Seven Seas Water Group Acquired by EQT
Deal News | May 22, 2025 | EQT
EQT, a global investment firm, has announced the acquisition of Seven Seas Water Group, a leading provider of sustainable water and wastewater solutions, from Morgan Stanley Infrastructure Partners. This acquisition highlights EQT's commitment to investing in essential infrastructure by partnering with established platforms that provide mission-critical services aligned with global resource efficiency needs. Seven Seas Water Group, based in Tampa and Houston, operates over 220 plants across the U.S., the Caribbean, and Latin America, implementing a successful Water-as-a-Service model. EQT plans to accelerate the growth of Seven Seas by leveraging its internal digital expertise and global network to expand into new geographies, thereby supporting Seven Seas' mission to provide safe, reliable, and affordable water solutions to communities facing water scarcity and outdated infrastructure challenges. The transaction is subject to usual conditions and approvals. EQT's financial advisor for the transaction was Royal Bank of Canada, and legal advice was provided by A&O Shearman.
Sectors
- Water and Wastewater Management
- Private Equity
- Infrastructure
Geography
- United States – Seven Seas Water Group and the specific reference to infrastructure investments and operational expansions affecting the U.S. highlight the relevance of this geography.
- Caribbean – The operations of Seven Seas Water Group extend to the Caribbean, making it a significant geographical area for the company's water treatment services.
- Latin America – Highlighting EQT's strategic interests, Seven Seas Water Group operates plants in Latin America, indicating this region's importance in the company's growth plans.
Industry
- Water and Wastewater Management – This industry is relevant because the article discusses Seven Seas Water Group's role in providing solutions for water and wastewater treatment, which is a key service within this sector.
- Private Equity – EQT's acquisition of Seven Seas Water Group is a significant investment move, representing typical private equity activity in acquiring and managing infrastructure-focused businesses.
- Infrastructure – The acquisition involves investment in essential infrastructure, particularly decentralised water and wastewater treatment services, aligning with global needs for resource efficiency.
Financials
- $75 billion – Estimated investment required for decentralized wastewater treatment in the U.S. by 2042, highlighting the demand for infrastructure solutions.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| EQT | Bidding Company/Acquirer | Company | A global investment organization focused on sustainable growth and operational excellence with assets across various segments. |
| Seven Seas Water Group | Target Company | Company | A leading provider of water and wastewater treatment solutions operating over 220 plants across the Americas. |
| Morgan Stanley Infrastructure Partners | Selling Company | Company | An infrastructure investment fund managing and owning infrastructure assets globally, including in the water sector. |
| Royal Bank of Canada | Financial Advisor | Company | Provided financial advice to EQT during the acquisition of Seven Seas Water Group. |
| A&O Shearman | Legal Advisor | Company | Offered legal advisory services to EQT for the acquisition process. |
| Henry Charrab | CEO | Person | CEO of Seven Seas Water Group responsible for leading the company's growth strategy. |
| Alex Darden | EQT Partner and Head of EQT's Infrastructure Advisory Team in America | Person | Responsible for overseeing EQT's acquisition strategy and investment in the water sector. |