Global Water Deal Flow: A Look at 2023 Water M&A, Leading Companies, and Market Outlook for 2024

24 Oct 2023
Available with corporate subscription

2023 has been a volatile year with political, economic, and environmental impacts that have rippled through the water sector, impacting M&A and deal flow. Recession jitters, the prospect of a prolonged crisis in Ukraine, and the hottest year ever recorded on Planet Earth have all been priced into the equation of valuing water assets. Water’s underlying fundamentals continue to attract a wide spectrum of investors, from private equity funds to entrenched industrial manufacturing firms. Money is more expensive these days, though U.S. and EU infrastructure funding is starting to pour into municipal markets. Deal origination is becoming more competitive, and the dynamic to position portfolios for growth is ever-changing.

In this client webcast, Bluefield water experts shared their analysis of notable acquisitions, M&A market trends, company strategies to expand market share across a variety of water sector segments (e.g., engineering firms, digital water vendors, trenchless pipe providers), and provided insight on what’s to come in 2024.

Key questions addressed by our experts:

  1. What have been the most notable water deals in 2023?
  2. How is the competitive landscape shifting across different water segments?
  3. What are the leading strategies of the most acquisitive companies in water?
  4. What issues are top of mind in 2024 for the top companies in water?

Companies Mentioned

3Bear Delaware HoldingAccentureAclara Technologies LLCAdey InnovationADSAegion Corporation / Azuria Water SolutionsAerex IndustriesAlpha Dhabi HoldingAMIANOVAApollo TechnologiesAPX10AqualiaAquaVenture HoldingsATAC SolutionsAtlas Technical ConsultantsAutodeskAvidity ScienceAxFlowAxius WaterBadger MeterBakerCorpBattenfeld-Cincinnati USABentley SystemsBJM PumpsBradley CorporationBRK AmbientalBrookfield Asset ManagementBurnt Island VenturesCalgon CarbonCanexusCH2MChemturaCIMSENSEClearlogxCore & MainCulligan WaterD&D Water & SewerDanaher / VeraltoDavey Water ProductsDelta Industrial ValvesDESOTEC Activated CarbonDiverseyDorsett ControlsDXP EnterprisesE Source Companies LLCEcosystem Technologies International IncorporatedElster GmbHEnvironmental Dynamics InternationalEOSiEQT PartnersEranoveEVACEvoqua Water TechnologiesExtraHopFerguson EnterprisesFill-RiteFlow Control GroupForterraFranklin ElectricGenesysGenesys Membrane ProductsGESTRA AGGF Piping SystemsGHK Capital PartnersGNECGreen Mountain Pipeline ServicesGriffinGrundfosH2O InnovationHaldon IndustriesHASAHays Utility South CorporationHexagon ABHIG CapitalHK Solutions GroupHPTHydro MarqueHydroMax USAIBI GroupIdeal PipeIGPImagine H2OIndustrial Air & Gas TechnologiesInfiltrator Water TechnologiesInforInframarkIngersoll RandInlinerInnovyzeINOXPA GroupIntegrated Water ServicesIowa Pump WorksIPRItalmatch ChemicalsIXOMJacobsJF Lehman & CompanyJunifer SystemsKKR & Co. Inc.Koch IndustriesKodru MooneyKurarayLakers GroupLayne Christensen CompanyLindsay PrecastLiquiForce ServicesMacaulay Controls CompanyMarloweMastergear WorldwideMazarine VenturesMeritage MidstreamMetasphereMiyaMobiltexMPCMWH GlobalNapier-ReidNational Underground GroupNational Water InfrastructureNewman Regency GroupNewterraNexomNoveda TechnologiesNuverra Environmental SolutionsOrbisOvarroOvivoPall CorporationPeak Rock CapitalPentairPGGMPlatform PartnersPremier WaterPritzker Private CapitalProActPure TechnologiesPure Water SolutionsPureTerra VenturesQUAD-CRE SustainabilityRedZone RoboticsRicci EngineeringRocket SoftwareRockwell AutomationRSK GroupSacyrSaurScadataSciens WaterSensusSERSeven Seas Water GroupShape IncorporatedSJESKion Water GmbHSmartCoverSmartvattenSolenisSouthwest Valve & EquipmentSpringbrook SoftwareSPX FlowSSP InnovationsStantecStormGuard Water Treatment Inc.SuezSundyneSynthetic MaterialsTaylor TechnologiesTechemTemasek HoldingTesco ControlsTetra TechTexelTrilliumTrimbleTriplepoint Water TechnologiesUnibloc PumpUnited Flow TechnologiesUniwaterUponorUtility PartnersUtility Service PartnersValicorValoriza ServiciosVertex OneVortex CompaniesWarren Equity PartnersWaterFleetWaterline Renewal TechnologiesWilliam R. HagueWind Point PartnersWind River EnvironmentalWSP GlobalXPV Water PartnersXylemZCL Composites

Related Podcast

5 Sep 2023  |  Episode #77 with Ethan Edwards

Aegion Adds More Deals to the List 

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