Warren Equity Partners has acquired USG Water Solutions from Turnspire Capital Partners in a private equity transaction. The Atlanta-based water asset management company serves both municipal and private water customers across North America, though financial terms of the deal were not disclosed.

USG Water Solutions traces its roots back to 1963 when it was founded as Utility Service Co. Under CEO John Flaugher's leadership, the company has built a substantial presence in water infrastructure services. The firm's focus on asset management for water systems positions it in a growing market segment.

Water infrastructure represents a stable, recession-resistant sector that has attracted increasing private equity attention in recent years. Aging municipal systems and growing regulatory requirements create demand for specialized management services. The acquisition suggests Warren Equity sees long-term value in water utility support services.

The deal reflects continued consolidation in the water services sector as private equity firms seek predictable cash flows from essential infrastructure assets. USG's established customer base and industry experience likely made it an attractive platform for Warren Equity's investment strategy.