William Blair acted as the exclusive financial advisor to Ovarro, a portfolio company of FFL Partners (FFL), for its pending sale to Indicor for an undisclosed amount. The transaction is expected to close in Q4 2024.
About the Companies
Ovarro is a global leader in advanced technology solutions for critical infrastructure, specializing in water management and process control systems. With a focus on innovation and sustainability, the company provides cutting-edge technology that supports the efficiency and reliability of critical infrastructure operations.
FFL is a leading middle-market private equity firm that has been investing in high-quality companies since 1997. Based in San Francisco, FFL is a hyperspecialized, thematic investor focused on targeted areas where the firm has deep expertise and broad networks. The firm employs a proprietary sourcing and value creation strategy called the Sector Exploration and Expertise Development process. The firm aims to partner with exceptional management teams and employs a high-engagement approach to accelerate growth at its businesses. FFL currently has over $6 billion of cumulative capital commitments.
Indicor is a leading diversified industrial solutions company known for its market-leading businesses that deliver specialized, mission-critical solutions to niche markets. The company employs a disciplined, process-driven approach to capital deployment and value creation through its proprietary Indicor Business Excellence system.
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