Consolidation trend Oct 2025 · United States
Water-utility acquisitions of small systems at steady clip
Citing Bluefield Research, the article reports investor-owned utilities and private operators acquiring small water systems steadily, with 79% of 2024 deals involving systems serving fewer than 3,000 people.
“Bluefield Research reports that in 2024, 79% of water utility deals involved systems serving fewer than 3,000 people, and wastewater system acquisitions accounted for half of Q4 activity.”
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