M&A Deal Summary

California American Water Acquires Fruitridge Vista Water

On December 19, 2019, California American Water acquired utilities company Fruitridge Vista Water for 21M USD

Acquisition Highlights
  • This is California American Water’s 12th transaction in the Utilities sector.
  • This is California American Water’s largest (disclosed) transaction.
  • This is California American Water’s 12th transaction in the United States.
  • This is California American Water’s 12th transaction in California.

M&A Deal Summary

Date 2019-12-19
Target Fruitridge Vista Water
Sector Utilities
Buyer(s) California American Water
Deal Type Add-on Acquisition
Deal Value 21M USD

Target

Fruitridge Vista Water

Sacramento, California, United States
Fruitridge Vista Water Co. is a family-owned Class B Water Utility in south Sacramento County and is regulated by the California Public Utilities Commission.

Search 196,117 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

California American Water

Coronado, California, United States

website


Category Company
Founded 1965
Sector Utilities
DESCRIPTION

California American Water Co. is a provider of high quality and reliable water and/or wastewater service to approximately 600,000 people.


DEAL STATS #
Overall 12 of 13
Sector (Utilities) 12 of 13
Type (Add-on Acquisition) 11 of 12
State (California) 12 of 13
Country (United States) 12 of 13
Year (2019) 5 of 5
Size (of disclosed) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-30 Bass Lake Water - Portal Waster Distribution System

Bass Lake, California, United States

Bass Lake Water Co. - Portal Waster Distribution System which serves approximately 1,000 customer connections in the Bass Lake community.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-16 Warring Water Services

Piru, California, United States

Warring Water Services is a provider of water services to approximately 634 homes and businesses. Warring Water Services is based in Piru, California.

Buy $5M