M&A Deal Summary |
|
|---|---|
| Date | 2025-10-27 |
| Target | Essential Utilities |
| Sector | Utilities |
| Buyer(s) | American Water |
| Deal Type | Merger |
| Advisor(s) | Moelis & Co. (Financial) Gibson, Dunn & Crutcher (Legal) |
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| Category | Company |
|---|---|
| Founded | 1886 |
| Sector | Utilities |
| Employees | 6,700 |
| Revenue | 4.7B USD (2024) |
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 | 8 of 8 |
| Sector: Utilities M&A | 6 of 6 |
| Type: Merger M&A Deals | 1 of 1 |
| State: Pennsylvania M&A | 3 of 3 |
| Country: United States M&A | 8 of 8 |
| Year: 2025 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-10-02 |
Jefferson Utilities
Kearneysville, West Virginia, United States Jefferson Utilities includes the assets of Jefferson Utilities, as well as Valley Water and Sewer Services, Shenandoah Junction Public Sewer and East Jefferson Sewer Services. The combined systems serve customer connections in Jefferson, Berkeley and Morgan counties of West Virginia. Jefferson Utilities is based in Kearneysville, West Virginia. |
Buy | $27M |