M&A Deal Summary

California Water Service Group Acquires Casa Loma Water

On May 29, 2025, California Water Service Group acquired utilities company Casa Loma Water

Acquisition Highlights
  • This is California Water Service Group’s 5th transaction in the Utilities sector.
  • This is California Water Service Group’s 5th transaction in the United States.
  • This is California Water Service Group’s 3rd transaction in California.

M&A Deal Summary

Date 2025-05-29
Target Casa Loma Water
Sector Utilities
Buyer(s) California Water Service Group
Deal Type Add-on Acquisition

Target

Casa Loma Water

Bakersfield, California, United States
Casa Loma Water provides regulated water utility services, delivering potable water through 237 residential and 11 commercial connections. Casa Loma Water is based in Bakersfield, California.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

California Water Service Group

San Jose, California, United States

Category Company
Founded 1926
Sector Utilities
Employees1,278
Revenue 1.0B USD (2024)
DESCRIPTION

California Water Service Group provides regulated and non-regulated water service to nearly 2 million people in California, Washington, New Mexico, and Hawaii. California Water Service Group was incorporated in 1926 and is based in San Jose, California.


DEAL STATS #
Overall 5 of 5
Sector: Utilities M&A 5 of 5
Type: Add-on Acquisition M&A Deals 5 of 5
State: California M&A 3 of 3
Country: United States M&A 5 of 5
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-28 Kings Mountain

Woodside, California, United States

Kings Mountain water infrastructure services, is based in Woodside, California.

Buy -