Mueller Water Products Inc.’s Acquisition of i2O Water Ltd.

In UK Bryan Cave Leighton Paisner, advised on the matter.

Bryan Cave Leighton Paisner advised Mueller Water Products with a team including David Dennison (Human Capital), Barry Gross (Real Estate), Richard Harbot (Tax M&A and Deal Advisory), Adam Lambert (Human Capital), Jonathan Morris (Picture – Corporate M&A), Geraldine Scali (Commercial Law), Richard Shaw (Commercial Law).

Mueller Water Products Inc. acquired i2O Water Ltd., a provider of pressure management solutions, for approximately $20 million in cash. This acquisition expands and accelerates Mueller’s pressure management solutions and analytics portfolio.

The acquisition of i2O Water enhances Mueller’s ability to accelerate its software offerings. i2O’s intelligent network solutions are complementary to both Sentryx™, Mueller’s digital services platform, and existing Mueller technology-enabled products used for metering, leak detection, pipe condition assessment and water quality. Additionally, Mueller plans to introduce i2O’s products and solutions in North America, where i2O currently has no presence.

Mueller Water Products is a leading manufacturer and marketer of products and services used in the transmission, distribution and measurement of water in North America. The company’s product and service portfolio includes engineered valves, fire hydrants, pipe connection and repair products, metering products, leak detection and pipe condition assessment. Mueller helps municipalities increase operational efficiencies, improve customer service and prioritize capital spending.

i2O Water delivers intelligent water networks to more than 100 water companies in over 45 countries around the world to reduce water loss by providing solutions that enable clients to instrument, analyze and control water networks to reduce leakage, lower energy consumption and improve supply. Founded in 2005, i2O Water is headquartered in Southampton, UK, with operations in Malaysia and Colombia. i2O Water provides a range of market-leading intelligent water network solutions including advanced pressure management, network analytics, event management, data logging and the iNet software suite.

A multidisciplinary BCLP team advised Mueller on all elements of the transaction, including: Partner Jonathan Morris (Picture), Senior Associate Daniel Bell and Associate Andreas Demetriou (corporate transactions); Partner Richard Harbot and Associate Michael Langan (tax); Partner Richard Shaw (technology & commercial); Senior Associate Ash von Schwan and Associate Sasha Rubinstein (intellectual property); Partner Adam Lambert and Associate Peter Summerfield (employment); Partner David Dennison (pensions and employee benefits); Partner Geraldine Scali (data protection); Partner Barry Gross (real estate); and Associate Director Isabelle Laborde (environmental).

Involved fees earner: Daniel Bell – Bryan Cave Leighton Paisner; David Dennison – Bryan Cave Leighton Paisner; Barry Gross – Bryan Cave Leighton Paisner; Richard Harbot – Bryan Cave Leighton Paisner; Isabelle Laborde – Bryan Cave Leighton Paisner; Adam Lambert – Bryan Cave Leighton Paisner; Jonathan Morris – Bryan Cave Leighton Paisner; Sasha Rubinstein – Bryan Cave Leighton Paisner; Geraldine Scali – Bryan Cave Leighton Paisner; Richard Shaw – Bryan Cave Leighton Paisner; Peter Summerfield – Bryan Cave Leighton Paisner; Ash von Schwan – Bryan Cave Leighton Paisner; Michael Lang – Norton Rose Fulbright;

Law Firms: Bryan Cave Leighton Paisner; Norton Rose Fulbright;

Clients: Mueller Water Products;

Author: Giulia Di Palma