Del Monte Capital has made its third platform investment in DLG Infrastructure Services, a Houston-based municipal water infrastructure firm. The transaction saw Chris Scott-Ford, DLG's president, acquire substantial ownership stakes while retaining leadership of daily operations. This strategic move signals growing private equity interest in essential infrastructure assets.

Concurrent with the investment, DLG appointed Chad Cross as chief financial officer, strengthening its leadership team ahead of expansion. The company, founded in 2020, specializes in modernizing water systems for municipalities across Texas. While financial terms remain undisclosed, industry analysts estimate the deal valued between $50 million and $75 million, reflecting DLG's rapid growth trajectory.

The investment aligns with Del Monte's focus on critical infrastructure sectors, positioning DLG to scale operations and address aging water systems nationwide. For investors, this partnership highlights the increasing consolidation in municipal services through private capital infusion.

Notably, the lack of disclosed financial terms suggests either a strategic alignment between parties or a preference for confidentiality in mid-sized private equity transactions. This development comes as regulators and municipalities prioritize infrastructure modernization, creating tailwinds for DLG's growth ambitions.