SPL Acquires North Water District Laboratory Services (NWDLS)
May 12, 2026
North Water District Laboratory Services, Inc. (NWDLS) was sold to SPL, a portfolio company of Sentinel Capital Partners. The deal’s financial terms were not disclosed. NWDLS provides environmental laboratory testing and analytical services for municipal utility districts, engineering firms, industrial customers, and government entities in Texas.
- Buyers
- SPL, Sentinel Capital Partners
- Targets
- North Water District Laboratory Services, Inc. (NWDLS)
- Sellers
- Monica Martin (Chief Executive Officer and Managing Partner of NWDLS), Robert McCoy (former owner of NWDLS)
- Platforms
- SPL
- Industry
- Environmental Services
- Location
- Texas, United States
- Transaction Type
- Buyout
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