Copley Equity Partners is in the early stages of selling LJB, a civil, structural, geospatial engineering, and environmental services firm, per sources. The firm has not disclosed terms but is targeting strategic buyers. Meanwhile, KKR and XPV Water Partners finalized the sale of Axius Water, a provider of water infrastructure solutions, to CRH, a global construction materials leader. The transaction, valued in the hundreds of millions, positions CRH to expand its environmental services portfolio. THL Partners also completed the sale of AMI, a utility management software firm, to an undisclosed buyer. These moves reflect private equity firms offloading assets amid shifting market dynamics.

The Axius Water deal marks KKR’s strategic pivot, having acquired the firm through targeted purchases to scale its operations before exiting. CRH’s acquisition aligns with its push into sustainable infrastructure, leveraging Axius’ expertise in water management. Separately, Copley’s sale of LJB underscores ongoing consolidation in the engineering services sector, with buyers seeking niche capabilities. THL’s exit from AMI highlights broader trends of PE firms prioritizing liquidity in volatile economic conditions.

Industry analysts note these transactions signal a retreat from high-growth sectors as firms recalibrate portfolios. CRH’s integration of Axius Water could bolster its competitive edge in North America’s infrastructure market, while Copley’s exit from LJB may open opportunities for specialized buyers. The AMI sale, though smaller, reflects private equity’s focus on quick-turnaround assets. Collectively, these deals illustrate a market in transition, balancing growth ambitions with financial pragmatism.