Union Park Capital Acquires Majority Stake in LRE Water
April 25, 2023
Boston-based private equity firm Union Park Capital has made a majority investment in Leonard Rice Consulting Water Engineers, Inc. (d/b/a LRE Water), a Denver-based water resources and environmental consulting firm. LRE Water will serve as the pillar of water expertise within Union Park's Spheros Environmental Group, with management remaining in place as the firm pursues geographic and service expansion.
- Buyers
- Union Park Capital
- Targets
- Leonard Rice Consulting Water Engineers, Inc. (LRE Water)
- Platforms
- Spheros Environmental Group
- Industry
- Environmental Services
- Location
- Colorado, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Union Park Capital Makes Majority Investment in Timberline Aquatics (to Join LRE Water)
June 28, 2024
Environmental Services
Union Park Capital has made a majority investment in Timberline Aquatics, Inc., which will join the Environmental Services practice at LRE Water, a Spheros Environmental company. The acquisition integrates Timberline’s aquatic ecological assessment and taxonomic identification capabilities into LRE Water’s platform to expand service offerings, technical expertise, geographic reach, and talent.
-
Union Park Capital Makes Majority Investment in HydroGeoLogica
November 30, 2023
Environmental Services
Union Park Capital, a Boston-based private equity firm, has made a majority investment in HydroGeoLogica, Inc., a Golden, Colorado-based mining-focused hydrogeology and geochemistry consulting firm. HydroGeoLogica will form a new Mining Services Group within LRE Water (a Spheros Environmental company), with founders Anita Johnson and Brent Johnson continuing to lead the group.
-
May River Capital Acquires RLE Technologies
November 30, 2023
Industrial Services
May River Capital, a Chicago-based private equity firm, has acquired RLE Technologies, a Fort Collins, Colorado provider of facility environment monitoring, fluid leak detection, and airflow management products. The acquisition—structured as a platform investment—will keep RLE's management team in place and positions May River to grow RLE's presence in data center and critical facilities monitoring.
-
Levine Leichtman Capital Partners Acquires USA Water
February 22, 2024
Utilities
Levine Leichtman Capital Partners (LLCP) has acquired USA Water from Warren Equity Partners, with management reinvesting and continuing to lead the company. Headquartered in Rosenberg, Texas, USA Water provides operations and maintenance (O&M) services for water and wastewater systems across the Southeast United States; LLCP plans to broaden its service capabilities and geographic footprint through organic growth and strategic acquisitions.
-
Spheros Environmental Acquires Northwater Consulting
May 5, 2025
Environmental Services
Spheros Environmental has acquired Northwater Consulting, a water resources and geosciences consulting firm with offices in Illinois, North Carolina, Michigan and Arizona. The deal — announced by Spheros and sponsor Union Park Capital — strengthens Spheros' technical capabilities in groundwater modeling, geophysics, and source water protection and expands its geographic reach; it marks the sixth acquisition for Spheros Environmental.
-
VLS Environmental Solutions Acquires SRE Environmental
February 8, 2023
Environmental Services
Houston-based VLS Environmental Solutions, a portfolio company of I Squared Capital, has acquired Phoenix-based SRE Environmental, a provider of commercial and industrial wastewater and solid waste management services. The add-on expands VLS's footprint and capabilities in the western United States, adding evaporation-pond wastewater disposal, tanker transport assets and new customer relationships; financial terms were not disclosed.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.