FLOWA TECHNOLOGY acquired by NORDIC CAPITAL
Context
Nordic Capital has entered into an agreement to acquire Flowa from Vestum, marking a significant milestone in Flowa's development and aligning with Nordic Capital's strategy to invest in businesses that provide critical services within essential infrastructure. The rationale behind the transaction is largely driven by the highly favorable market outlook for water and wastewater management in Northern Europe and the UK. Following decades of underinvestment, water infrastructure is facing increasing modernization needs to address population growth, aging networks, and heightened environmental requirements. Notably, the UK is embarking on its largest-ever investment cycle in the water sector, with over £100 billion in infrastructure spending expected in the coming years. In this context, Flowa is well-positioned to capitalize on its strategic expertise in pumping, monitoring, and rapid response solutions, enabling operators to minimize service disruptions and prevent accidental sewage spills. The company operates in both network modernization projects and emergency situations requiring immediate response. The acquisition also reflects the growing interest among investors in businesses exposed to environmental challenges and essential infrastructure, highlighting the increasing importance of sustainable and resilient infrastructure solutions.
FLOWA TECHNOLOGY, which reported an EBITDA margin of LOGIN in 2026, is valued in this transaction at an EV/EBITDA multiple of LOGIN.
Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.
Target
Flowa is a specialized provider of engineering solutions for water and wastewater infrastructure in the UK and Nordic countries. The company operates through several specialized subsidiaries that work closely with water utility operators, wastewater treatment plants, and critical hydraulic infrastructure owners. Flowa offers a comprehensive suite of services covering design, deployment, operation, and maintenance of temporary or permanent solutions to ensure network continuity. Its services include temporary pumping systems, remote monitoring and control technologies, pumping station services, and various water treatment solutions. These services enable operators to maintain their infrastructure during maintenance, modernization, or emergency situations. Flowa plays a critical role in preventing environmental incidents related to wastewater network failures. In the event of disruptions, the company's teams can respond quickly to restore water and wastewater flows before significant environmental or operational consequences occur. With a fleet of over 3,000 submersible and surface pumps, as well as proprietary monitoring technologies, Flowa provides real-time supervision of installations. Its technical expertise, 24/7 response capability, and strategic positioning on critical infrastructure have enabled the company to build long-term relationships with major water sector operators.
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Historical Financials (SEK)
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REFERENCES
Valuation range: EV 3b - 100b SEK
Revenue range: 1b - 3b SEK
EBITDA range: 250M - 500M SEK
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Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).
Press release: view release
Target: flowa technology
Acquirer: nordic capital