Water On Demand Acquires Modular Water Systems Division from OriginClear

Tidal Vision Products Acquires Clear Water Services

August 8, 2023

Environmental Services

Tidal Vision Products, Inc. has acquired long-time customer Clear Water Services to integrate Clear Water's mobile and modular water treatment systems with Tidal Vision's chitosan-based Tidal Clear technologies. The acquisition gives Tidal Vision expanded deployment capabilities, access to field performance data across 200+ sites to accelerate R&D, and strengthens Clear Water Services' capacity to build advanced treatment systems and expand its national footprint.

Water On Demand Inc. and Fortune Rise Acquisition Corporation Terminate Business Combination Agreement

December 12, 2024

Infrastructure

OriginClear’s privately-held subsidiary Water On Demand Inc. (WODI) and Fortune Rise Acquisition Corporation (FRLA) entered into a mutual termination agreement to end their October 23, 2023 business combination agreement. The termination was effective immediately, citing delays in S-4 registration that could have pushed closing to March 2025 or later and increased costs, listing concerns, and market uncertainty.

ClearWater Solutions Acquires Midwest Water Operations

January 5, 2022

Utilities

Keystone Capital Management’s portfolio company ClearWater Solutions (CWS) has acquired Midwest Water Operations (MWO), a Missouri-based provider of outsourced operations and maintenance services for water and wastewater facilities. The deal (terms undisclosed) expands CWS’s geographic footprint and service capabilities across municipal and private utility clients; the combined business now serves 12 states with approximately 400 employees.

H2O Innovation Acquires NextEra Distributed Water

October 1, 2024

Environmental Services

H2O Innovation Inc. has acquired NextEra Distributed Water in a carve-out transaction, integrating the business into a new Water Infrastructure & Development business line to operate NextEra’s WaterHub assets. The acquisition brings in-house large-scale asset development and ownership capabilities — enabling H2O Innovation to offer turn-key onsite wastewater treatment and reuse projects delivered at no upfront capital cost and operated under long-term contracts; the deal is supported by follow-on investment from funds managed by Ember Infrastructure Management LP and existing minority owners.

Industrial Flow Solutions to Acquire Clearwater Controls Ltd to Expand IoT Wastewater Network Management

October 18, 2021

IT Services

Industrial Flow Solutions, headquartered in New Haven, Connecticut, announced it has agreed to acquire Clearwater Controls Ltd., based in Glasgow, Scotland. Clearwater Controls provides intelligent deragging control systems and cloud-based data analytics for wastewater network monitoring and predictive maintenance; terms were not disclosed and Clearwater Controls will retain its name and brand.

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.