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Apollo-Managed Funds Acquires Houston-Based Maverick Water Group; Financial Terms Undisclosed

Benzinga·08/03/2026 21:01:15
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Apollo (NYSE:APO) today announced that Apollo-managed funds ("Apollo Funds") have acquired Maverick Water Group ("Maverick" or the "Company"), a Houston-based developer, owner and operator of alternative non-potable water systems that serve communities across Texas, from funds managed by Crosstimbers Capital Group ("Crosstimbers"). Maverick’s management team retains a minority stake and continues to operate the Company.