Industry Insights
Our Industry Insights provide deep-dive analyses into global water topics, including water infrastructure, industrial water management, digital solutions, and more. Reports are available for purchase (through our Report Store) or with a Corporate Subscription.
Quarterly Review + Data
Water Mergers & Acquisitions: Trends and Deal Flow, Q2 2025
The water sector entered a more cautious M&A environment in 2025, with only 71 deals recorded in the first half of the year—down from 202 in H1 2024. This contraction reflects a broader hesitancy among strategic buyers, driven by equity market turbulence, sluggish economic growth, and increased regulatory uncertainty.
Available with corporate subscription
Need Help?
Looking for something specific or a corporate subscription? Get in touch
U.S. Private Water: Key Trends, M&A Activity, and Market Outlook Q3 2021
Given its record-breaking number of acquisition approvals, the second quarter of 2021 demonstrates continued growth in M&A for water & wastewater utilities. At this rate,...
16 Sep. 2021
Quarterly Review
Analysis and insights of previous quarter water market activity, trends, and events.
U.S. Private Water: Key Trends, M&A Activity, and Market Outlook, Q4 2021
Despite fewer third-quarter approvals than initially anticipated, 2021 is still on track to become the most active year in terms of utility acquisitions in the...
5 Dec. 2021
Quarterly Review
Analysis and insights of previous quarter water market activity, trends, and events.
U.S. Private Water: Key Trends, M&A Activity, Market Outlook, Q2 2022
Following an unprecedented 75 acquisition approvals in the final quarter of 2021, the first quarter of 2022 started off at a slower pace with 31...
10 May. 2022
Quarterly Review
Analysis and insights of previous quarter water market activity, trends, and events.
U.S. Private Water: Key Trends, M&A Activity, and Market Outlook, Q3 2022
Since the start of 2022, several deals have surfaced in which a midsized-to-large local player is fully divesting its water and wastewater business to a...
30 Aug. 2022
Quarterly Review
Analysis and insights of previous quarter water market activity, trends, and events.
U.S. Private Water: Key Trends, M&A Activity, and Market Outlook, Q1 2023
As the U.S. rolls out new regulations for per- and polyfluoroalkyl substances and other pollutants, utilities are looking at increased capital investments. These trends—coupled with...
15 Feb. 2023
Quarterly Review + Data
Analysis and insights of previous quarter water market activity, trends, and events. Data access available to Data Navigator seat holders.
U.S. Private Water: Key Trends, M&A Activity, and Market Outlook, Q2 2023
Investor-owned utility M&A trends continue into 2023 as stakeholders prep for looming policy changes. With the EPA's recent proposed regulations for six per- and polyfluoroalkyl...
2 May. 2023
Quarterly Review
Analysis and insights of previous quarter water market activity, trends, and events.
U.S. Private Water: Key Trends, M&A Activity, and Market Outlook, Q3 2023
M&A activity picks up among leading IOUs after a slow start to 2023. Private water deal flow increased during Q2 following a quieter first quarter,...
19 Sep. 2023
Quarterly Review + Data
Analysis and insights of previous quarter water market activity, trends, and events. Data access available to Data Navigator seat holders.
U.S. Private Water: Key Trends, M&A Activity, and Market Outlook Q2, 2020
The first quarter of 2020 signals increasing opportunities for growth across the U.S. private water market as water & wastewater systems contend with the public...
30 Apr. 2020
Quarterly Review
Analysis and insights of previous quarter water market activity, trends, and events.
U.S. Private Water: Key Trends, M&A Activity, and Market Outlook Q1 2020
This Quarterly Insight highlights key trends, transactions, and competitive shifts in the U.S. private water market. Bluefield’s team of water experts tracks company financials, mergers...
15 Jan. 2020
Quarterly Review
Analysis and insights of previous quarter water market activity, trends, and events.
U.S. Private Water: Key Trends, M&A Activity, and Market Outlook, Q4 2019
The third quarter of 2019 signals increasing opportunities for growth across the U.S. private water market. This quarterly insight highlights key trends, transactions, and competitive shifts...
22 Oct. 2019
Quarterly Review
Analysis and insights of previous quarter water market activity, trends, and events.