Servelec Technologies provides remote telemetry units, secure SCADA systems and business optimisation software to the water, oil & gas, transport, communications and other industries. The two businesses will be led by David Frost, MD of Servelec Technologies, who said “The Servelec Technologies management team and Laurel Solutions are firmly committed to continued investment in Primayer’s people and solutions so that together we may grow and develop our combined range of complementary products and software services for all our customers in markets around the world.”
“It has always been important that Primayer strives to develop new products and services using the latest industrial technology in order to meet the changing and longer-term needs of our customers,” said Roger Ironmonger, Primayer MD, who is retiring, but will stay associated with the business during the transition period as a special advisor. “The opportunity of a merger with Servelec Technologies is an ideal fit for our complementary products, and an opportunity not to be missed for Primayer to become part of a larger organisation. The combination puts Primayer in a stronger position to invest in technology for solving the world’s urgent water network supply and water loss reduction challenges and will enable us to better develop a strong, global market position.”
Roger Ironmonger added, “We are excited for our valued staff. They will be working with a talented Servelec team, who share our commitment to bringing to market innovative solutions which will drive substantial global growth.”
About Servelec Technologies
Servelec Technologies is a market-leading provider of remote monitoring systems, secure SCADA systems, and business optimisation software providing complete end-to-end automation and optimisation solutions to clients around the world.
Servelec Technologies is headquartered in Sheffield, UK with offices in Melbourne, Australia, Waterloo, Belgium, Calgary, Canada and Abu Dhabi, United Arab Emirates. For more than 40 years, the Company’s hardware and software products, systems, and consultancy services have been trusted by the world’s leading companies across sectors such as water & waste management, oil & gas, transportation, communications & broadcast, and energy. Servelec Technologies delivers efficiency savings to customers by creating systems that collect, communicate, and exploit data. Servelec Technologies is a subsidiary of Laurel Solutions.
Learn more at www.servelectechnologies.com.
About Laurel Solutions
Laurel Solutions works with leading businesses to grow the smart use and development of industrial technology. Its companies provide commercial and industrial hardware, software, and connectivity solutions that improve productivity, safety, and environmental performance. Laurel Solutions is backed by FFL Partners, allowing it to draw on the resources of a renowned private equity firm while maintaining the nimbleness of a start-up.
Learn more at www.laurelsolutions.com