Mueller Water Products Acquires i2O Water Ltd

Kemira Oyj Agrees to Acquire Water Engineering Inc From Nolan Capital

September 16, 2025

Environmental Services

Nolan Capital, a family office, announced an agreement to sell its portfolio company Water Engineering, Inc. (WEI) to Kemira Oyj. The transaction is expected to close before year-end 2025, subject to regulatory approvals and customary closing conditions.

Whitewater Management Acquires Orion Water Solutions

March 3, 2025

Environmental Services

Whitewater Management, a Hillcore Group–owned fluid management company based in Calgary, has acquired Orion Water Solutions, a Permian Basin–based provider of advanced wastewater treatment systems. The deal integrates Orion’s DAF, chlorine dioxide and biological treatment technologies into Whitewater’s service offering to expand capabilities across oil & gas, mining and municipal infrastructure and support North American growth.

Ovivo Inc. Acquires E2metrix Inc.

February 15, 2024

Environmental Services

Ovivo Inc., a Montreal-based global water and wastewater treatment equipment and systems provider, has acquired Sherbrooke-based E2metrix Inc., a developer of electrochemical technologies for PFAS destruction. Ovivo had previously made a strategic investment in E2metrix in 2022 and will integrate E2metrix's electrochemical oxidation technology to accelerate commercialization and offer an onsite PFAS destruction solution across municipal and industrial water applications.

Integrated Water Services and Sciens Water Acquire Hyperion International Technologies

March 7, 2023

Infrastructure

Integrated Water Services, in partnership with Sciens Water Opportunities Management (an affiliate of Sciens Capital), acquired 100% of Hyperion International Technologies, a control-systems and engineering services provider for water and wastewater markets. The deal expands IWS’s product and digital services capabilities in modular MBR and wastewater reuse technologies; Hyperion’s General Manager Scott Johnson will lead the business as Al Ouchie transitions to retirement.

Water Engineering (Nolan Capital Portfolio) Acquires American Water Treatment, Inc.

July 13, 2022

Environmental Services

Water Engineering, a portfolio company of Nolan Capital, has acquired American Water Treatment, a family-owned water treatment services provider headquartered in St. Louis, Missouri. The acquisition adds American Water’s ~900-customer, multi-state footprint to the WEI platform as an add-on to expand geographic coverage and service capabilities while retaining the existing team and legacy brand.

Advanced Solutions International Acquires OpenWater

January 12, 2022

Cloud & SaaS

Advanced Solutions International (ASI) has acquired Arlington, VA-based OpenWater, a provider of application & review software and virtual event management solutions. Terms were not disclosed; ASI said there will be no change to OpenWater's management or day-to-day operations and expects to integrate OpenWater's platform with its iMIS association management ecosystem to expand capabilities for associations and non-profits.