Veolia Acquires CDPQ's 30% Stake in Water Technologies and Solutions (WTS)

Turnspire Capital Partners Acquires USG Water Solutions from Veolia

May 23, 2023

Environmental Services

Turnspire Capital Partners' affiliate has acquired USG Water Solutions from Veolia North America. Headquartered in Atlanta and Perry, Georgia, USG provides water asset management, tank maintenance, smart metering and water quality technologies across 47 states with over 450 employees; Turnspire named John C. Flaugher as CEO and will operate USG as an independent, growth-focused platform.

Veolia North America Acquires U.S. Industrial Technologies

October 31, 2023

Environmental Services

Veolia North America has completed the acquisition of U.S. Industrial Technologies (USIT), a Michigan-based provider of hazardous, non-hazardous and recyclable industrial waste management services. The deal adds USIT's main operations in Livonia, Michigan and an operation in Knoxville, Tennessee, bringing more than 70 employees into Veolia's Environmental Solutions and Services division and expanding its hazardous waste treatment capacity and U.S. market share.

Xylem Inc. Acquires Evoqua Water Technologies

May 24, 2023

Utilities

Xylem Inc. completed the acquisition of Evoqua Water Technologies in an all-stock transaction valued at approximately $7.5 billion, creating the world’s largest pure-play water technology company. The combined company has pro forma revenue of roughly $7.3 billion and more than 22,000 employees globally; the transaction is expected to deliver significant cost synergies and expands Xylem's advanced treatment and services capabilities across municipal and industrial end markets.

Flotilla Partners Acquires Water Treatment Technologies of Florida

August 6, 2024

Environmental Services

Flotilla Partners, an Osceola Capital portfolio company, has acquired Water Treatment Technologies of Florida (WTT), a provider of residential and commercial water treatment services founded in 2004 and headquartered near Orlando, FL. The deal — Flotilla's eighth since the platform launched in January 2023 — expands Flotilla's presence and density across key Florida markets including Orlando, Tampa and Jacksonville.

Veolia Acquires Multiple Hazardous Waste Firms to Expand Global Treatment Capacity

June 26, 2025

Environmental Services

Veolia (via its Veolia North America unit) announced the acquisition of three U.S. hazardous-waste companies—New England Disposal Technologies, New England MedWaste and Ingenium—alongside additional tuck-ins in Japan (Zeeklite Co. LTD) and Brazil (Alagoas Ambiental). The deals form part of a broader GreenUp strategy to add 530,000 tonnes of hazardous waste treatment capacity by 2030 (100,000 tonnes already in operation) and represent roughly €300 million of targeted acquisitions to expand regional coverage and technical capabilities.

Aquatech Acquires Century Water

June 9, 2025

Industrial Services

Aquatech has acquired Singapore-based Century Water, a specialist in ultrapure process water and wastewater recycling for the semiconductor, pharmaceutical and advanced manufacturing sectors. Century will become Aquatech's center of excellence for high‑tech industries and establish a strategic base in Singapore, strengthening Aquatech's capabilities in UPW technology, digital services and O&M/BOOT contracts across Asia.