Water Investor’s Monthly June 2025

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: 

Expected change in investments in 2025 v. 2024 – White & Case

Recent Market News:

• The U.S. Environmental Protection Agency (EPA) is distributing $30.7 million in technical assistance grants to help small, underfunded public water systems comply with the Safe Drinking Water Act and Clean Water Act. The funds can also be used to help private well owners in rural areas improve their water quality and update small public wastewater septic systems. – The Intelligencer
• U.S. municipal capital expenditure for water and wastewater treatment infrastructure is projected to total $515.4 billion through 2035, representing a compound annual growth rate of 4.4%, according to a new report by Bluefield Research. – Bluefield Research
• As the U.S. water sector grapples with aging infrastructure and workforce shortages, new headwinds are rising — from regulatory uncertainty and growing cybersecurity threats to emerging water demands tied to artificial intelligence (AI) and data centers. The latest Black & Veatch Water Report finds that confidence in water system resiliency has weakened amid persistent concerns about aging infrastructure, affordability, and supply reliability. – Informed Infrastructure 

Transactions:

• 5/28/2025: Inframark acquired Phoenix-based Mehall Contracting, a wastewater management service provider, offering recurring service, maintenance, repairs, and installations. – Inframark
• 5/26/2025: USALCO acquired Fontus Blue, an innovative digital solutions provider for water utilities. – MarketWatch
• 5/22/2025: EQT acquired Seven Seas Water Group, a provider of sustainable water and wastewater solutions. – EQT
• 5/20/2025: Boyne Capital acquired McNish, a provider of highly engineered products for the municipal water and wastewater treatment industries. – Boyne Capital
• 5/5/2025: Rochester Midland Corporation acquired OCS Chemical Engineering, a water treatment service provider based in Cortlandt Manor, NY. – PR Newswire

Deep Dive:
Rising Tide: Growth Projections for Water Investment – White & Case

Other Media:
Big Spend, Bigger Stakes: The Next 10 Years in U.S. Water & Wastewater Treatment Infrastructure – 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