Water Investor’s Monthly January 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:

A U.S. Environmental Protection Agency needs survey estimated that it would take $1.6 trillion to upgrade drinking water infrastructure alone. – Governing

Recent Market News:

• FrontRange H2O, a private development company, is investing $150 million in a plan to harvest groundwater lying beneath northern Colorado ranches to serve fast-growing towns along the front range. – Water Education Colorado
• Colorado River Basin states remain at an impasse over how to cut their water use as Lake Mead and Lake Powell verge on record lows. – Inside Climate News
• The U.S. House of Representatives passed the Promoting Efficient Review for Modern Infrastructure Today Act, addressing multiple issues surrounding the CWA’s implementation, including the consideration of technological feasibility for pollutant controls, permitting delays, and state overreach in water quality certification. – Beveridge & Diamond

Transactions:

• 12/16/2025: The Colt Group, a provider of on-line industrial leak repair solutions, acquired Garrison Enterprise, a provider of critical line intervention services. – GlobeNewswire
• 12/16/2025: Vital Lyfe raised $24 million, led by Interlagos and General Catalyst, to accelerate production of its portable, intelligent water-making systems. – Tech Funding News
• 12/15/2025: Apex Companies acquired AquaWorks DBO, a civil and environmental engineering firm that creates small-scale water and wastewater treatment systems. – Apex Companies
• 12/9/2025: Fort Point Capital completed the sale of its investment in Jones Lake Management, a science-based provider of pond and lake management services, to funds managed by Leonard Green & Partners. – Fort Point Capital
• 12/8/2025: United Flow Technologies, a distributor and solutions provider serving the municipal and industrial water and wastewater treatment markets, received a strategic growth investment from Berkshire Partners. – United Flow Technologies
• 12/3/2025: DXP Enterprises acquired Pump Solutions, a distributor of pumps, controls, and related service & repair focused on serving the water and wastewater industry. – DXP 

Deep Dive:
The Year in Water, 2025 – Power Shift – Circle of Blue

Other Media:
Year-End Water Check: AI’s Thirst, Aging Infrastructure, and 2026 Contrarian Bets – 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