Watts Water Technologies acquires I-CON Systems Holdings, LLC
Snapshot
Watts Water Technologies acquired I-CON Systems Holdings, LLC for approximately $70.7 million (final net purchase price) in January 2025. The transaction was structured as all cash (membership unit purchase, cash on hand). I-CON Systems Holdings, LLC is a Oviedo, Florida, USA-based Americas business.
- Acquirer
- Watts Water Technologies
- Target
- I-CON Systems Holdings, LLC
- Value
- approximately $70.7 million (final net purchase price)
- Date
- January 2025
- Type
- full acquisition
- Status
- ready
The deal at a glance
About this deal
Watts Water Technologies acquired I-CON Systems Holdings, LLC for approximately $70.7 million (final net purchase price), a transaction completed in January 2025, structured as all cash (membership unit purchase, cash on hand).
I-CON Systems Holdings, LLC operates in Americas, is based in Oviedo, Florida, USA. Oviedo, Florida-based designer and manufacturer of intelligent plumbing controls addressing the unique challenges of water management in correctional facilities.
No advisory firms have been disclosed for this transaction.