Water Investor’s Monthly February 2026

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:

Combining direct measurements with artificial intelligence methods, the new Princeton University and the University of Arizona map estimates groundwater depth across the continental United States at a resolution of around 30 meters (98 feet). – PHYS

Recent Market News:

• New research from the UN has shown that the world has entered an era of global “water bankruptcy,” as irreversible damage experienced by water systems has pushed many basins around the world beyond recovery. – ABC News
• As the snow drought in the western United States continues, already contentious negotiations about allocating water along the Colorado River continue. – CNN Climate
• Federal and industry analyses compiled by the Energy Department and Lawrence Berkeley National Laboratory project that hyperscale facilities alone will consume between 16 billion and 33 billion gallons of water annually by 2028. – Forbes

Transactions:

• 1/26/2026: Core & Main closed its previously announced acquisition of Pioneer Supply, a distributor of water, wastewater and storm drainage products. – Core & Main
• 1/20/2026: Sylmar Group, a provider of industrial water treatment solutions, acquired Atlantic Water Management, a provider of water treatment services throughout the New England region. – Business Wire
• 1/15/2026:  The Colt Group, a provider of on-line industrial leak repair and specialty mechanical solutions, acquired Watertap, a provider of water line intervention services. – GlobeNewswire
• 1/9/2026: Kemira, a leader in sustainable chemical solutions for water-intensive industries, completed its $10 million acquisition of AquaBlue, a provider of wastewater and industrial water treatment services. – Kemira
• 1/6/2026: MLC completed its acquisition of Burnett, a technical leader in lime slurry, systems and services primarily utilized in water treatment. – MLC

Deep Dive:
Water Cooperation is Under Threat – Circle of Blue

Other Media:
Water Runs on Power: The Energy Lever Utilities Can’t Ignore – 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. Visit our website: Industria Partners