# Moonfare invests in continuation fund for Wateralia acquisition

Moonfare Secondary Fund invested in Ambienta's single-asset continuation fund to acquire Wateralia, a global leader in water pump design and manufacturing. The deal involved Wateralia being sold to a combination of Ambienta Fund IV and the Ambienta Water Pumps continuation vehicle, with Moonfare investing alongside Stepstone Group and Lexington Partners.

- Type: Acquisition
- Announced: 2025-01-09
- Where: Italy
- Status: completed
- Products: water pumps
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Ambienta](https://endata.com/companies/3433.md) (acquirer)
- [Wateralia](https://endata.com/companies/9503.md) (target)
- [Moonfare](https://endata.com/companies/82207.md) (investor)
- [Mercuri Angelo Frindes](https://endata.com/companies/82917.md) (target)

## Sources

- [moonfare.com](https://www.moonfare.com/us/blog/moonfare-ambienta-wateralia), 2025-01-09: "Moonfare Secondary Fund (MSF) invested in Ambienta’s single-asset continuation fund to acquire platform company Wateralia, a global leader in the design and production of water pumps for the integrated water cycle."
- [pedb.uk](https://pedb.uk/article/mercuri-angelo-frindes-enhances-ambientas-expansion-in-refrigeration-J81AqY95LkzsKI4SWetfB), 2025-02-13: "Targeting a 12-billion-euro market driven by trends in sustainability and energy efficiency, Ambienta aims to consolidate this fragmented industry to become a leading player."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.