LRE Water Partners with Union Park Capital

Natick, MA (April 26, 2023) – Leonard Rice Consulting Water Engineers, Inc. (LRE Water) announced its partnership with Union Park Capital (Union Park), a Boston-based private equity firm focused on lower middle-market industrial technology investments. LRE Water will serve as the pillar of water expertise in Union Park’s Spheros Environmental Group (Spheros).

As an expert in water resource engineering and environmental management, LRE Water provides integrated water resource strategies, decision support services, and groundwater resource development and management solutions to a variety of end-markets in the Western U.S. Since 1970, LRE Water has solved its clients’ challenges in various water and environmental applications by applying technical skills such as master planning, modeling, financial valuation and technical litigation support for water rights.

“We are excited to partner with investors that share our passion for water, and value the importance of leading with science. The compounding effects of increasing demand and supply vulnerability make water development and management increasingly complex. LRE Water’s clients rely upon us to navigate these complexities, and the Union Park partnership provides the resources we need to rise to the challenge.” says Cortney Brand, President and CEO of LRE Water.

For more details about this transaction click here.

Morrissey Goodale, a specialized management consulting and research firm exclusively serving the architecture, engineering, and environmental consulting industries, initiated the partnership and advised LRE Water.