CrescoNet announced on May 19, 2022 that Brookfield, a major global player in critical infrastructure networks, acquired a stake in the company. Brookfield, known for its vast operations in managing networks for energy, water, freight, passengers, and data, made this equity investment to boost CrescoNet's growth in the North American utilities sector, focusing on water, gas, and electric services. John Stafford, CrescoNet's North American President, emphasized the strategic significance of this partnership. He highlighted that Brookfield's involvement is a strong endorsement of CrescoNet's operational strategy, market approach, and potential. Stafford also noted the positive impact of CrescoNet's ongoing efforts in innovation, acquisitions, partnerships, and customer service, believing that the partnership with Brookfield will significantly enhance their expansion and service quality for North American utility clients.