Reign Capital exits Aqualis in sale to Fusion Capital Partners

Reign Capital Partners has sold its remaining ownership stake in Aqualis Corporation to Fusion Capital Partners, ending founder Blaine McClure’s nearly two-decade run with the environmental services company. The deal underscores continued investor interest in water quality and stormwater infrastructure as aging systems, regulation and climate resilience drive demand.

Why it matters: - The sale closes Reign Capital Partners’ final ownership position in Aqualis, completing Blaine McClure’s exit from a company he founded in 2007. - Aqualis has become a national provider of stormwater management, engineering, water quality and environmental infrastructure services. - The transaction comes as demand for water-related infrastructure grows because of aging systems, tougher environmental rules, climate resilience efforts and public and private investment.

What happened: - Reign Capital Partners sold its remaining ownership interest in Aqualis Corporation to Fusion Capital Partners. - The transaction was announced Sept. 3, 2026. - The sale marks the final exit of Reign Capital Partners from Aqualis. - Aqualis was founded by Blaine McClure in 2007. - McClure is the founder of Reign Capital Partners and the family office is based in Greenwich, Connecticut.

The details: - Aqualis grew from a regional environmental services company into a national platform serving commercial, industrial, governmental and municipal clients across the U.S. and expanded territories. - The company expanded through strategic acquisitions, geographic growth and investment in engineering, maintenance, compliance and environmental solutions. - McClure said the sale caps nearly two decades of leadership, strategic growth and operational excellence. - McClure said the executive team at Aqualis and Fusion Capital Partners are positioned to expand the company’s growth. - McClure said Aqualis was built around operational excellence, innovation, environmental stewardship and long-term client relationships. - McClure thanked employees, clients, partners and stakeholders for helping build the business. - Financial terms were not disclosed.

Between the lines: - The exit suggests Aqualis has reached a scale where ownership can transfer to a new sponsor while the company continues operating as a broader infrastructure services platform. - The deal also reflects a private-market appetite for businesses tied to essential environmental infrastructure and recurring regulatory demand. - McClure’s comments signal confidence that the company’s next phase will be led by the existing executive team with additional backing from Fusion Capital Partners.

What's next: - Fusion Capital Partners is expected to back further expansion at Aqualis. - Aqualis is positioned to keep growing in water quality and stormwater management services. - Reign Capital Partners will remain focused on investments in infrastructure, environmental services, industrials, real assets and related sectors across North America. - More information is available at Reign Capital Partners.