M&A Deal Summary

Spheros Environmental Acquires LRE Water

On April 25, 2023, Spheros Environmental acquired environmental company LRE Water

Acquisition Highlights
  • This is Spheros Environmental’s 1st transaction in the Environmental sector.
  • This is Spheros Environmental’s 2nd transaction in the United States.
  • This is Spheros Environmental’s 1st transaction in Colorado.

M&A Deal Summary
Date 2023-04-25
Target LRE Water
Sector Environmental
Buyer(s) Spheros Environmental
Deal Type Add-on Acquisition

Target

LRE Water

Denver, Colorado, United States
LRE Water specializes in providing technical expertise in water resources with a particular focus on water rights, ground/surface water management and planning, and environmental management. LRE Water was founded in 1970 and is based in Denver, Colorado.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Spheros Environmental

Petaluma, California, United States
Category Company
Founded 2021
Sector Environmental
DESCRIPTION

Spheros Environmental is a holding company creating a family of companies focused on environmental engineering and services. Environmental services are highly fragmented, with many niche providers focusing on only one region or service offering. Spheros is building a unified platform to support public and private sector clients across the life cycle of their needs, including regulatory consulting, advisory, response, measurement, and analysis. Spheros Environmental was formed in 2021 and is based in Petaluma, California.

DEAL STATS #
Overall 2 of 2
Sector (Environmental) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Colorado) 1 of 1
Country (United States) 2 of 2
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-29 Sonoma Tech

Petaluma, California, United States

Sonoma Tech specializes in providing environmental solutions with a particular focus on air quality and meteorology. Sonoma Tech was founded in 1982 and is headquartered in Petaluma, California.

Buy -
Mergr

Product

Company

Legal