EQT-backed Saur buys Riventa

EQT bought Saur via EQT Infrastructure III in July 2018 from BNP Paribas and BPCE, which had acquired the company via a debt restructuring process in 2013.

According to Saur, the acquisition of Riventa will help the group to further develop its environmental and innovation policy, which focuses on the development of intelligent water industry technologies. It will also strengthen the range of services offered by Saur to address the challenges posed by energy transition.

Company
Established in 2001 and based in Threemilestone, Cornwall, Riventa specialises in pump testing and monitoring, as well as network optimisation, for drinking water production plants and wastewater industrial plants.

The company offers innovative sensors and algorithms able to diagnose pump efficiency and improve pumping system operation, maintenance and energy consumption.

Riventa serves a broad spectrum of UK customers, including Thames Water, United Utilities and Severn Trent Water, as well as several international clients across the US, South Korea and Brazil. In addition, it also has an operational presence in Australia and India.

People
Saur – Louis-Roch Burgard (executive chair).
Riventa – Steve Barrett, Tom Clifford (founders).

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