M&A Deal Summary

Iowa American Water Acquires Royal Pines Village Mobile Home Park

On August 3, 2020, Iowa American Water acquired consumer services company Royal Pines Village Mobile Home Park

Acquisition Highlights
  • This is Iowa American Water’s 1st transaction in the Consumer Services sector.
  • This is Iowa American Water’s 2nd transaction in the United States.
  • This is Iowa American Water’s 1st transaction in Iowa.

M&A Deal Summary
Date 2020-08-03
Target Royal Pines Village Mobile Home Park
Sector Consumer Services
Buyer(s) Iowa American Water
Deal Type Add-on Acquisition

Target

Royal Pines Village Mobile Home Park

Clinton, Iowa, United States
website
Royal Pines Village Mobile Home Park is a 193-unit manufactured home community, housing people of all ages. Royal Pines Village offers new and pre-owned homes to fit a budget.

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Buyer(S) 1

Buyer

Iowa American Water

Davenport, Iowa, United States

website

Category Company
Sector Utilities
DESCRIPTION

Iowa American Water Co. is a water company serve over 195,000 people in seven communities, supplying high quality water and wastewater service.

DEAL STATS #
Overall 2 of 2
Sector (Consumer Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Iowa) 1 of 1
Country (United States) 2 of 2
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-08 Yes Communities Water Systems

Denver, Colorado, United States

Yes Communities Water Systems is a provider of water services to 850 customers. YES Communities’ water systems for three of its properties in Davenport, including Five Seasons, Lakewood Estates and Silver Creek manufactured home communities.

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