What water resources does

Water Resources Inc. is a regional utility project management contractor and Level One Distributor of Neptune Technology Group products, headquartered in Elgin, Illinois. The company serves municipal governments across Chicagoland and Northwest Indiana, providing water metering infrastructure and complementary field services. Operating since 1985, Water Resources is staffed by a long-tenured team of licensed plumbers, certified backflow inspectors, large meter technicians, and IT systems specialists.

The company's core offering is the resale and integration of Neptune's water metering portfolio, including MACH 10 ultrasonic meters, ProCoder and E-CODER absolute encoder registers, R900 System endpoints, and Cellular Endpoint modules that enable utilities to progress to Advanced Metering Infrastructure (AMI) without full system replacement. Surrounding the hardware sales are project management services: meter installation, repair and testing, backflow prevention and testing, water and sewer main repair, leak detection, and LMK-certified sewer lining. The exclusive Level One Distributor status with Neptune Technology Group across the Chicagoland territory is the company's primary differentiator.

Water Resources generates revenue through two streams: hardware sales of Neptune meters and AMI components, and professional services billed against municipal project scopes. Pricing is quote-based and structured as multi-year contracts, with the company leveraging its direct-from-Neptune purchasing power to offer pricing benefits to client municipalities. The go-to-market is consultative, B2B field sales targeted at municipal utility decision-makers, supported by a website with detailed product documentation and a Request a Quote lead capture form. In 2026, the company was acquired by Ferguson Waterworks and now operates under that brand while retaining its team and operating model.

Name

water resources

Legal name

Water Resources Inc.

Website

https://water-resources.net

Company type

Private

Founded year

1985

Operating status

Acquired

Short description

Water Resources Inc. is a regional utility project management contractor and exclusive Level One Distributor of Neptune Technology Group water meters, serving municipalities across Chicagoland and Northwest Indiana with metering products and installation, repair, and backflow services.

Ownership category

akta.pro rank

Product category

Water Utility Services

NAICS

Water, Sewage and Other Systems (2213), Water Supply and Irrigation Systems (22131)

SIC

Water Supply (4941), Totalizing Fluid Meters & Counting Devices (3824), Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

Water & Wastewater Infrastructure Asset Management (EUAEAMAH)

akta.pro secondary industries

NRW Data Management & Water Balance (IWA Methodology, GIS/SCADA Integration, Digital Twins) (EUANAKAJ), Water & Wastewater Compliance (NPDES/Stormwater, Pretreatment, Drinking Water/SDWA) (EUAHABAB)

Keywords

• Water meter distribution
• Utility project management
• Municipal water services
• Advanced metering infrastructure
• Backflow testing services

Headquarters

HQ city

Elgin

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Water Meter and Product Sales: Sale of Neptune Technology Group water meters and related products including ultrasonic meters, encoder registers, endpoints, and cellular modules to municipal utilities.
2. Utility Project Management Services: Consultative project management services for municipalities including needs assessments, water and sewer main repair, meter installation and repair, backflow testing, leak detection, and sewer lining.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Water Resources is a full-menu utility project management contractor and Level One Distributor of Neptune Technology Group products serving municipalities across Chicagoland and Northwest Indiana. The company distributes Neptune water meters, encoder registers, and AMI/AMR endpoint systems while delivering installation, repair, backflow testing, leak detection, water and sewer main repair, sewer lining, and meter testing services. Its consultative model delivers tailored action plans for municipal water infrastructure covering immediate, short-term, and long-term needs.

Product overview

Water Resources is a full menu utility project management contractor and Level One Distributor of Neptune Technology Group products in the Chicagoland area. The company offers a comprehensive portfolio of Neptune water meter products including ultrasonic meters (MACH 10® series), encoder registers (ProCoder™ and E-CODER®), AMR/AMI endpoints (R900® System, Cellular Endpoint), and traditional mechanical meters (T-10®). These products range from residential sizes (5/8" to 2") to commercial and industrial sizes (3" to 12"), providing municipalities with solutions for remote meter reading, leak detection, tamper detection, and advanced metering infrastructure (AMI) deployment.

Differentiator

Problem solved

Functional benefit

Products and services

• MACH 10® Ultrasonic Meter (5/8" - 1")

Quantifiable outcome

• Leak, tamper, and reverse flow detection enabled by high-resolution encoder registers
• +2 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Neptune Technology GroupcoreChannel Partner/ Reseller/ DistributorWater Resources is a Level One Distributor of Neptune Technology Group products, holding exclusive territory rights throughout Chicagoland for Neptune product sales. The company attends multiple Neptune training programs yearly and is considered an expert in Neptune product offerings. Purchasing directly from Neptune without intermediary agents allows Water Resources to share purchasing power with clients.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Core & Main: Core & Main is one of the largest US distributors of water, sewer, and storm drain products, including water meters and AMI solutions, serving municipal utilities nationwide. It is a direct peer to Water Resources in the waterworks distribution and project services space, though at much greater scale and geographic reach.
• Badger Meter: Badger Meter is a leading US manufacturer of flow measurement and water metering solutions, including ultrasonic and encoder-register products that directly compete with Neptune Technology Group. As the upstream competitor to Water Resources' core product line, it is a key comparable for technology positioning and pricing dynamics.
• Itron: Itron is a global provider of smart metering, AMI/AMR networks, and analytics for water, electric, and gas utilities, competing head-to-head with Neptune's R900 and cellular endpoint offerings. It is highly comparable on the AMI technology layer that underpins Water Resources' value proposition to municipalities.
• Sensus (Xylem): Sensus, a Xylem brand, provides smart water metering, AMI networks, and analytics to utilities, directly competing with Neptune Technology Group for municipal AMI deployments. Its product portfolio and channel structure make it one of the closest competitive analogs to Water Resources' Neptune-centric offering.
• HD Supply Waterworks: HD Supply Waterworks is a large national distributor of water, sewer, and storm water products serving municipalities and contractors. It competes directly with Water Resources in the distribution of meters and underground utility products to municipal customers, particularly where larger-scale procurement is involved.

Broad incumbents

• Mueller Water Products: Mueller Water Products manufactures water infrastructure products including hydrants, valves, and metering equipment for municipal water systems. It is a broad incumbent in the same end market as Water Resources, with overlapping customers and complementary—not directly competing—product categories.
• Ferguson Waterworks: Ferguson Waterworks, a division of Ferguson Enterprises, is the largest US distributor of water and sewer infrastructure products and is Water Resources' new parent company. It is a broad incumbent serving the same municipal customer base with significantly broader geographic footprint and product breadth.

Emerging players

• Kamstrup: Kamstrup is a Danish manufacturer of ultrasonic smart water meters and AMI solutions expanding into the North American market. It competes with Neptune on the underlying technology layer of Water Resources' offering and represents an emerging alternative for municipalities evaluating non-Neptune AMI vendors.
• Aclara (Hubbell): Aclara, a Hubbell company, provides smart infrastructure solutions for water, gas, and electric utilities including AMI endpoints and metering analytics. It is an emerging player in the smart water space that competes with Neptune's AMI technology stack for municipal deployments.

Regional players

• LB Water: LB Water is a regional waterworks distributor serving Pennsylvania, Maryland, and surrounding states with water, sewer, and storm water products. It is comparable to Water Resources as a similarly sized regional distributor serving municipal utility customers, though operating in a different geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about water resources