Key Takeaways
- • May River Capital has agreed to sell Parameter Technologies to Acuity for $675 million, according to PEI Private Equity.
- • Parameter Technologies is a Colorado-based company that makes leak detection, environmental monitoring and battery monitoring technology for data centers and critical infrastructure.
- • The transaction is a North American technology, media and telecom (TMT) deal, reported as a brief by PEI Staff.
Summary
May River Capital has agreed to sell Parameter Technologies to Acuity in a transaction valued at $675 million, according to PEI Private Equity. The deal was reported in a brief by PEI Staff and is classified under the TMT (technology, media and telecom) sector in North America.
Parameter Technologies is based in Colorado and develops leak detection, environmental monitoring and battery monitoring technology. Its products are aimed at data centers and critical infrastructure, where monitoring of environmental conditions and power systems is a core operational requirement.
The source article is a short briefing and does not disclose additional terms, such as deal structure, financing, or expected closing timeline. Further detail on the transaction would need to be confirmed through subsequent reporting or regulatory disclosures.
Parameter Technologies is based in Colorado and develops leak detection, environmental monitoring and battery monitoring technology. Its products are aimed at data centers and critical infrastructure, where monitoring of environmental conditions and power systems is a core operational requirement.
The source article is a short briefing and does not disclose additional terms, such as deal structure, financing, or expected closing timeline. Further detail on the transaction would need to be confirmed through subsequent reporting or regulatory disclosures.
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