As demand increases for global water infrastructure resiliency, Aquam is poised to expand its innovative distribution network technologies.
Today Aquam Corporation (“Aquam”), a global provider of risk mitigation technologies for water and energy transmission and distribution assets, announced that it has secured $26 million in growth capital from the environmentally-focused private equity firm, NewWorld Capital Group, LLC, with participation from a Credit Suisse advised fund. The funding will go toward further product development and geographic expansion of the company’s key businesses, including Nu Flow Technologies, a leader in small-diameter infrastructure lining technologies, Specialized Pipe Technologies (“SPT”), a pipe-lining installation provider, Aquam Water Services, a leading UK company that provides critical water usage data to utilities, and Aquam Pipe Diagnostics (formerly JD7), a global pipeline assessment and inspection specialist.
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