with Metasphere's ART Sewer solution to broaden analytics capabilities, help customers predict and prevent spills, and strengthen Metasphere's offering to water utilities globally.

Microsoft Acquires Metaswitch Networks

May 14, 2020

Telecommunications

Microsoft signed a definitive agreement to acquire Metaswitch Networks, a provider of cloud-native communications and virtualized network software, expanding Azure's capabilities for telecom operators and 5G deployments. The deal, which follows Microsoft's acquisition of Affirmed Networks, was completed from seller Francisco Partners (which had owned Metaswitch alongside other shareholders) and will be used to integrate Metaswitch's talent and technology into Azure to serve operators globally.

XPV Water Partners Invests in Metron‑Farnier

June 5, 2019

Manufacturing

XPV Water Partners has made a growth equity investment in Metron‑Farnier, a provider of high-performance residential and commercial water meters combined with the Waterscope analytics portal and cellular AMI connectivity. The investment will support Metron‑Farnier’s scaling efforts to expand deployments across utilities, multifamily and commercial customers and accelerate product and market growth.