AcquisitionsAug 3, 2026, 05:02 PM
Apollo Funds Acquire Maverick Water Group
AI Summary
Apollo-managed funds have acquired Maverick Water Group, a Houston-based developer and operator of alternative non-potable water systems in Texas, from Crosstimbers Capital Group. Maverick's management team will retain a minority stake and continue to operate the company. With Apollo Funds' support, Maverick plans to scale its platform to meet the accelerating demand for efficient, sustainable water infrastructure.
Key Highlights
- Apollo-managed funds acquired Maverick Water Group from Crosstimbers Capital Group.
- Maverick's management team retains a minority stake and continues to operate the company.
- Maverick develops, owns, and operates alternative non-potable water systems in Texas.
- Apollo Funds plan to support Maverick in scaling its platform and meeting demand for water infrastructure.
- Apollo Funds have deployed over $130 billion in infrastructure investments over the past five years.
Price Impact
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