AQUALIS (DFW Capital-backed) Acquires Innovative Vacuum Services (Innovac)

Fusion Capital Partners Acquires AQUALIS from DFW Capital Partners

April 28, 2026

Environmental Services

Fusion Capital Partners has acquired AQUALIS, a provider of stormwater and wastewater management, engineering, and compliance services, from DFW Capital Partners. Financial terms were not disclosed. The transaction is described as Fusion’s first platform acquisition of 2026 and its fourth platform investment overall.

AQUALIS Acquires Northern Pipe, Inc.

April 4, 2023

Environmental Services

AQUALIS, a portfolio company of DFW Capital Partners, acquired the assets of Northern Pipe, Inc., a Green Bay, Wisconsin-based wastewater and stormwater collection services and hydro-excavation firm. The add-on expands AQUALIS' Midwest presence and enhances its vac & jetting, hydro-excavation and CCTV inspection and pipeline repair capabilities.

AQUALIS Acquires Environmental Services, Inc. (ESI)

June 10, 2021

Environmental Services

AQUALIS, a portfolio company of DFW Capital Partners, has acquired the assets of Environmental Services, Inc. (ESI), a stormwater management firm headquartered in Gilford, New Hampshire. The add-on expands AQUALIS' vac/jetting, sediment cleaning and water quality testing capabilities and increases its service density across the Northeast and Mid-Atlantic.

AQUALIS Acquires Front Range Environmental

February 27, 2021

Environmental Services

AQUALIS, a portfolio company of DFW Capital Partners, has acquired the assets of Front Range Environmental, LLC, a post-construction stormwater management company headquartered in McHenry, Illinois. The acquisition expands AQUALIS’s nationwide stormwater and lift station service footprint—adding Midwest and California presence and enabling self-performance capabilities across new geographies.

AQUALIS (DFW Capital Partners) Acquires Weeks Utility Services, Inc.

January 11, 2021

Environmental Services

AQUALIS, a portfolio company of DFW Capital Partners, has acquired the assets of Weeks Utility Services, Inc., a Jacksonville, Florida provider of wastewater and stormwater lift station and pumping services. The deal expands AQUALIS' lift station and pump services footprint in the Southeast and provides regionalized, self-performing capabilities in Northeast Florida.

AQUALIS Acquires Stormwater and Lift Station Assets from KLEENCO USA

April 7, 2020

Environmental Services

AQUALIS, a portfolio company of DFW Capital Partners, has acquired the stormwater and lift station assets of KLEENCO USA. The add-on expands AQUALIS' geographic footprint and service capabilities by adding lift station maintenance and related stormwater services to its nationwide offering.