InforCapital
M&A Transaction•

EQT to Acquire Seven Seas Water Group in the U.S.

EQT to acquire Seven Seas Water Group to expand sustainable water and wastewater solutions across the U.S., Caribbean, and Latin America.

AM
Alvaro de la Maza

Partner at Aninver

Key Takeaways

  • EQT Infrastructure VI acquired Morgan Stanley Investment Management.
  • Sector: Environmental Infrastructure & Services.
  • Geography: United States.

Analysis

EQT Infrastructure VI has agreed to acquire Seven Seas Water Group from Morgan Stanley Infrastructure Partners (MSIP), marking a strategic expansion into decentralized and sustainable water and wastewater infrastructure across the Americas.

Headquartered in Tampa and Houston, Seven Seas Water Group operates over 220 water and wastewater treatment plants throughout the U.S., Caribbean, and Latin America. With more than 20 years of experience, the company leverages its Water-as-a-Service® (WaaS®) model to offer scalable, flexible, and resilient solutions where traditional water infrastructure is lacking.

Seven Seas focuses on desalination, advanced water purification, wastewater treatment, and recycling, providing critical infrastructure for regions facing water scarcity, aging systems, and climate-driven challenges. According to the U.S. EPA, up to $75 billion in investment is needed in decentralized wastewater systems by 2042, highlighting the significance of this acquisition.

EQT’s acquisition aligns with its mission to invest in essential, sustainable infrastructure. The firm will support Seven Seas in accelerating plant deployment, optimizing operations through digital innovation, and expanding into new geographies.

Alex Darden, EQT Partner and Head of Infrastructure Advisory Americas, stated:
“Seven Seas provides critical access to potable water in underserved areas. We’re proud to back their mission to deliver clean, affordable water across the region.”

Henry Charrabé, CEO of Seven Seas Water Group, commented:
“EQT’s infrastructure experience and sustainability focus perfectly match our growth goals. Together, we will amplify the impact of our WaaS® model.”

The transaction remains subject to standard regulatory approvals. RBC and A&O Shearman served as EQT’s advisors.

EQT Infrastructure VI, following this acquisition, is expected to be approximately 50–55% deployed, underscoring the fund’s active investment pace in transformative infrastructure.