M&A Deal Summary |
|
|---|---|
| Date | 2021-10-29 |
| Target | Oncourse Home Solutions |
| Sector | Utilities |
| Buyer(s) | Apax |
| Sellers(s) | American Water |
| Deal Type | Divestiture |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1981 |
| PE ASSETS | 77.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Apax Partners is a mega-sized private equity investment group, operating across the United States, Europe, Israel and Asia. Broad industry sectors of interest include tech & telecom, media, retail & consumer, healthcare, financial services, and business services. Apax will consider both minority and majority investment positions and prefers companies with strong market positions and growth potential. The Firm generally pursues platform acquisitions valued from $1 to $5 billion. Apax Partners was formed in 1981 and is based in London.
| DEAL STATS | # |
|---|---|
| Overall | 245 of 266 |
| Sector: Utilities M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 25 of 28 |
| State: Illinois M&A | 4 of 5 |
| Country: United States M&A | 100 of 107 |
| Year: 2021 M&A | 18 of 18 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-10-20 |
Palex
Barcelona, Spain Palex is a distributor of sanitary equipment and advanced hospital solutions. It has a wide portfolio of specific hospital equipment and equipment for more than 40 medical specialties, from fungible material to sophisticated diagnostic, treatment, and laboratory equipment. Palex was founded in 1955 and is based in Barcelona, Spain. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-08 |
Inmarsat
London, United Kingdom Inmarsat is a global mobile satellite communications provider that owns and operates a diverse global portfolio of mobile telecommunications satellite networks, and holds a multi-layered, global spectrum portfolio, covering L-band, Ka-band, and S-band, enabling unparalleled breadth and diversity in the solutions it provides. Inmarsat's long-established global distribution network includes not only the world's leading channel partners but also its own strong direct retail capabilities, enabling end-to-end customer service assurance. The company has an unrivalled track record of operating reliable global mobile satellite telecommunications networks, sustaining business and mission critical safety and operational applications for more than 40 years. It is also a major driving force behind technological innovation in mobile satellite communications, sustaining its leadership through a substantial investment and a powerful network of technology and manufacturing partners. Inmarsat was formed in 1979 and is based in London. |
Sell | $7.3B |
| 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 | 4 of 4 |
| Sector: Utilities M&A | 3 of 3 |
| Type: Divestiture M&A Deals | 4 of 4 |
| State: Illinois M&A | 1 of 1 |
| Country: United States M&A | 4 of 4 |
| Year: 2021 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-11-21 |
Keystone Clearwater Solutions
Hershey, Pennsylvania, United States Keystone Clearwater Solutions LLC is a water service provider offering a range of water-related services to the oil and gas industry primarily in the Appalachian region of Pennsylvania, Ohio and West Virginia. |
Sell | - |
| 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 |
