WRM: A Key Player in Wastewater Treatment in the United States

Founded to address critical needs in wastewater treatment in the USA, due to an under-developed municipal wastewater treatment system and the widespread use of septic tank nationwide, WRM provides essential services to over 7,000 industrial and commercial clients. The company operates 13 complex industrial sites strategically located across several southern states (notably Texas), giving it a significant competitive advantage.

A Regulated, Essential Service with High Barriers to Entry

WRM positions itself as a vital player in a market characterized by high entry barriers. Wastewater treatment is a regulated service, and WRM’s revenue is secured by legislative mandates requiring both corporates and individuals to ensure their wastewater are collected at least every 90 days. The company benefits from strong geographic and sectoral diversification, along with growth potential supported by the U.S. economy. Its network of strategically placed facilities and hard-to-obtain permits provide a substantial edge over competitors.

Vertical Integration That Enables Full Value Chain Control

WRM’s recurring revenue is protected by strict regulations and strong secular growth trends in the industrial and commercial sectors. The company has developed an integrated business model covering the entire value chain (collection, treatment, recycling), allowing it to achieve higher margins and play a major role in consolidating the sector. Ridgewood, the majority shareholder, brings its expertise in essential U.S. infrastructure, especially in water, transportation, and public services.