Add-on Acquisition • Utilities

Central States Water Resources Acquires Flushing Meadows Water System

On November 20, 2019, Central States Water Resources acquired utilities company Flushing Meadows Water System

Acquisition Context
  • This is Central States Water Resources’ 2nd transaction in the Utilities sector.
  • This is Central States Water Resources’ 2nd transaction in the United States.
  • This is Central States Water Resources’ 1st transaction in Arkansas.

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M&A Deal Summary

Date November 20, 2019
Target Flushing Meadows Water System
Sector Utilities
Buyer(s) Central States Water Resources
Deal Type Add-on Acquisition

Target Company

Flushing Meadows Water System

Conway, Arkansas, United States
Flushing Meadows Water System is a unique private water utility company offering solutions to very public needs. Flushing Meadows has approximately 275 customers in Faulkner County.
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Buyer Overview 1

Buyer

Central States Water Resources

St. Louis, Missouri, United States

Category Company
Founded 2013
Sector Utilities
DESCRIPTION

Central States Water Resources is a water and wastewater utility that specializes in acquiring small, non-compliant systems and refurbishing them to meet local environmental and regulatory requirements. Central States Water Resources was founded in 2013 and is based in St. Louis, Missouri.


Deal Context for Buyer #
Overall 2 of 2
Sector: Utilities 2 of 2
Type: Add-on Acquisition 2 of 2
State: Arkansas 1 of 1
Country: United States 2 of 2
Year: 2019 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-20 Kentucky Wastewater Systems

Kentucky, United States

Kentucky Wastewater Systems is a private water utility companies offering solutions to very public needs. The sewer companies acquired by Bluegrass Water are Airview Utilities, Brocklyn Utilities, Fox Run Utilities, Kingswood Development Inc., Lake Columbia Utilities, LH Treatment Company, Marshall County Environmental Services, and Persimmon Ridge. Bluegrass Water has more than 1,300 customers in Bullitt, Franklin, Hardin, Madison, Marshall, McCracken, Scott, and Shelby counties.

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