Deal
Watts Water Technologies acquires I-CON Systems Holdings, LLC
January 2025
Full acquisition
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The deal at a glance
Private-market deal
Watts Water Technologies acquires I-CON Systems Holdings, LLC
Deal value
approximately $70.7 million (final net purchase price)
Sector
Americas
Date
January 2025
VectorShift
Made on VectorShift
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.
I-CON is headquartered in Oviedo, Florida, and is a designer and manufacturer of intelligent plumbing controls, addressing the unique challenges of water management in correctional facilities.
Watts Water FY2025 10-K, Acquisitions note
Advisors not disclosed
No advisory firms have been disclosed for this transaction.