Water Investor’s Monthly July 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:

Global freshwater demand is projected to outstrip supply by 40% by 2030, turning water volatility into a competitiveness risk for industry, data hubs, and agriculture. – World Economic Forum

Recent Market News:

• The Senate Energy Committee held oversight hearings on the Colorado River Basin’s post-2026 operations, as collapsed state negotiations and mounting compact disputes push the basin towards litigation before the 2007 guidelines expire. – Senate.gov
• The House Transportation and Infrastructure Committee released the Water Resources and Development Act (WRDA) of 2026, a bipartisan bill addressing important water resources infrastructure needs across the country. – House Transportation & Infrastructure
• The White House announced its 2027 fiscal year budget could cut the main federal water infrastructure program by about a quarter, furthering the difficulty for small water systems’ access to financing. – Circle of Blue
• Amazon announced a series of milestones towards its water-focused sustainability goals, including reaching 75% in 2025 towards its “water positive” target to return more water than it uses in its data center operations by 2030, and more than doubling its data center water efficiency since 2021. – ESG Today

Transactions:

• 6/26/2026: Wind River Environmental (Gryphon Investors) acquired HydroTech Environmental, a provider of sludge and non-sludge hauling services. – Wind River Environmental
• 6/24/2026: Atlas-SSI (GSAM) acquired Walz & Krenzer, a provider of custom watertight closures, doors, hatches, and flood protection systems. – PR Newswire
• 6/23/2026: Azuria Water Solutions (New Mountain Capital) acquired Televac South, a provider of high-quality sewer and storm drain services. – Azuria
• 6/23/2026: Integrated Water Services (Sciens Capital Management) acquired Tetrasolv Filtration, a provider of specialized filtration, separation, and mobile media services and rentals. – IWS
• 6/17/2026: Rochester Midland Corporation (Peak Rock Capital) acquired ClarityChem, a provider of custom integrated commercial, institutional, and industrial water and process treatment solutions. – RMC
• 6/16/2026: Kemira acquired Clear Water Technologies, a provider of water treatment and testing, cooling tower cleanings, corrosions coupon monitoring and testing, and equipment design and installation. – Kemira
• 6/9/2026: Sylmar Group acquired Tower Water, a provider of water treatment services. – Business Wire
• 6/8/2026: Azuria Water Solutions (New Mountain Capital) acquired RSM Lining Supplies, a supplier of advanced cured-in-place pipe lining materials, equipment, and services. – Azuria
• 6/3/2026: Impel Company (Pike Street Capital) acquired Haynes Equipment Company, a provider of water and wastewater flow control equipment, systems, and services. – Pike Street Capital
• 6/3/2026: Warren Equity Partners acquired USG Water Solutions, a provider of water asset management services. – Business Wire
• 6/2/2026: Oldcastle Infrastructure acquired Axius Water, a provider of secondary wastewater treatment and nutrient removal technologies. – Old Castle Infrastructure
• 6/1/2026: C&S Chemicals (Shoreline Equity Partners) acquired Aquaphase, a provider of cooling tower and boiler water treatment services and chemicals. – C&S Chemicals

Deep Dive:
Data Center Water Usage: A Comprehensive Guide – DGT Finance

Other Media:
The Water Reality in Data Center Alley – Waterloop

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