M&A Deal Summary

Essential Utilities Acquires Spring Hill Water

On July 15, 2009, Essential Utilities acquired utilities company Spring Hill Water

Acquisition Highlights
  • This is Essential Utilities’ 3rd transaction in the Utilities sector.
  • This is Essential Utilities’ 3rd transaction in the United States.
  • This is Essential Utilities’ 1st transaction in Washington.

M&A Deal Summary
Date 2009-07-15
Target Spring Hill Water
Sector Utilities
Buyer(s) Essential Utilities
Deal Type Add-on Acquisition

Target

Spring Hill Water

Seattle, Washington, United States
Spring Hill Water Co. is a povider of water distribution services and also engages in preparation of municipal water systems.

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Buyer(S) 1

Buyer

Essential Utilities

Bryn Mawr, Pennsylvania, United States
Category Company
Founded 1886
Sector Utilities
Employees3,258
Revenue 2.1B USD (2023)
DESCRIPTION

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 3 of 5
Sector (Utilities) 3 of 5
Type (Add-on Acquisition) 2 of 4
State (Washington) 1 of 1
Country (United States) 3 of 5
Year (2009) 1 of 1
PREVIOUS DEAL
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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-01 The Maine Water

Rockport, Maine, United States

The Maine Water Co. is a provider of drinking water services.

Sell $54M
Mergr

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