# Behrman Capital sells Waterline Renewal Technologies to Azuria Water Solutions

Behrman Capital announced the sale of its portfolio company Waterline Renewal Technologies to Azuria Water Solutions, a portfolio company of New Mountain Capital. Financial terms were not disclosed.

- Type: Acquisition
- Announced: 2026-02-26
- Where: Ottawa, IL, United States
- Status: completed
- Products: engineered products for trenchless rehabilitation of wastewater infrastructure
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [New Mountain Capital](https://endata.com/companies/11670.md) (investor)
- [Azuria Water Solutions](https://endata.com/companies/14300.md) (acquirer)
- [Behrman Capital](https://endata.com/companies/30191.md) (partner)
- [Waterline Renewal Technologies](https://endata.com/companies/89542.md) (target)

## Sources

- [gulfoilandgas.com](https://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=1108268), 2026-02-26: "We are proud to have contributed to Waterline's growth and successes, including completing two strategic add-on acquisitions which have greatly enhanced the Company's ability to meet the demands of the wastewater industry."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.