Sopris Private Equity·Water Infrastructure·Active
Coastal Infrastructure
Notable milestonesCritical SystemsWater
Coastal Infrastructureis the leading commercial and municipal water-infrastructure company across the rapidly growing coastal regions of North Carolina, South Carolina, and Georgia.
Practice
Sopris Private Equity
Industry
Municipal & commercial water services
Headquarters
North Carolina
Sopris Role
Majority recapitalization (VRA Partners advised sell-side)
Why we invested
The flagship of the Critical Systems thesis. Coastal Infrastructure consolidates water utility services across the fastest-growing residential and commercial corridor in the Southeast, in a sector that ages, fragments, and runs chronically under-capitalized. Sopris is the first institutional investor — a family office with the speed of an institutional fund, willing to be the partner of record for an operator who has never sold equity before.
Products & capabilities
Milestones
- 2024Majority recapitalization with Sopris Private Equity completed; VRA Partners advised the sell-side. Terms undisclosed.
Sopris Role
“Majority recapitalization (VRA Partners advised sell-side)”