Miya is a global leader in efficiency-oriented water operations, specializing in comprehensive solutions for water utilities, including water efficiency, commercial management, and water treatment. The company is dedicated to enhancing the financial and operational performance of its clients by implementing innovative water management strategies. Miya serves over 1.4 million people across Europe, the Caribbean, and Africa through various engagement models.
Key Strategic Focus
Miya's strategic objectives center on reducing non-revenue water (NRW) and optimizing water distribution networks. The company employs cutting-edge technologies and methodologies to design and implement solutions that significantly improve clients' financial and operational efficiency. Miya's primary markets include Europe, the Caribbean, and Africa, where it delivers water and wastewater services through diverse engagement models.
Financials and Funding
Founded in 2008, Miya has undergone several financing rounds, including a secondary private offering. In 2019, the company was fully acquired by Bridgepoint Capital, a leading European middle-market private equity firm with €28.2 billion of committed funds. This acquisition has bolstered Miya's capacity to invest in advanced technologies and expand its global footprint.
Technological Platform and Innovation
Miya distinguishes itself through proprietary technologies and innovative methodologies aimed at reducing water loss and enhancing system efficiency. The company utilizes advanced pressure management systems and cutting-edge technologies to optimize water distribution networks. Miya's approach combines operational excellence with financial modeling to deliver cost-effective solutions tailored to the unique needs of each client.
Leadership Team
As of early 2025, Miya underwent a significant leadership transition. Noam Komy, who previously served as CEO, assumed the role of Executive Chairman, ensuring continuity in the company's long-term strategy. José Carazo, formerly the Chief Growth Officer, was appointed as the new CEO, bringing four years of instrumental contributions to Miya's growth and expansion. The executive team also includes Agustin Gómez-Moreno as Chief Financial Officer and Goncalo Delgado as Chief Operating Officer.
Competitor Profile
Miya operates in a competitive landscape with several notable companies:
- H2O Innovation: Based in Quebec City, Canada, H2O Innovation provides integrated water treatment solutions and has a workforce of approximately 1,000 to 5,000 employees.
- Huber: A private company founded in 1993 in Chippenham, England, Huber operates within the energy and utilities industry, similar to Miya.
- WCI: Established in 1983 in Somerset, England, WCI competes in the energy and utilities sector, offering services that overlap with Miya's offerings.
Strategic Collaborations and Partnerships
Miya has engaged in strategic collaborations to enhance its market position and service offerings. Notably, the company acquired Indaqua, Portugal's largest private water operator, managing seven utilities and serving over 600,000 people. This acquisition has strengthened Miya's presence in the Iberian Peninsula and expanded its operational capabilities.
Operational Insights
Miya's strategic considerations involve leveraging its expertise in water efficiency to maintain a competitive edge. The company's focus on reducing non-revenue water and optimizing distribution networks positions it favorably against competitors. Miya's ability to implement large-scale turnaround projects and its commitment to innovation serve as distinct competitive advantages.
Strategic Opportunities and Future Directions
Looking ahead, Miya aims to capitalize on opportunities for expansion in emerging markets, particularly in regions facing significant water management challenges. The company's strengths in operational excellence, technological innovation, and strategic partnerships position it to address global water efficiency needs effectively. Miya's ongoing commitment to sustainability and resource optimization aligns with global trends emphasizing environmental responsibility.
Contact Information
- Website: www.miya-water.com
- LinkedIn: MIYA LinkedIn Profile
Miya's headquarters are located in Madrid, Spain.
