{"_id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAgJ7Kkq0IDA","lastupdate":"2020-11-18T00:00:00.000Z","update_date":"2020-11-18T00:00:00.000Z","lastModified":"Sep 21, 2024","active":1,"confidence_score":91,"confidence_score_reason":"funding rounds, markets, not claimed","urlname":"miya","minimal_profile":null,"status":"Acquired","fullstatus":"Acquired by Bridgepoint Capital on Jan, 2019","acquired":1,"hide_reason":"aOIaOiiqfpA8UMw6VCTh8ueRmkG3lzDy1NGqEOaJbe11OrCzMTCCd6","hide_reason_data":{"reason":"The company is a service provider","visible":0},"hide_reasons":[{"id":"8257rxn4P8EFQOmS5hAAauHyYMhhxrA5u6yWX4XUShpybX3AMNo3Y9","reason":"Pending approval - External entity"},{"id":"aOIaOiiqfpA8UMw6VCTh8ueRmkG3lzDy1NGqEOaJbe11OrCzMTCCd6","reason":"The company is a service provider"},{"id":"ddgjKuc3GgH8E5UehSVJviRl471BCajL1plO8HtGoOojy2NivYqQ7x","reason":"Owner asked to delete"},{"id":"EjOKM211H1ira9J63oaGPuUxvr7Oba55TZo3NWsFO5uhbNu7o4x4zD","reason":"The company is not Israeli"},{"id":"J7fQJtnT3GdWWSE3MD8rzaW65LJ4jEIKxSZnneQiReONdZjG3zIqWe","reason":"Owner asked to hide in the meantime"},{"id":"NxlAC3ReFb5ksiYNLp2FnUyluoJzwRCYfcF7xpTZaPM53SdWQ5kv0B","reason":"Pending approval"},{"id":"RhC1tlwXzioK0MfzBII3H2wepEfQOfKVktmdwqeqTJjGi3ZaBWUqZo","reason":"The company is not innovative"},{"id":"S0Ed46vNI6vZYVxLedANWGjas23K6hY0QdsCtiGYL7lshqIEdLV3sA","reason":"The company ceased operations in Israel"},{"id":"VTANq7bEvlsEcPjp0ghelXfShaCosgndONGjgU730aAOxXtaDIF5j3","reason":"This is a product of an existing company"}],"type":"Startup","logokey":"$jlvtAcnMj780cawnCpnu1STzKIsHJlaWZYSZDoRTtfdZNzk5hefmZ1","name":"Miya","oneliner":"Urban Water Efficiency Solutions","registrar":"514097229","website":"https://www.miya-water.com/en","careerspage":"","founded_month":2,"founded_year":2008,"formernames":[],"sociallinks":{"twitter":"","youtube":"https://www.youtube.com/channel/UCVHz_WQ3WjTi1X9hxapn-Jg","facebook":"https://www.facebook.com/MiyaJamaica","linkedin":"https://www.linkedin.com/company/1707256","instagram":"https://www.instagram.com/_supportmiya_/?hl=en"},"social":["https://www.instagram.com/_supportmiya_/?hl=en","https://www.youtube.com/channel/UCVHz_WQ3WjTi1X9hxapn-Jg","https://www.facebook.com/MiyaJamaica","https://www.linkedin.com/company/1707256"],"flattenedsociallinks":"https://www.instagram.com/_supportmiya_/?hl=en|https://www.youtube.com/channel/UCVHz_WQ3WjTi1X9hxapn-Jg|https://www.facebook.com/MiyaJamaica|https://www.linkedin.com/company/1707256","apps":{"appstore":"","googleplay":""},"is_claimed_by_owner":null,"employees":"51-200","employees_exact":121,"patent":0,"raised":0,"stage":"Acquired","public_stage":"Acquired","primary_sector_key":"agxzfmlsbGlzdHNpdGVyJAsSF0Jhc2VDbGFzc2lmaWNhdGlvbk1vZGVsGICA4Puanf0LDA","primary_sector":"Industrial Technologies","alternativenames":["Miya-water","Miya water holdings"],"about":"Miya was established by Shari Arison as part of Arison Investments with the vision of ensuring an abundance of fresh water through the efficient management of cities existing fresh water resources.\r\n\r\nThe company seeks to optimize the water supply in urban water systems worldwide. It partners with utilities to design and implement comprehensive, technology-based solutions that can improve the clients financial and operational efficiency while also enhancing customer service levels, reducing energy consumption, and lowering contamination and health risks in order to benefit people, the community, and the environment.\r\n\r\nMiyas solutions comprise an audit of the citys water system, full project planning, on-site execution, maintenance, and training. 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Miya is the largest private water operator in Portugal and provides comprehensive integrated water efficiency solutions to public and private utilities. The acquisition will support Miyas growth opportunities in water concessions and PPPs in Europe and North America, as well as the delivery of further water efficiency projects globally. Antin Infrastructure Partners will work with Miyas management team to capture the strong growth potential in the sector. The date of the event described in the article is September 10, 2020.","partners":["Bridgepoint"],"customers":null,"investors":"Antin Infrastructure Partners","confidence":9,"key_topics":["Antin Infrastructure Partners","Miya Group","water operator","acquisition","growth opportunities"],"date_of_event":"2020-09-10","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Acquisition"],"acquisition_amount":null,"structuredIssuesShow":"#Acquisition","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"TrFDsfdVhGYwJSXfI50X98HTGgeS6LPwieRU3Po6eHWXVxhIhTRMV5","news_summary":"Antin Infrastructure Partners to acquire Miya from Bridgepoint - News - Miya","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"ab27a409-44ae-4203-aa54-03f7e598706d","date":"May 25, 2020","link":"https://ewnews.com/idb-praises-miya-bahamas-water-efficiency-strategies","source":"ewnews.com","visible":1,"analysis":{"tags":"water conservation","company":"Miya Bahamas","layoffs":null,"summary":"Miya Bahamas, a company that addresses critical water retention needs, has been acknowledged by the Inter-American Development Bank (IDB) for its success in the Non-Revenue Water (NRW) Project. The project, financed mostly by the IDB, has reversed water losses in New Providence and resulted in savings of $69 million between 2013-2018. Miya Bahamas has achieved major milestones in upgrading the water utility system, including replacing faulty service connections, disconnecting illegal and dormant accounts, implementing maintenance plans, leak detection strategies, and pressure management programs. The IDB report highlights Miyas success in meeting performance-based contract terms and reducing non-revenue water levels. Despite the COVID-19 threat, Miya Bahamas is continuing to meet its work commitments and is looking forward to expanding its success throughout the Caribbean.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["Water conservation","IDB report","Non-Revenue Water Project","Efficiency","Success"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers"],"acquisition_amount":null,"structuredIssuesShow":"#Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"FXPpB9hk9BPEmGhj08vbBnsjeS1JkwgV49vJGgFwM0jleKh30thOm4","news_summary":"IDB praises MIYA Bahamas' water efficiency strategies","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"fe90154f-e19a-4489-ac70-5c4960e14cdb","date":"May 16, 2020","link":"https://www.thevoiceslu.com/2020/05/miya-jamaica-increases-collaborative-efforts-with-the-nwc-to-maintain-efficient-water-distribution-activities/","source":"www.thevoiceslu.com","visible":1,"analysis":{"tags":"relief supplies, water efficiency, COVID-19","company":"Miya Jamaica","layoffs":null,"summary":"Miya Jamaica is providing relief supplies to families in Jamaica during the pandemic and working with the National Water Commission (NWC) to improve water efficiency. The company is implementing the Non-Revenue Water (NRW) Reduction Programme to reduce water losses and ensure a steady flow of water to NWC customers. Miya Jamaica and NWC have designed a matrix of essential and non-essential NRW activities to prioritize worker safety and minimize contamination risks. The company has also implemented protocols to reduce the number of employees in the office and provided personal protective equipment to field workers. Additionally, Miya Jamaica is delivering hygiene supplies, food, and other essential resources to affected communities. The efforts of Miya Jamaica and NWC have resulted in the successful implementation of the Miya COVID-19 relief initiative.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["relief supplies","water efficiency","COVID-19","NRW Reduction Programme","Miya COVID-19 relief initiative"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers"],"acquisition_amount":null,"structuredIssuesShow":"#Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"sQzDJpP4jFkYNc8fqgOuoGHDYCtovpRoZpmOynbHkb4a4uLevUc0pS","news_summary":"Miya Jamaica Increases Collaborative Efforts with the NWC to Maintain Efficient Water Distribution Activities - St. Lucia News From The Voice","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"f8c0ed47-af99-40a8-a365-cc3e07f4ef93","date":"Jan 27, 2020","link":"https://www.loopjamaica.com/content/nwc-miya-jamaica-kicks-water-conservation-school-programme","source":"www.loopjamaica.com","visible":1,"analysis":{"entityGrowthIconPath":"none;"},"sentiment":null,"analysisId":"2OVsreABoQUEegmgZFZBl1209VxwR3iW6GOcWHC77GTkbGqYgWoE1p","news_summary":"NWC, Miya Jamaica kicks off Water Conservation School Programme  Loop Jamaica","analysisStructuredIssuesDisplay":"none","analysisImpactOnCompanyDisplay":"block"},{"id":"203d9b6e-ec31-4e3f-9479-129e6b0af22d","date":"Jan 28, 2019","link":"http://en.globes.co.il/en/article-bridgepoint-buys-arisons-miya-water-co-for-260m-1001270603","source":"en.globes.co.il","visible":1,"analysis":{"tags":"acquisition","company":"Miya","layoffs":null,"summary":"Bridgepoint has agreed to acquire Miya, the water technology investment company owned by the Arison Group, for $260 million. Miya specializes in efficiency for urban water grids and provides advanced solutions to municipal water companies worldwide. This acquisition is part of a larger selloff of assets by Shari Arison, the Israeli billionaire. Previously, Arison sold Salt of the Earth real estate company and Shikun uBinui Holdings Ltd. Arison has also exited from Bank Hapoalim. The sale of Miya marks another divestment for Arison.","partners":null,"customers":null,"investors":"Bridgepoint","confidence":9,"key_topics":["Bridgepoint","Arison Group","Miya","water technology","efficiency"],"date_of_event":"January 28, 2019","valuation_amount":null,"impact_on_company":"growth-negative","investment_amount":null,"structured_issues":["Acquisition"],"acquisition_amount":"$260 million","structuredIssuesShow":"#Acquisition","entityGrowthIconPath":"url(/assets/circle-red.svg);"},"sentiment":"growth-negative","analysisId":"8mklEtb97l9Q8cU4TVLwWhbbWAN5OZ0IHhzrA2lc4QZtFGrKGWUUUa","news_summary":"Bridgepoint buys Arison's Miya water co for $260m","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"be444b6c-f21d-4571-9bdf-e25a84be7085","date":"Mar 15, 2018","link":"http://jamaica-gleaner.com/article/news/20180315/nwc-reduces-loss-potable-water-during-transmission","source":"jamaica-gleaner.com","visible":1,"analysis":{"tags":"water, potable water, NRW, infrastructure","company":"National Water Commission (NWC)","layoffs":null,"summary":"The National Water Commission (NWC) has hired Miya Water Company from Israel to help reduce the amount of potable water lost during transmission. The NWC has reported a marked reduction in leaks in certain areas since working with Miya. The US$42.5-million Non-Revenue Water (NRW) Co-Management Project, funded by the Inter-American Development Bank, aims to improve the NWCs performance and maximize water income. The project involves auditing the NWC network to determine the situation with NRW and how to reduce it to about 30% within five years. The NWC president stated that the work being carried out may cause disruptions but is ultimately for the benefit of customers. The partnership agreement with Miya Water Company is expected to end in 2020.","partners":["Miya Water Company"],"customers":null,"investors":null,"confidence":8,"key_topics":["potable water","non-revenue water","infrastructure","partnership","improvement"],"date_of_event":"2018-03-14","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers"],"acquisition_amount":null,"structuredIssuesShow":"#Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"EBMoC4TAblpd0dHxOmZXnCs0sTfrzJ0ho11mqHbFeiBRn1eiIJwiXY","news_summary":"NWC reduces loss in potable water during transmission","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"8cbd9adb-c71d-4eca-84b3-b625f6703405","date":"Mar 1, 2016","link":"http://www.bahamaslocal.com/newsitem/146753/IDB_partnership_results_in_substantial_nonrevenue_water_reduction_in_The_Bahamas.html","source":"www.bahamaslocal.com","visible":1,"analysis":{"tags":"water supply","company":"Water and Sewerage Corporation (WSC)","layoffs":null,"summary":"The Water and Sewerage Corporation (WSC) in The Bahamas has partnered with the Inter-American Development Bank (IDB) to improve the efficiency and quality of water supply. The IDB awarded a loan of $81 million to the WSC in 2011, resulting in various improvements, including the reduction of non-revenue water (NRW) wastage. MIYA Bahamas, contracted by the WSC, has exceeded its target goals in reducing water losses in New Providence. The project involves leak detection, infrastructure improvements, and a water efficiency education program. Over one billion gallons of water have been saved, resulting in a savings of $6.5 million. The IDB loan has also contributed to the strengthening of the WSC as an institution. The partnership aims to save over 10 billion gallons of water and reduce energy consumption over a ten-year period.","partners":["Inter-American Development Bank (IDB)"],"customers":null,"investors":null,"confidence":8,"key_topics":["Water supply","Non-revenue water","Efficiency","Partnership","IDB loan"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners","Customers"],"acquisition_amount":null,"structuredIssuesShow":"#Partners  #Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"htDV3rSfHGGrpKRG60XoeCxJePlxN9TgaNa1YW6QDjEbnptO0pZPMG","news_summary":"IDB partnership results in substantial non-revenue water reduction in The Bahamas  Nassau / Paradise Island, Bahamas  Bahamas Local News - Nassau / Paradise Island, Bahamas","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"c8736b20-3bd3-455f-a84c-2f4416470baa","date":"Jul 9, 2015","link":"http://www.prnewswire.com/news-releases/miya-signs-a-water-efficiency-project-estimated-at-425m-in-jamaica-300111164.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"water efficiency","company":"Miya","layoffs":null,"summary":"Miya, a subsidiary of Arison Investments, has signed a $42.5M contract with the National Water Commission of Jamaica to improve the efficiency of its water systems in the Kingston & Saint Andrew area. The 5-year co-management project aims to reduce non-revenue water and save over 70 million liters of fresh water per day. The project is fully funded by the Inter-American Development Bank and includes performance-based fees. Miya is already active in the Caribbean, running a 10-year project in the Bahamas that has resulted in significant water savings. Miya plans to involve the local community in water conservation education programs.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["water systems","non-revenue water","efficiency","partnership","water conservation"],"date_of_event":"July 9, 2015","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners","Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Partners  #Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"mRfyJlJX6xr3JS2fKtyQRycZXQsAQRIwXzfVzLTdk7igoYPakO97TL","news_summary":"Miya signs a water efficiency project estimated at $42.5M in Jamaica","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"}],"newsNumber":8,"techcommunityinvolvement":null,"mediagallery":[{"id":"b7b331ae-f12c-4077-b6b6-1a66fd910ea4","timestamp":"2020-11-17 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