June 2019: Emerton acted as strategic advisor for ICG in the acquisition of Ocea Smart Building

June 2019 – ICG entered into exclusive negotiations for the acquisition of OSB from InfraVia

Headquartered in Paris, OCEA Smart Building (“OSB”) is a leading player in the French market for smart metering infrastructure, with more than 3 million water and heat sub-meters installed.

The Group provides a comprehensive range of services enabling a greater control of water and heat consumption by its customers, including installation & rental of sub-meters, reading & data collection, maintenance, as well as value-added auxiliary data management services. Since early 2019, OSB has expanded its activities into the installation, rental and management of Electric Vehicles Charging Stations. OSB operates across 27 operating sites in France with over 450 employees.


ICG was advised by DC Advisory (M&A), Emerton (strategy), AyacheSalama (legal), Accuracy (finance), and PwC (legal audit).