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.
This quarterly review highlights key trends, notable transaction details, and shifts impacting the competitive landscape. Included in this quarterly report is a brief overview of select companies and their current and projected positioning within the industry. The data collected in this analysis is also presented in Bluefield’s Data Navigator, an interactive online data platform that allows users to filter the transactions referenced in this report.
