On 3 February 2023, U.S. private equity firm J.F. Lehman & Company announced the formation of PURIS, a vertically integrated provider of trenchless pipeline rehabilitation technologies and services for the water, wastewater, and stormwater industry. The formation of PURIS comes as trenchless technologies are receiving increased attention from stakeholders across the water sector.
In this Research Note:
- Lehman’s acquisitions pave way for trenchless market growth
- Private equity sees opportunity in pipe rehabilitation and maintenance markets
- Private equity exits on the horizon as trenchless market matures