Indicor Announces Acquisition of Ovarro
5.9.2024 12:00:00 CEST | ACCESS Newswire | Press release
CHARLOTTE, NC / ACCESSWIRE / September 5, 2024 / Indicor, LLC, a leading diversified industrial company specializing in mission-critical technologies across various niche markets, today announced it has reached a definitive agreement in an all-cash transaction to acquire Ovarro, a prominent provider of advanced technology solutions for critical infrastructure monitoring and management.
Indicor
Black logo
Ovarro's suite of water management and process control solutions serves a global customer base, enhancing customers' operational efficiency, data analytics, and sustainability. Their offerings include sophisticated monitoring systems, data-driven insights, and integrated technology solutions that support the management of critical infrastructure.
"Ovarro represents a significant addition to Indicor's portfolio of niche industrial technologies. They are leaders in systems and analytics used to manage critical assets including water and other key processes," said Doug Wright, CEO of Indicor. "This acquisition aligns seamlessly with our strategy to enhance our technological capabilities and expand our reach in the water and environmental sectors."
"Today is a significant milestone for Ovarro, becoming part of Indicor's portfolio of innovative industrial technologies," said David Frost, CEO of Ovarro. "This is a partnership that will propel us to new heights and open incredible opportunities for growth. This partnership will allow us to leverage Indicor's expertise, further driving innovation and value for our customers worldwide."
About Indicor
Indicor is a leading diversified industrial solutions company known for its market-leading businesses that deliver specialized, mission-critical solutions to niche markets. Indicor employs a disciplined, process-driven approach to capital deployment and value creation through its proprietary Indicor Business Excellence system (IBEX).
About Ovarro
Ovarro's technology is used globally by customers in water, broadcast, and transportation sectors to monitor, control, and manage their critical infrastructure and assets.
Ovarro's connected technology is always there, always on. It is secure, proven, and trusted, integrating effortlessly with our clients' assets. This technology excels at collecting and communicating data from some of the most remote and challenging environments on the planet. Enabling businesses to work smarter and more effectively.
For more information, please visit www.ovarro.com.
The transaction is expected to close in approximately 30 working days, subject to required regulatory approvals and other customary closing conditions.
For media inquiries, please contact:
Tiffany Fuller, VP
Media@indicor.com
Contact Information
Tiffany Fuller
VP
media@indicor.com
9803468500
SOURCE: Indicor
View the original press release on newswire.com.
Indicor
Subscribe to releases from ACCESS Newswire
Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESS Newswire
ZAGENO and ORO Labs Partner to Connect Scientific Purchasing with Enterprise Procurement26.8.2026 14:35:00 CEST | Press release
Partnership combines ORO Labs' AI-native procurement orchestration platform with ZAGENO's scientific marketplace and supplier network to deliver a governed, end-to-end purchasing experience for life sciences R&D. BOSTON, MA / ACCESS Newswire / August 26, 2026 / ZAGENO, the scientific procurement platform connecting researchers with 75 million laboratory products from approximately 5,500 suppliers, today announced a strategic partnership with ORO Labs, the AI-native procurement orchestration platform. The partnership connects ORO Labs' enterprise intake, workflow, and approval capabilities with ZAGENO's scientific product discovery, marketplace, supplier network, and fulfillment infrastructure. Together, the companies enable a single governed journey from request and approval through product selection, ordering, and fulfillment. Scientific R&D procurement has specialized requirements. Researchers need fast, intuitive access to highly specific products, while procurement teams need polic
Eudia Accelerates Enterprise AI Transformation with Google Cloud's Gemini Enterprise for Legal25.8.2026 15:50:00 CEST | Press release
PALO ALTO, CA / ACCESS Newswire / August 25, 2026 / Eudia, the augmented intelligence platform for enterprise legal, contracting, and compliance, today announced a partnership with Google to launch new industry-specific AI capabilities on Google Cloud's Gemini Enterprise for Legal. Eudia's agent scales the legal, contracting, and compliance expertise of an organization's top operators to every team in the enterprise. Built on Google's Agent Development Kit and connected via MCP, Eudia combines a suite of specialized agents with digital twins of domain-scoped institutional knowledge, orchestrated with legal-specific reasoning and access to legal databases. Eudia enables Legal, Compliance, Procurement, and Revenue teams to draft and review contracts, analyze marketing assets for compliance, assess risk across thousands of executed contracts, and manage obligations across the entire company portfolio, giving large enterprises a faster path to trusted, governed legal AI. In practice, this
Envision Pharma Group Names Ryan Tubbs, Senior Vice President, Commercial Growth25.8.2026 15:00:00 CEST | Press release
New role unifies sales enablement, lead generation, and marketing under centralized leadership and expands oversight to customer success, supporting a consistent, connected client experience across Envision. FAIRFIELD, CT / ACCESS Newswire / August 25, 2026 / Envision Pharma Group (Envision) has appointed Ryan Tubbs as Senior Vice President, Commercial Growth. In this newly created role, Tubbs will lead the centralized Commercial Growth function spanning sales enablement, lead generation, marketing, and client success. He will also help shape Envision's commercial strategy and operating model to accelerate enterprise growth. Tubbs' remit also includes the Client Implementation and Client Experience teams. Connecting Envision's pre-sale and post-sale capabilities will create a more integrated commercial engine, making it easier for teams to bring the best of Envision to clients and for clients to realize value quickly. The timing is notable as Envision's iEnvision®, market access, and m
Polaris Renewable Energy Announces Renewal of Normal Course Issuer Bid25.8.2026 13:50:00 CEST | Press release
TORONTO, ON / ACCESS Newswire / August 25, 2026 / Polaris Renewable Energy Inc. (TSX:PIF) ("Polaris" or the "Company") today announced that the Toronto Stock Exchange ("TSX") has accepted its notice of intention to renew its normal course issuer bid ("NCIB"). The Company's Board of Directors believes that an NCIB represents an appropriate and desirable use of its available free cash to increase shareholder value and is in the best interest of the Company and its shareholders. Pursuant to the notice, Polaris may purchase up to 2,021,205 of its common shares ("Shares"), representing approximately 10% of the public float of 20,212,059 Shares as at August 13, 2026, during the twelve month period commencing August 27, 2026 and ending August 26, 2027, provided that the board of directors of Polaris has initially limited the NCIB to repurchase up to 176,872 Shares. As at August 13, 2026, there were 20,895,285 Shares issued and outstanding. Under the NCIB, other than purchases made under block
IXOPAY Appoints Ajoy Krishnamoorthy as CEO to Accelerate Growth and Advance Payments for the Agentic Age25.8.2026 12:00:00 CEST | Press release
Enterprise Software and Commerce Leader Will Guide IXOPAY's Next Development Phase of Its Unified, AI-Native Payments Infrastructure Platform DALLAS, TX / ACCESS Newswire / August 25, 2026 / IXOPAY, the payment infrastructure solution that enables fluid commerce, today announced the appointment of Ajoy Krishnamoorthy as CEO. Krishnamoorthy brings more than two decades of enterprise software leadership and extensive product engineering experience turning complex technologies into platforms that businesses depend on to grow. Krishnamoorthy joins IXOPAY at a pivotal moment, as it helps unlock fluid commerce for enterprise merchants. Krishnamoorthy will focus on bringing IXOPAY's modular product suite into the agentic age, providing merchants with the freedom to buy what they need and build what they want in scaling their global payment operations. He comes with a customer-first mindset, ensuring momentum is maintained, and support is given to customers during this seismic shift in the lan
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom