M&A Deal Summary

California American Water Co. Acquires Adams Ranch Mutual Water Co.

On March 10, 2016, California American Water Co. acquired utilities company Adams Ranch Mutual Water Co. for 2M USD

Acquisition Highlights
  • This is California American Water Co.’s 3rd transaction in the Utilities sector.
  • This is California American Water Co.’s 4th largest (disclosed) transaction.
  • This is California American Water Co.’s 3rd transaction in the United States.
  • This is California American Water Co.’s 3rd transaction in California.

M&A Deal Summary

Date 2016-03-10
Target Adams Ranch Mutual Water Co.
Sector Utilities
Buyer(s) California American Water Co.
Deal Type Add-on Acquisition
Deal Value 2M USD

Target

Adams Ranch Mutual Water Co.

Rosemead, California, United States
Adams Ranch Mutual Water Co. is an operator of water system.

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Buyer(S) 1

Buyer

California American Water Co.

Coronado, California, United States

Category Company
Founded 1965
Sector Utilities
DESCRIPTION

California American Water Co. is a provider of high quality and reliable water and/or wastewater service to approximately 600,000 people.


DEAL STATS #
Overall 3 of 14
Sector: Utilities M&A 3 of 14
Type: Add-on Acquisition M&A Deals 3 of 13
State: California M&A 3 of 14
Country: United States M&A 3 of 14
Year: 2016 M&A 1 of 3
Size (of disclosed) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-31 Dunnigan Water Works

Dunnigan, California, United States

Dunnigan Water Works is a provider of water treatment and distribution operator.

Buy $2M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-10 Geyserville Water Works

Geyserville, California, United States

Geyserville Water Works customers will be served by a staff that includes water treatment and distribution operators that are experts in their fields and hold water treatment and distribution certifications through the State Water Resources Control Board.

Buy $2M