Commercial Due Diligence
Acquisition strategies in the water sector demand specialized insight into each segment’s regulatory, technological, and financial dynamics. Bluefield supports companies throughout the M&A process—from identifying targets to assessing commercial potential—providing essential due-diligence inputs that enable smooth transactions and confident investment decisions.
Client Questions
How We Help
In-depth assessment of investment targets positioning
Market opportunity quantification and prioritization strategy
Key project profiles assessment
Competitive landscape review and competitors' strategy analysis
Competitive landscape and comparative business model analysis
Growth outlook and recommendations
Project References
Bluefield has advised on a number of high-profile water-related deals including:
Warren Equity Successfully Divests USA Water
After building up USA Water as a Texas O&M services platform, Warren chose Bluefield to support its positioning of the firm for its next phase of growth. Bluefield analyzed the outlook of the Municipal Utility District market, providing forecasts for growth and an overview of recent transactions leveraging its unrivaled O&M market data platform.
H2O Innovation Take Private
Bluefield provided incisive analysis breaking down H20 Innovation's multi-faceted business model (OEM, O&M services provider, chemicals distributor) to support Ember Infrastructure's bid to acquire the firm and place it under private ownership.
Pennybacker Capitalizes Cambrian Innovation Growth
Pennybacker Capital hired Bluefield to assess Cambrian Innovation's highly fragmented, fast-growing industrial wastewater treatment market. Bluefield provided in-depth, vertical-specific analysis of market growth potential and competitive insight to give the fund confidence in its $200 million growth equity commitment to the outsourced treatment solutions player.
Platform Partners Exits Entrenched Trenchless Player Vortex
Platform Partners successfully sold trenchless pipe player Vortex Companies to Quad-C with Bluefield supporting its framing of the US market opportunity. Bluefield provided key views of the US pipe rehabilitation industry to potential investors, showing steady growth for key players such as Vortex in a consolidating market environment.
AMCS Group Taps US Market with Utility Cloud Acquisition
Leading waste management software solutions provider AMCS sought to diversify into the water and wastewater industry within its service footprint. The firm contracted Bluefield to provide a complete, structured, analytical view of acquisition targets which included New Hampshire-based Utility Cloud. Bluefield filtered, profiled, and contacted dozens of potential targets, leading to AMCS’ first move into the US water utility software market.
New Mountain Capital Builds Water Platform with Inframark
In its largest foray into the water sector, NMC contracted Bluefield to support its due diligence of this leading O&M services provider. Leveraging Bluefield's unmatched O&M contract data and market know-how to assess the value of PPC Enterprises and Alston Capital's offering, NMC closed on the deal that evolved into a key piece of the firm's larger portfolio in the water sector.
Advance your water strategy with custom research
