Bernhard Capital sewer deal comes as firm raises nearly $750M with new infrastructure fund

Bernhard Capital Partners’ acquisition of Ascension Wastewater Treatment, a privately held company with some 17,000 customers, marks the Baton Rouge-based private equity firm’s first foray into the regulated utility sector, though likely not its last.  For more than two years, Bernhard Capital has been laying the groundwork to move into the utilities arena, which is