Miya Overview
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. The 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. Miyas solutions comprise an audit of the citys water system, full project planning, on-site execution, maintenance, and training. The company has vast experience in implementing successful water efficiency projects around the globe.
Latest News
growth-positive
Antin Infrastructure Partners to acquire Miya from Bridgepoint - News - Miya
Antin Infrastructure Partners has agreed to acquire a majority interest in Miya Group, a leading global efficiency-oriented water operator, from Bridgepoint. 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.
Acquisition
growth-positive
IDB praises MIYA Bahamas' water efficiency strategies
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.
Customers
growth-positive
Miya Jamaica Increases Collaborative Efforts with the NWC to Maintain Efficient Water Distribution Activities - St. Lucia News From The Voice
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.
Customers
NWC, Miya Jamaica kicks off Water Conservation School Programme Loop Jamaica
growth-negative
Bridgepoint buys Arison's Miya water co for $260m
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.
Acquisition
| Sector | Industrial Technologies |
Funding
| Total funding | Undisclosed |
| Last funding | Undisclosed |
| Stage | Acquired |
| Rounds | 0 |
| Investors | 0 |
Team Members
2
Employees: 51-200
Web & Social Links
| Website | www.miya-water.com/en |
Locations
Sderot Sha'ul HaMelech 23, Tel Aviv, Israel
4 Marescaux Road, Kingston, Jamaica
Calle ngel Cavero, 2, Madrid, Spain
21 Rue Glesener, Luxembourg
Photos & Videos
2 item(s)
Miya Business
Business models
B2B, B2G
Product stage
Released
Employees
51-200
Sector
Agriculture & Food TechnologiesIndustrial TechnologiesTarget Customer
Energy, Utilities & Waste ManagementUtilitiesWater UtilitiesCore Technology
—Tags (11)
water-network-managementleak-detectiondata-analyticswater-distributionwatersoftware-applicationswater-loss-preventionmunicipal-waterwaste-waterdrinking-watermunicipalitiesGeographic Markets
GlobalMiya Financials
Undisclosed
Total funding
—
Capital raised
Undisclosed
Last funding
Acquired
Funding stage
0
Total rounds
0
Investors
Public Offering / Exit
MNAEvent
Sep 2020
Undisclosed
MNAEvent
Jan 2019
$260M
Miya Lifecycle
All Events
MNAEvent
Sep 2020
Undisclosed
MNAEvent
Jan 2019
$260M
Miya News
8 articles
growth-positive
Antin Infrastructure Partners to acquire Miya from Bridgepoint - News - Miya
Antin Infrastructure Partners has agreed to acquire a majority interest in Miya Group, a leading global efficiency-oriented water operator, from Bridgepoint. 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.
Acquisition
growth-positive
IDB praises MIYA Bahamas' water efficiency strategies
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.
Customers
growth-positive
Miya Jamaica Increases Collaborative Efforts with the NWC to Maintain Efficient Water Distribution Activities - St. Lucia News From The Voice
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.
Customers
NWC, Miya Jamaica kicks off Water Conservation School Programme Loop Jamaica
growth-negative
Bridgepoint buys Arison's Miya water co for $260m
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.
Acquisition
growth-positive
NWC reduces loss in potable water during transmission
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.
Customers
growth-positive
IDB partnership results in substantial non-revenue water reduction in The Bahamas Nassau / Paradise Island, Bahamas Bahamas Local News - Nassau / Paradise Island, Bahamas
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.
PartnersCustomers
growth-positive
Miya signs a water efficiency project estimated at $42.5M in Jamaica
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.
PartnersInvestment
Employee Info
| Employees (range) | 51-200 |
| Exact count | 121 |
| Team members | 2 |
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Miya Internal
Recent Updates
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Admin Info
| Confidence | 91/100 |
| Missing | funding rounds, markets, not claimed |
| BI Verification | Jenny Sotnik-Talisman |
| Registrar ID | 514097229 |
| Crunchbase | miya |
| Phone | +97237779800 |
| Creator | Yanina Wainscheinker |
| Creator email | yanina.wain@gmail.com |
| Last updater | Paul Weisko |
| Updater email | pweisko@gmail.com |
| Last update | 2020-11-18T00:00:00.000Z |
| Created | 2014-09-07T00:00:00.000Z |
| Hidden | The company is a service provider (visible: 0) |
| Status detail | Acquired by Bridgepoint Capital on Jan, 2019 |