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. 

About Morrissey Goodale

Morrissey Goodale has helped hundreds of clients transform and grow their architecture, engineering, and environmental consulting companies into high-level performers through strategic business planning, mergers and acquisition advisory, valuation and ownership transition, market research, marketing and business development, leadership training and development, Lean Operation Strategies, organizational development and management, virtual reality solutions, and executive search. Morrissey Goodale’s team of M&A consultants assist throughout the M&A process, from preparing firms for a transaction to a successful integration. 

Morrissey Goodale’s extensive network of relationships with AE industry decision-makers around the globe uniquely qualifies the firm to identify the right buyers or sellers and guide AE firms through the complex merger or acquisition process, from conception to close.

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