M&A Deal Summary

Aqua America Acquires Spring Hill Water

On July 15, 2009, Aqua America acquired utilities company Spring Hill Water

Acquisition Highlights
  • This is Aqua America’s 3rd transaction in the Utilities sector.
  • This is Aqua America’s 3rd transaction in the United States.
  • This is Aqua America’s 1st transaction in Washington.

M&A Deal Summary
Date 2009-07-15
Target Spring Hill Water
Sector Utilities
Buyer(s) Aqua America
Deal Type Add-on Acquisition

Target

Spring Hill Water

Seattle, Washington, United States
Spring Hill Water Co. is a povider of water distribution services and also engages in preparation of municipal water systems.

Search 193,724 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Aqua America

Bryn Mawr, Pennsylvania, United States

website

Category Company
Founded 1886
Sector Utilities
Employees3,187
Revenue 2.3B USD (2022)
DESCRIPTION

Essential Utilities is a water utility and serves nearly 3 million people in Pennsylvania, Ohio, North Carolina, Illinois, Texas, New Jersey, Indiana and Virginia. Essential Utilities is based in Bryn Mawr, Pennsylvania.

DEAL STATS #
Overall 3 of 5
Sector (Utilities) 3 of 5
Type (Add-on Acquisition) 2 of 4
State (Washington) 1 of 1
Country (United States) 3 of 5
Year (2009) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-10-16 Saddle Club Water Company

Weatherford, Texas, United States

Saddle Club Water Company, Inc. is a provider of direct water services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-01 The Maine Water

Rockport, Maine, United States

The Maine Water Co. is a provider of drinking water services.

Sell $54M
Mergr

Product

Company

Legal