M&A Deal Summary

Spheros Environmental Acquires Northwater Consulting

On May 1, 2025, Spheros Environmental acquired environmental company Northwater Consulting

Acquisition Highlights
  • This is Spheros Environmental’s 3rd transaction in the Environmental sector.
  • This is Spheros Environmental’s 4th transaction in the United States.
  • This is Spheros Environmental’s 1st transaction in Illinois.

M&A Deal Summary

Date 2025-05-01
Target Northwater Consulting
Sector Environmental
Buyer(s) Spheros Environmental
Deal Type Add-on Acquisition

Target

Northwater Consulting

Springfield, Illinois, United States
Northwater Consulting is an environmental and geosciences consulting firm that specializes in supporting the water sector. Northwater Consulting was founded in 2010 and is based in Springfield, Illinois.

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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 4 of 4
Sector: Environmental M&A 3 of 3
Type: Add-on Acquisition M&A Deals 4 of 4
State: Illinois M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2025 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-10 EcoAnalysts

Moscow, Idaho, United States

EcoAnalysts is an environmental consulting firm specializing in aquatic ecology and habitat assessment. The company offers aquatic and terrestrial biological consulting services, providing data-driven insights to help clients navigate complex environmental challenges. Its services include biological monitoring, ecological impact analysis, ecological risk assessment, ecotoxicity, and taxonomic identification services. EcoAnalysts was formed in 1995 and is based in Moscow, Idaho.

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