About This Deal

Watts Water Technologies acquired The Detection Group, Inc., a transaction completed in October 2020, structured as all cash (100% of shares).

The Detection Group, Inc. operates in Americas, is based in Sunnyvale, California. Provider of wireless water-leak detection technology; Watts acquired 100% of the shares during the fourth quarter of 2020, aligning with its smart and connected strategy.

TDG aligns with our smart and connected strategy.

Deal Terms

Acquirer
Watts Water Technologies
Target
The Detection Group, Inc.
Value
Not disclosed
Date
October 2020
Type
Full acquisition
Status
Ready

Transaction Details

Target HQ
Sunnyvale, California
Segment
Americas
Structure
All cash (100% of shares)
Closed
October 1, 2020

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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