List of 12 Acquired Utilities Companies in North Carolina

Name	Sector	Revenue $mlns	M&A Activity			Last 5 Years
Name	Sector	Revenue $mlns	Total	Buy	Sell	Last 5 Years
Progress Energy Acquired Duke Energy 2012-07-02 $32B Raleigh, North Carolina, United States website	Utilities	-	3	1	2
Water Works of Alamance County Acquired Aqua North Carolina, Inc. 2015-09-18 $43M Graham, North Carolina, United States	Utilities	-	-	-	-
Water System Assets - Hubquarter Forestry Acquired Aqua North Carolina, Inc. 2014-08-22 Carteret County, North Carolina, United States	Utilities	-	-	-	-
Duke-American Transmission Co. Acquired American Transmission Co. LLC Duke Energy 2011-01-01 Charlotte, North Carolina, United States website	Utilities	-	-	-	-
Combustion Technologies Corp. Acquired EES 2019-01-22 Apex, North Carolina, United States website	Utilities	-	-	-	-
Enbridge Gas North Carolina Acquired Enbridge 2024-10-01 Gastonia, North Carolina, United States website	Utilities	-	-	-	-
Florida Progress Corporation Acquired Progress Energy 1999-08-23 $5.3B Raleigh, North Carolina, United States	Utilities	-	-	-	-
Delta Measurement & Combustion Controls LLC Acquired EES 2019-01-22 Apex, North Carolina, United States website	Utilities	-	-	-	-
Dynetek Acquired Thayer Infrastructure Services 2023-12-07 Charlotte, North Carolina, United States website	Utilities	-	-	-	-
Williams Electric Acquired United Utility 2021-09-02 Shelby, North Carolina, United States website	Utilities	-	-	-	-
Mountain Ridge Estates Water System Acquired Aqua North Carolina, Inc. 2015-09-18 $52M North Carolina, United States	Utilities	-	-	-	-
Heater Utilities, Inc. Acquired Essential Utilities 2004-06-01 $48M Cary, North Carolina, United States	Utilities	-	-	-	-

Try Mergr Free — Access the Full List Today

Find the Right Companies Fast.
Get Full Access. Cancel Anytime.

Unlimited Searches
Unlimited Profile Views
Build and Export Lists of

PE Backed Companies
Direct Investors & Acquirers
Advisors
Deals
& More

Try Free

What's Mergr?

Mergr was built to make it easy to understand who owns which companies — and how they got there.

Whether you're researching private equity-backed businesses, recent acquisitions, or potential targets, Mergr provides structured access to thousands of companies, investors, and ownership histories.

The platform is powerful but easy to use — so you can quickly surface relevant companies and move from research to action.

Mergr, the Easiest-to-Use PE
and M&A DB

Key Benefits

Stay informed on events in your industry
M&A research that takes seconds (not all afternoon)
Better understand your customers and prospects
Discover active buyers (or sellers)

Search

4.8K Private Equity Firms
214K M&A Transactions
216K Companies Involved in M&A
(Buyer, Seller, or Target)
3.8K M&A Advisors
(Investment Banks and Law Firms)
83K M&A Contacts
(PE and M&A Advisors)

What next?

Full access to Mergr's investor, acquirer, and transaction data starts here.