Global water M&A have fallen off the feverish pace of the prior year, during which Bluefield recorded a combined 508 transactions. To date this year, Bluefield has recorded 114 transactions. Underlying this more tempered market are the myriad global factors, including recession concerns, inflation impacts on supply chain, energy market volatility, and rising labor rates. While these economic inputs weigh heavily on the broader investment landscape, the water sector continues to garner more investor and strategic interests.