Mergers & Acquisitions

USA Water Acquired by Levine Leichtman Capital Partners

6141 USA Water Holdings NT

M&A Engagement Overview

Industry Group: Energy, Power & Infrastructure
Areas of Focus: Environmental Services;
Water & Wastewater Services


Harris Williams advised USA Water, a portfolio company of Warren Equity Partners, on their sale to Levine Leichtman Capital Partners in partnership with management. USA Water is a leading provider of operations and maintenance (O&M) services for water and wastewater systems across the Southeast United States.

O&M providers of water infrastructure services have seen significant interest from investors given resilient tailwinds around regulation, government investment, and ties to essential infrastructure. We are thrilled to have had the opportunity to extend our successful track record in the water and wastewater services space by working with Warren Equity and USA Water on this engagement.

USA Water serves as a professional partner of scale and manages water infrastructure maintenance, asset management, and regulatory compliance needs for municipalities and utility districts. The company's non-discretionary services, industry-leading technical expertise, and comprehensive service offerings help ensure the integrity, safety, and reliability of clean, high-quality water access.

USA Water built a platform with a clearly articulated vision based on a "customer first" culture and unrivaled service capabilities, which helped develop and retain a loyal client base. LLCP has extensive experience working with management teams and operating in the technical and route-based services sectors and will be a fantastic partner to USA Water as the company enters their next stage of growth.

Contact the Harris Williams Energy, Power & Infrastructure Group to learn more about this transaction.