M&A Deal Summary |
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Date | 2018-04-11 |
Target | Southern - Pivotal Home Solutions |
Sector | Consumer Services |
Buyer(s) | American Water |
Sellers(s) | Southern Company Gas |
Deal Type | Divestiture |
Deal Value | 365M USD |
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Category | Company |
---|---|
Founded | 1886 |
Sector | Utilities |
Employees | 6,500 |
Revenue | 4.2B USD (2023) |
American Water is a geographically diversified United States water and wastewater utility company. The Company's primary business involves the ownership of subsidiaries that provide water and wastewater utility services to residential, commercial, industrial and other customers, including sale for resale and public authority customers. American Water was incorporated in 1886 and is based in Camden, New Jersey.
DEAL STATS | # |
---|---|
Overall | 6 of 7 |
Sector (Consumer Services) | 1 of 1 |
Type (Divestiture) | 3 of 3 |
State (Georgia) | 1 of 1 |
Country (United States) | 6 of 7 |
Year (2018) | 1 of 1 |
Size (of disclosed) | 1 of 3 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2016-08-03 |
Shorelands Water
Hazlet, New Jersey, United States Shorelands Water Co., Inc. is a privately owned water utility that provides water services to more than 11,000 customer accounts in Monmouth County, N.J. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2019-11-20 |
American Water Works - New York American Water
Merrick, New York, United States American Water's New York American Water is a regulated water and wastewater utility serving over 125,000 customer connections across seven counties in southeastern New York. Operations include approximately 1,270 miles of water mains and distribution lines with 98% of customers in Nassau County on Long Island. |
Sell | $608M |
Category | Company |
---|---|
Founded | 1856 |
Sector | Energy Services and Equipment |
Employees | 6,094 |
Revenue | 4.6B USD (2013) |
Southern Company Gas is a provider of an energy needs of millions of U.S. households and businesses. Southern Company Gas was founded in 1856 and is based in Atlanta, Georgia.
DEAL STATS | # |
---|---|
Overall | 2 of 3 |
Sector (Consumer Services) | 1 of 1 |
Type (Divestiture) | 2 of 3 |
State (Georgia) | 1 of 1 |
Country (United States) | 2 of 3 |
Year (2018) | 1 of 1 |
Size (of disclosed) | 1 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2013-05-02 |
Compass Energy Services
Richmond, Virginia, United States Compass Energy Services, Inc. is a commercial and industrial energy services company. |
Sell | $20M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2021-07-01 |
Sequent Energy
Houston, Texas, United States Sequent Energy delivers smarter ways to optimize natural gas assets and serves the needs of utilities, marketers, retail aggregators, municipalities, and large industrials. Sequent Energy is based in Houston, Texas. |
Sell | - |