M&A Deal Summary |
|
---|---|
Date | 2004-06-01 |
Target | Heater Utilities |
Sector | Utilities |
Buyer(s) | Essential Utilities |
Sellers(s) | Allete |
Deal Type | Divestiture |
Deal Value | 48M USD |
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Category | Company |
---|---|
Founded | 1886 |
Sector | Utilities |
Employees | 3,258 |
Revenue | 2.1B USD (2023) |
Essential Utilities is a water, waste water and natural gas providers, serving approximately 5 million people across 9 states under the Aqua and Peoples brands. Essential represents an infrastructure company uniquely positioned to have a powerful impact on improving reliability, quality of life and economic prosperity for all. Essential Utilities was founded in 1886 and is based in Bryn Mawr, Pennsylvania.
DEAL STATS | # |
---|---|
Overall | 1 of 5 |
Sector (Utilities) | 1 of 5 |
Type (Divestiture) | 1 of 1 |
State (North Carolina) | 1 of 1 |
Country (United States) | 1 of 5 |
Year (2004) | 1 of 1 |
Size (of disclosed) | 2 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2008-10-16 |
Saddle Club Water Company
Weatherford, Texas, United States Saddle Club Water Company, Inc. is a provider of direct water services. |
Buy | - |
Allete is an energy company operating Minnesota Power, an electric utility that serves 150,000 residents, 14 municipalities, and industrial customers. In addition to Minnesota Power, the company owns Superior Water, Light and Power, based in Superior, Wisconsin, Allete Clean Energy, based in Duluth; BNI Energy in Bismarck, N.D.; and New Energy Equity. ALLETE was founded in 1906 and is based in Duluth, Minnesota.
DEAL STATS | # |
---|---|
Overall | 1 of 3 |
Sector (Utilities) | 1 of 1 |
Type (Divestiture) | 1 of 3 |
State (North Carolina) | 1 of 1 |
Country (United States) | 1 of 3 |
Year (2004) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
1999-11-22 |
Blandin Paper Electric Generating Facilities
United States landin Paper Electric Generating Facilities engages in providing supplemental retail electric service. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2007-04-30 |
ADESA
Carmel, Indiana, United States ADESA is a provider of whole car auctions and salvage vehicle auctions in North America. Through the largest network of automobile auction locations in North America, the Company facilitates the sale of used and salvage vehicles through physical, online, and hybrid auctions. ADESA is also a provider of short-term inventory-secured financing, known as floorplan financing, primarily to independent used vehicle dealers. ADESA is based in Carmel, Indiana. |
Sell | - |