MOBILTEX has announced the acquisition of GCRTech. GCRTech is a UK manufacturer of field instruments for managing water networks and leak control. Canadian Business Journal

CALGARY, ALBERTA, SEPTEMBER 14, 2022 (GLOBE NEWSWIRE) — MOBILTEX Data Ltd. (Mobiltex) today announced the acquisition of GCR Tech Limited (GCRTech). New partnership combines Mobiltex’s unique strengths of his IIoT technology, manufacturing excellence, scalability and financial strength with his GCRTech’s deep expertise in pressure management, product quality, robustness and reliability .

The Mobiltex GCRTech Product Group has been newly appointed Alain Lalonde Vice President, Value Stream“GCRTech’s unique edge computing technology provides differentiation from day one to the rapidly evolving water utility segment that demands visibility into the monitoring and management of pressure and flow in water distribution networks. Combining the GCRTech platform with the innovative Mobiltex cloud-based approach to critical infrastructure monitoring, and its data analytics and machine learning technology, provides future-focused municipal operators with significant operational benefits. We are thrilled to lead this acquisition and bring together the strengths of these two impressive organizations,” said Lalonde.

Dr. Gurch Chana, Founder and Managing Director of GCRTech, commented: “This is a great result for our employees, our customers and our channel partners.”

“We are delighted to welcome the GCRTech team to the Mobiltex family. Mobiltex CEO Mark Bracken said:“With the completion of this transaction, Mobiltex will expand its footprint in the water utility sector, reduce water losses, optimize energy spending on pressurized systems, have a positive impact on GHG reductions, and reduce water supply constraints. GCR technology also enables us to develop new and unique pressure measurement and remote monitoring solutions for our key customers in the energy sector.”

About Mobiltex

Mobiltex Data Co., Ltd. [an XPV Water Partners company] Headquartered in Calgary, Alberta, Canada, is proud to serve hundreds of industrial, municipal and commercial customers around the world, with over 250,000 kilometers of pipeline assets. We provide mission-critical integrity monitoring solutions. MOBILTEX’s innovative field and cloud-connected technologies deliver significant operational, safety and ESG benefits for water utility, energy and critical infrastructure operations. As our reputation grows, we continue to invest in and expand our patented IIoT and AI/ML advancements while leveraging 5G cellular and satellite communications across our portfolio. MOBILTEX is widely recognized in the industry for innovation, reliability, and world-class service and support. For more information, see: www.mobiltex.com.

About XPV Water Partners

XPV water partner consists of experienced water entrepreneurs, operators and investment professionals dedicated to making a difference in the water industry. XPV invests in and actively supports water-focused companies to enable them to grow and deliver value to all stakeholders. For more information, see: www.xpvwaterpartners.com.

Media contact:
Jonathan Saint
Phone: 403.291.2770
Email: Media[ at ]Mobiletex[ dot ]Com

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• MOBILTEX Acquires GCRTech

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