Ijinus has been sold to Groupe Claire, a portfolio company of GIMV. Ijinus (www.ijinus.com) specializes in the development of measurement systems, autonomous and connected recordings for monitoring applications, particularly in the water sector, for companies private water, communities and industrial customers. Ijinus employs about thirty employees, including highly recognized technical and R&D teams.

Groupe Claire (www.groupe-claire.com) designs, develops and supplies equipment and solutions for drinking water networks. The acquisition enables Groupe Claire to strengthen its communicating products business, which is today critically sized, with a complete offering based on acoustic measurement, remote control, measurement, analysis and data collection, and form an important and powerful skills center based on the complementary know-how of Ijinus and Groupe Claire companies.

EC M&A acted as exclusive financial advisor to the shareholders of Ijinus on this transaction.