Add-on Acquisition • Utilities

California American Water Co. Acquires East Pasadena Water Co.

On April 19, 2019, California American Water Co. acquired utilities company East Pasadena Water Co.

Acquisition Context
  • This is California American Water Co.’s 9th transaction in the Utilities sector.
  • This is California American Water Co.’s 9th transaction in the United States.
  • This is California American Water Co.’s 9th transaction in California.

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M&A Deal Summary

Date April 19, 2019
Target East Pasadena Water Co.
Sector Utilities
Buyer(s) California American Water Co.
Deal Type Add-on Acquisition

Target Company

East Pasadena Water Co.

Pasadena, California, United States
East Pasadena Water Co. is a provider of quality and reliable water services. East Pasadena Water Co. was founded in 1975 and is based in Pasadena, California.
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Buyer Overview 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 Context for Buyer #
Overall 9 of 14
Sector: Utilities 9 of 14
Type: Add-on Acquisition 9 of 13
State: California 9 of 14
Country: United States 9 of 14
Year: 2019 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-16 Warring Water Service

Piru, California, United States

Warring Water Service, Inc. is a class D water utility located in Ventura County. Warring Water Service, Inc. is based in Piru, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-04 Rio Plaza Water Co.

Moorpark, California, United States

Rio Plaza Water Co. provides dependable water services. Rio Plaza Water Co. was founded in 1953 and is based in Moorpark, California.

Buy -