Water Investor’s Monthly July 2024

Water Investor’s Monthly, by Industria Partners, is a review of trends and transactions in water across the U.S., including water rights, storage, transportation infrastructure, and wastewater treatment, services, and equipment.

Chart of the Month: 

Which Countries Use the Most Water Per Capita? – CFR

Recent Market News:

• The U.S. Department of the Interior and Bureau of Reclamation will send $242 million to improve water storage and clean drinking water supply in Colorado, Arizona, California, and Washington. The money is expected to develop 1.6 million acre-feet of water storage, supporting 6.4 million people per year. – Utah News Dispatch
• New York Governor Kathy Hochul announced the approval of over $300 million in financial assistance for water infrastructure improvement projects across the state. – New York State
• Colorado is forced to stop irrigating 25,000 acres of farmland in an effort to honor senior water rights and agreements with neighboring states to ensure equitable water distribution in times of decreased supply. – Colorado Sun

Transactions:

• 7/1/24: Fuss & O’Neill acquired Onsite Engineering, a water engineering company that specializes in drinking water, wastewater, and stormwater services. – Fuss & O’Neill
• 6/11/24: Azuria Water Solutions acquired Infrastructure Services Group, a firm that acquires and funds private companies that specialize in inspection, repair, and rehabilitation of water and wastewater infrastructure systems. The acquisition adds ISG partner companies Mr. Rehab, Green Mountain Pipeline Services, and Inland Waters to Azuria’s portfolio. – Azuria
• 6/3/24: Apex Companies acquired Storm Water Inspection & Maintenance Services (SWIMS), a California-based stormwater services firm. – Apex Companies

Deep Dive:
Why Investment in Water is Crucial to Tackling The Climate Crisis – World Economic Forum

Other Media:
Three Industries Shaping Industrial Water Management – The Future of Water
 

Industria Partners provides focused strategic advisory services to industrial, climate, infrastructure, and energy companies at every point across the business cycle. Through industry connectivity, transaction experience, and expert execution, Industria delivers superior outcomes to its clients.