Smartvatten Acquires AQVA.IO's LeakLook for Enhanced Water Management

Smartvatten has acquired LeakLook, a water monitoring service developed by AQVA.IO, for an undisclosed amount.

This corporate acquisition brings LeakLook's advanced leak detection and water sub-metering technologies under the Smartvatten umbrella, which is focused on enabling properties to easily manage their water data.

LeakLook provides services for larger real estate properties, including housing cooperations, industrial, and commercial estates, by monitoring main water meters and issuing alerts for leaks or usage disruptions.

LeakLook's service suite includes comprehensive water sub-metering solutions designed to meet EU legislation directives for multi-dwelling units, facilitating precise consumption tracking, invoicing, and building management.

The company primarily targets B2B clients across real estate, energy, agricultural, and industrial sectors who seek real-time water consumption insights and early leak detection.

Its core technology relies on intelligent sensors that optically read meters without altering mechanical seals, transmitting data to a cloud for processing and accessible via a mobile-ready web platform.

This strategic acquisition is set to create significant synergies for Smartvatten.

By integrating LeakLook's optical main water meter reading and sub-metering expertise, Smartvatten enhances its portfolio with robust solutions for water safety and efficiency.

LeakLook's capability to link with house automation and real estate information systems complements Smartvatten’s ambition to deliver comprehensive water data management, expanding its technological depth and market reach within the B2B property sector.

The combined entity is expected to offer a more holistic and advanced suite of water management services.

This integration will empower property owners and managers with superior tools for monitoring consumption, preventing costly water damage, and optimizing water use.

The acquisition positions Smartvatten to deliver enhanced value to customers through more precise monitoring and proactive management, contributing to both operational savings and environmental sustainability in the built environment.