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Bain Capital to acquire SOLitude Lake Management

PRIVATESep 25, 2026

Acquiring Company

Bain Capital

Acquired Company

SOLitude Lake Management

Virginia BeachWater

Description

Bain Capital has agreed to acquire SOLitude Lake Management from Rentokil Initial for $230 million. This acquisition aims to enhance Bain's portfolio in environmental services, specifically in the management of freshwater ecosystems. SOLitude has been recognized for its comprehensive lake management solutions and a skilled workforce of environmental professionals.

Company Information

Company

Bain Capital

About

Bain Capital, LP is one of the world's leading private investment firms that creates lasting impact for our investors, teams, businesses, and the communities in which we live. Since our founding in 1984, we've applied our insight and experience to organically expand into numerous asset classes including private equity, credit, public equity, venture capital, real estate and other strategic areas of focus. The firm has offices on four continents, more than 1,300 employees and approximately $160 billion in assets under management. To learn more, visit www.baincapital.com.

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Frequently asked

Who acquired SOLitude Lake Management?

SOLitude Lake Management was acquired by Bain Capital. The deal was reported on September 25, 2026. Bain Capital, LP is one of the world's leading private investment firms that creates lasting impact for our investors, teams, businesses, and the communities in which we live. Bain Capital is privately held.

When did Bain Capital acquire SOLitude Lake Management?

Bain Capital's acquisition of SOLitude Lake Management was reported on September 25, 2026. Bain Capital has agreed to acquire SOLitude Lake Management from Rentokil Initial for $230 million. This acquisition aims to enhance Bain's portfolio in environmental services, specifically in the management of freshwater ecosystems. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does SOLitude Lake Management do?

SOLitude Lake Management specializes in the management of lakes, ponds, and stormwater basins. The company provides services to control algae and invasive weeds, ensuring water quality and ecosystem health. It is privately held, operating in Water, and is based in Virginia Beach.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.