M&A Deal Summary

Aqua New Jersey Acquires Spartan Village Water and Wastewater Systems

On October 9, 2014, Aqua New Jersey acquired utilities company Spartan Village Water and Wastewater Systems from Spartan Village for 1M USD

Acquisition Highlights
  • This is Aqua New Jersey’s 1st transaction in the Utilities sector.
  • This is Aqua New Jersey’s largest (disclosed) transaction.
  • This is Aqua New Jersey’s 1st transaction in the United States.

M&A Deal Summary

Date 2014-10-09
Target Spartan Village Water and Wastewater Systems
Sector Utilities
Buyer(s) Aqua New Jersey
Sellers(s) Spartan Village
Deal Type Divestiture
Deal Value 1M USD

Target

Spartan Village Water and Wastewater Systems

United States
Spartan Village Water and Wastewater Systems comprises water distribution pipelines and a waste water plant.

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Buyer(S) 1

Buyer

Aqua New Jersey

Hamilton, New Jersey, United States

Category Company
Founded 1969
Sector Utilities
DESCRIPTION

Aqua New Jersey, Inc.engages in the drinking water and wastewater services to residents of municipalities.


DEAL STATS #
Overall 1 of 1
Sector (Utilities) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Spartan Village

Wrightstown, New Jersey, United States

Category Company
Sector Business Services
DESCRIPTION

Spartan Village, Inc. engaged in the manufactured homes built in Lancaster County and company is a mobile home community.


DEAL STATS #
Overall 1 of 1
Sector (Utilities) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 1 of 1