USG launches as independent water asset management services provider

USG Water Solutions, LLC, a national provider of asset management and rehabilitation services to municipal water utilities and private water companies across the United States, has announced its new beginnings as an independent company.

The launch of USG follows the acquisition of the former Veolia Advanced Solutions business by Turnspire Capital Partners LLC (“Turnspire”), a private investment firm that acquires high-quality businesses that have reached an inflection point and can benefit from a hands-on, operationally focused approach. Terms of the transaction were not disclosed.