Badger Meter acquires SmartCover Systems to enhance BlueEdge suite of solutions
Jan 31, 2025•11 months ago
Acquiring Company
Badger Meter
Acquired Company
SmartCover Systems
Description
Badger Meter, Inc. announced the acquisition of SmartCover Systems from XPV Water Partners for $185 million. This strategic acquisition adds real-time monitoring of utility water collection systems, focusing on sewer line and lift station monitoring, to Badger Meter’s BlueEdge suite of water management solutions. The addition of SmartCover enhances the scope of data, information, and analytics, strengthening Badger Meter’s customers' water management practices.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed