Deal

ITRON, INC. acquires Locusview, Ltd.

January 2026 full acquisition ready

Snapshot

ITRON, INC. acquired Locusview, Ltd. for $525 million (preliminary) in January 2026. The transaction was structured as all cash (Share Purchase Agreement; funded through cash on hand). Locusview, Ltd. is a United States and Israel-based Digital construction management / utility SaaS business.

Acquirer
ITRON, INC.
Target
Locusview, Ltd.
Value
$525 million (preliminary)
Date
January 2026
Type
full acquisition
Status
ready
01 Scorecard

The deal at a glance

Private-market deal
ITRON, INC. acquires Locusview, Ltd.
Deal value
$525 million (preliminary)
Sector
Digital construction management / utility SaaS
Date
January 2026
VectorShift
Made on VectorShift

About this deal

ITRON, INC. acquired Locusview, Ltd. for $525 million (preliminary), a transaction completed in January 2026, structured as all cash (Share Purchase Agreement; funded through cash on hand).

Locusview, Ltd. operates in Digital construction management / utility SaaS, is based in United States and Israel. Locusview, Ltd. and subsidiaries was a privately held utility-focused software and services company based in the United States and Israel. Its scalable SaaS digital construction management platform helps critical infrastructure providers improve the productivity and management of construction projects, expanding Itron's Resiliency Solutions offerings.

Locusview's digital construction management platform further expands Itron's Resiliency Solutions offerings to our customers. Given the need to dramatically increase grid build out and the efficiency of operations, the combination of Itron and Locusview creates an exciting platform for the future.

Construction-management SaaS positions Itron to capitalize on accelerating grid build-out, deepening the new Resiliency Solutions segment. Itron Resiliency Solutions segment

Locusview's digital construction management platform further expands Itron's Resiliency Solutions offerings to our customers. Locusview's scalable SaaS based business is purpose-built and helps critical infrastructure providers improve the productivity and management of construction projects.
Tom Deitrich, President and CEO, Itron, Inc.
Advisors not disclosed

No advisory firms have been disclosed for this transaction.

Sources Press releaseSEC filing Last updated

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