Metron-Farnier acquires WaterSignal to further expand customer insights and savings

Metron, a leader in transformative Advanced Metering Infrastructure (AMI) technology, has acquired Georgia-based WaterSignal, a recognized innovator in real-time analytics for water conservation. 

This acquisition, the first since Metron partnered with XPV Water Partners in 2019, positions Metron to expand its offerings, continue to rapidly deploy its solutions, and support new customers in strategic growth markets, including the real estate sector. 

“As many states determine the path forward in a future with increasingly limited water supplies and failing water infrastructure, accurately monitoring and accounting for water use has become critical,” said Matt Laird, CEO, Metron. “Our industry-leading, high-resolution water usage analytics are helping our customers locate leaks and system failures, reduce water loss, prioritize repairs, improve revenue streams, and better manage demand.” 

Metron has acquired Georgia-based WaterSignal, a recognized innovator in real-time analytics for water conservation

He added that the Metron team is thrilled to welcome WaterSignal to the family. “We are motivated to achieve record results that make a significant difference for our customers. Combining our teams’ invaluable expertise and innovative technologies will allow Metron to offer expanded solutions to reach strategic markets and further improve insights and savings.” 

Aaron Beasley, Executive Vice President, WaterSignal said: “We’re proud to be joining Metron. The team listens carefully to its customers and delivers metering data resolution that nobody else in the market has been able to achieve. We share many of the same values and look forward to working together.” 

“Metron offers the water industry a truly game-changing software solution that helps customers not only track but deeply understand water use and water systems,” said Khalil Maalouf, Investment Partner, XPV Water Partners. “We’re delighted to see Metron accelerate growth to meet demand for its critical services and contribute to a water secure future.” 

About the entity

XPV Water Partners is a leading investment firm focused on high growth water, related waste and environmental businesses globally.