Capstone Headwaters, now Capstone Partners, advised Sedaru, Inc. (Sedaru), a leading provider of water utility management software, on its sale to Aquatic Informatics, a subsidiary of Danaher.
Headquartered in San Dimas, California, Sedaru delivers its turnkey software-as-a-service (SaaS) application for critical water infrastructure asset management and real-time monitoring of water system operations. Sedaru streamlines workflows across the utility enterprise, unifying disconnected systems, and extending the useful life of water and wastewater system assets such as pipes, valves, pumps, and more.
Capstone successfully managed the balance of identifying the right partner for Sedaru to accelerate our growth, while maximizing shareholder value, consistently taking these equal factors into consideration with every decision. This, augmented by the technical strengths to support our process with the understanding of our utility industry, made Capstone a perfect fit.
“We are thrilled to be joining Aquatic Informatics and the Danaher Water Quality platform,” said Paul Hauffen, CEO of Sedaru. “We launched Sedaru as the industry’s first digital twin for water, validating the market opportunity for organizational workflow and event management software. Today, and together with Aquatic Informatics as the market leader in water system data management and regulatory compliance software, we will add value to existing customers, while expanding our market reach with greater depth and resources. We’re excited to accelerate Sedaru’s product plan, strengthen our ability to address regulatory requirements for existing and future customers, and realize Sedaru’s potential at-scale with Aquatic Informatics.”
“It has been a pleasure to witness Sedaru’s successes and to work closely with Paul Hauffen and his highly talented management team,” remarked Ted Polk, the Capstone Managing Director who co-led the transaction. Co-lead on the transaction, Managing Director David Michaels added, “The Sedaru team has built a leading SaaS platform within the digital water space and it was rewarding to work with Paul and the team to help unlock the strategic value of what they have built.”
Kevin Klau, Danaher Vice President and Group Executive, Water Quality platform, said “We want to congratulate and welcome Paul Hauffen and the team at Sedaru. Uniting Sedaru, Aquatic Informatics and Hach’s Claros solutions will help the Danaher Water Quality platform provide step-change value to our water utility customers. We will now offer asset and event management solutions to help customers manage aging water system infrastructure along-side our existing portfolio of operations and compliance software solutions. Ultimately, bringing Sedaru into our organization accelerates our ability to help our customers save money, improve asset performance and reduce risk across their entire enterprise.”
“I am pleased to welcome Paul Hauffen and the Sedaru team,” said Ed Quilty, President of Aquatic Informatics. “Sedaru has developed a modern, real-time network intelligence solution that takes water utilities from reactive to preventative operations, and ultimately to predictive asset management in their drinking water and wastewater networks. Pipes, pumps and valves fail, and they are typically under roads, which makes emergency repairs disruptive and expensive. Sedaru gives instant access to key infrastructure information in one easy-to-use interface, providing field maintenance and response crews with efficient and effective plans.”