Agile Growth Equity, led by Alejandro Capetillo, has announced their first platform investment. Kobus Pipe Puller, the global leader in Pipe Pulling trenchless technology, has been acquired by Dresser Utility Solutions, a leading provider of Global Infrastructure Technology for the energy transition including measurement instrumentation, coupling and repair, overpressure protection and flow control solutions to water and gas utility and industrial customers.  

The acquisition will address the challenges of aging utility infrastructure, especially the needed removal of more than 9 million lead service lines across the U.S. Kobus Pipe Puller’s innovative Pipe Puller trenchless technology allows for faster, safer and more cost-effective pipe replacement than other replacement methods. This expands their capabilities to provide safe and innovative solutions to both gas and water utilities. 

Read full announcement here.