M&A Deal Summary

Global Water Resources Acquires Las Quintas Serenas Water

On September 22, 2021, Global Water Resources acquired utilities company Las Quintas Serenas Water

Acquisition Highlights
  • This is Global Water Resources’ 1st transaction in the Utilities sector.
  • This is Global Water Resources’ 2nd transaction in the United States.
  • This is Global Water Resources’ 2nd transaction in Arizona.

M&A Deal Summary

Date 2021-09-22
Target Las Quintas Serenas Water
Sector Utilities
Buyer(s) Global Water Resources
Deal Type Add-on Acquisition

Target

Las Quintas Serenas Water

Green Valley, Arizona, United States
website
Las Quintas Serenas Water Co. is a water resource management company that has approximately 2.5 square miles of the service area and 1,100 active water service connections. Las Quintas Serenas Water Co. is based in Green Valley, Arizona.

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Buyer(S) 1

Buyer

Global Water Resources

Phoenix, Arizona, United States

website


Category Company
Sector Environmental
DESCRIPTION

Global Water Resources, Inc. is a water resource management company that owns, operates and manages water, wastewater and recycled water utilities in strategically located communities, principally in metropolitan Phoenix, Arizona.


DEAL STATS #
Overall 2 of 5
Sector (Utilities) 1 of 4
Type (Add-on Acquisition) 2 of 5
State (Arizona) 2 of 5
Country (United States) 2 of 5
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-24 Eagletail Water

Tonopah, Arizona, United States

Eagletail Water Co. is a small water utility located west of metropolitan Phoenix.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-13 Farmers Water

Sahuarita, Arizona, United States

Farmers Water is a private domestic water utility regulated by the Arizona Corporation Commission. Farmer Water’s service territory is approximately 22 square miles located along the Interstate 19 growth corridor in Pima County and serves residents in a portion of the Town of Sahuarita and the residents in unincorporated Pima County. Farmers Water was founded in 1959 and is based in Sahuarita, Arizona.

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