Badger Meter announced on January 31, 2025, the acquisition of SmartCover Systems from XPV Water Partners for $185 million.
The transaction will add real-time monitoring of collections systems, with a focus on sewer line and lift station monitoring, to the network monitoring applications already offered by Badger Meter.
SmartCover provides sensors, software and related services to monitor sewer levels 24/7, determining changes in patterns and automatically alerting utilities to potential issues. The company’s sewer line solutions can aid utilities in predicting, detecting and preventing sewer overflow spills. The company also provides lift station monitoring and control hardware and software solutions.
“SmartCover fits directly into our BlueEdge suite of hardware-enabled software solutions, enhancing the scope of data, information and analytics that collectively strengthen our customers’ water management practices,” said Chairman, President and CEO of Badger Meter Kenneth C. Bockhorst in a press release. “We hear from our customers with greater frequency that extreme weather events will often cause significant problems for municipal water infrastructure. SmartCover is the market leader in the fast-growing stormwater management space, which is in the very early stages of adoption in North America and other regional markets in which we operate. Given its high annual recurring software and support model, we believe that leveraging our world-class Badger Meter sales network to accelerate municipal adoption of SmartCover’s solutions will enhance shareholder value over the long term.”
“We’re excited to join forces with Badger Meter to enable water utilities to more effectively deal with the range of challenges associated with aging infrastructure, limited resources, and the impact of severe weather events on system resiliency,” said Corey Williams, president and CEO of SmartCover, in a press release. “The innovation and leadership in the smart water management space makes Badger Meter a natural home for our market-leading collection system monitoring technologies. Together, we will aid customers in visualizing and optimally managing the full extent of their wastewater management systems.”
