White Wolf Hybrid Capital has acquired a stake in AccuCast, a waterworks equipment supplier. The investment was completed in partnership with Investly Capital, signaling continued private equity interest in water infrastructure companies.

AccuCast specializes in waterworks equipment, a sector gaining attention as utilities face aging infrastructure challenges. The deal represents White Wolf's expansion into industrial manufacturing, focusing on companies addressing essential infrastructure needs.

The investment highlights growing PE interest in water technology suppliers amid global infrastructure upgrades. Water infrastructure spending is expected to increase as municipalities address aging systems and climate resilience requirements.