Home Industries Manufacturing Badger Meter continues expansion into water quality with $44 million acquisition

Badger Meter continues expansion into water quality with $44 million acquisition

By
Arthur Thomas
-
Badger Meter Inc. headquarters
Badger Meter Inc.'s headquarters in Brown Deer.

Brown Deer-based Badger Meter Inc. continued its expansion into water quality offerings with the acquisition of Pennsylvania-based Analytical Technology Inc. Badger Meter funded the $44 million acquisition with available cash. “The combination of solutions – including industry-leading electrochemical sensors from ATi with premier optical water quality monitoring instruments from s::can, which we acquired in November

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Arthur Thomas
Arthur covers banking and finance and the economy at BizTimes while also leading special projects as an associate editor. He also spent five years covering manufacturing at BizTimes. He previously was managing editor at The Waukesha Freeman. He is a graduate of Carroll University and did graduate coursework at Marquette. A native of southeastern Wisconsin, he is also a nationally certified gymnastics judge and enjoys golf on the weekends.
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Brown Deer-based Badger Meter Inc. continued its expansion into water quality offerings with the acquisition of Pennsylvania-based Analytical Technology Inc. Badger Meter funded the $44 million acquisition with available cash. “The combination of solutions – including industry-leading electrochemical sensors from ATi with premier optical water quality monitoring instruments from s::can, which we acquired in November 2020 – provides Badger Meter with a fully comprehensive, robust and scalable water quality monitoring offering that delivers real-time data on demand to municipal water utilities and industrial users,” said Ken Bockhorst, chairman, president and chief executive officer of Badger Meter. Headquartered in Collegeville, Pennsylvania and founded in 1992, ATi had annual revenue of around $22 million. The company offers modular, configurable and low-power multi-parameter water monitoring solutions in applications with both periodic and continual monitoring. “We are creating robust digital solutions to operationalize real-time data into actionable insights that drive better results, optimize operations, reduce costs and create outstanding customer experiences,” Bockhorst said.

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