Bernhard Capital Partners, a service and infrastructure-focused private equity management firm completed the acquisition of Ascension Wastewater Treatment, a private sewer utility operator in Louisiana. Financial terms were not disclosed. "Aligning our organization with Bernhard Capital allows us to leverage the firm's decades of experience, institutional knowledge and readily available resources into enhancing our services and infrastructure – helping to ensure our operations remain consistent, efficient and affordable," Tom Pertuit, Ascension Wastewater Treatment CEO.