CurvePoint Capital is pleased to recognize the acquisition of Intellihot Inc., a leading provider of high-efficiency commercial and industrial water heating solutions, by Zurn Elkay Water Solutions.

The transaction marks an important milestone for Intellihot and represents a successful realization of an investment originally made by CurvePoint’s founders while at Aegon Asset Management. Since that initial investment, Intellihot has grown from an emerging technology innovator into a recognized industry leader serving customers across hospitality, healthcare, education, multifamily housing, and commercial real estate.

Over the course of the investment, Intellihot established itself as a pioneer in tankless commercial water heating technology, helping customers improve energy efficiency, reduce operating costs, and meet increasingly stringent sustainability objectives. The acquisition by Zurn Elkay reflects the strength of the company’s technology, market position, and long-term growth trajectory.

“We are proud to have supported Intellihot throughout its growth journey and congratulate the management team on this outstanding outcome,” said James Rich, Managing Partner of CurvePoint Capital. “This transaction highlights the value that can be created through long-term investment in innovative industrial and infrastructure-related businesses addressing critical real-world challenges.”

CurvePoint wishes the Intellihot team continued success as part of Zurn Elkay Water Solutions and looks forward to the company’s next chapter of growth.

This successful outcome reflects CurvePoint’s continued focus on identifying and supporting innovative businesses operating in essential industrial, energy, and infrastructure markets. The Intellihot investment demonstrates the value that can be created through long-term partnerships with companies addressing critical efficiency, sustainability, and operational challenges.