• Sale of Sentec Limited to Sensus Inc

    BUSINESS SALE

Sentec Limited, the award-winning developer of electronics and sensor technologies, has been acquired by Sensus Inc.

Sentec, based in Cambridge, UK, has a strong history developing and licensing their own Intellectual Property. Their expertise in mechanical engineering and embedded firmware development serves 3rd party customers in the smart grid, smart building and connected consumer industries.

Sensus, headquartered in Raleigh, North Carolina, helps a wide range of public service providers, including Utilities and Cities, do more with their infrastructure to improve quality of life in their communities.

Acuity worked with Sentec to secure the cross-border sale to Sensus.

“Q Advisors and Acuity Advisors managed our first-ever fundraising process with a high degree of professionalism and swiftness, casting a wide net and leveraging their longstanding senior-level relationships with institutional VCs and growth equity investors in the US and Europe to deliver a successful outcome for Innoveo. Their team’s knowledge of underlying technology, SaaS subscription models, and insuretech/fintech vertical was exactly what we were looking for to position Innoveo with growth equity investors. Their senior staff worked closely with my team to articulate Innoveo’s differentiation against a fragmented market backdrop and exhibit Innoveo’s unique technological, commercial, and financial attributes that made us stand out from the pack. This funding puts Innoveo on a path to accelerate growth and I look forward to continuing to work with Q and Acuity in the future.”

AMIR GHAFFAR | CEO
Innoveo

Team Members

THOUGHTFUL SUB HEADLINE GOES HERE.

SUBSCRIBE TO SUCCESSES UPDATES