M&A Deal Summary

Illinois American Water Acquires Village of Tolono Water and Wastewater Systems

On June 20, 2023, Illinois American Water acquired utilities company Village of Tolono Water and Wastewater Systems for 9M USD

Acquisition Highlights
  • This is Illinois American Water’s 13th transaction in the Utilities sector.
  • This is Illinois American Water’s largest (disclosed) transaction.
  • This is Illinois American Water’s 13th transaction in the United States.
  • This is Illinois American Water’s 10th transaction in Illinois.

M&A Deal Summary
Date 2023-06-20
Target Village of Tolono Water and Wastewater Systems
Sector Utilities
Buyer(s) Illinois American Water
Deal Type Add-on Acquisition
Deal Value 9M USD

Target

Village of Tolono Water and Wastewater Systems

Tolono, Illinois, United States
website
Village of Tolono Water and Wastewater Systems is a provider of water services based in Tolono, Illinois.

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Buyer(S) 1

Buyer

Illinois American Water

Belleville, Illinois, United States

website

Category Company
Founded 1967
Sector Utilities
DESCRIPTION

Illinois American Water Co. is a water and wastewater company serves approximately 1.2 million people, in 128 communities, supplying high quality water and wastewater service.

DEAL STATS #
Overall 13 of 13
Sector (Utilities) 13 of 13
Type (Add-on Acquisition) 13 of 13
State (Illinois) 10 of 10
Country (United States) 13 of 13
Year (2023) 1 of 1
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-07 Village of Hardin Water & Wastewater Systems

Illinois, United States

Village of Hardin Water & Wastewater Systems is a provider of water services.

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