Aurora Capital Partners has acquired Anova, a leading provider of Industrial Internet of Things (IIoT) solutions, to leverage its advanced asset monitoring capabilities and accelerate growth in the rapidly expanding IIoT market.

Information on the target

Aurora Capital Partners has successfully acquired Anova, a leading global provider of Industrial Internet of Things (IIoT) solutions. Anova specializes in remotely monitoring and managing industrial assets across various sectors, including industrial gas, propane, fuels, lubricants, and chemicals. The company offers a comprehensive suite of solutions that includes proprietary hardware, managed connectivity services, and a cloud-based software platform designed for forecasting, scheduling, routing, data analytics, and business intelligence. Anova currently monitors over 1.8 million assets for more than 2,000 customers in over 80 countries.

The advanced monitoring solutions provided by Anova enable customers to enhance asset management, reduce operational costs, and improve equipment reliability. With a strong focus on innovation and customer service, Anova has established itself as a trusted partner in the industrial sector, delivering critical insights that drive operational efficiency and performance.

Industry overview in the target’s specific country

The Industrial Internet of Things (IIoT) sector is experiencing rapid growth, driven by the increasing demand for automation and data-driven decision-making across industries. In the United States, the IIoT market is projected to expand significantly as companies seek to en