Willkie Advises FFL Partners on Sale of Ovarro to Indicor
Willkie represented FFL Partners in the sale of its investment in Ovarro, a leader in critical infrastructure technologies, to Indicor, LLC, a leading diversified industrial company specializing in mission-critical technologies across various niche markets.
On September 5, FFL announced that it agreed to sell Ovarro to Indicor, having successfully grown the company, expanded its product offerings, and entered new markets. Ovarro's suite of water management and process control solutions serves a global customer base, enhancing customers' operational efficiency, data analytics, and sustainability. The transaction is subject to required regulatory approvals.
FFL Partners is a leading middle-market private equity firm that has been investing in high-quality companies since 1997.
The Willkie team was led by partners Neil Townsend, Philip Coletto and Thomas Spencer.