M&A Deal Summary

Global Water Resources Acquires Farmers Water

On December 13, 2021, Global Water Resources acquired utilities company Farmers Water

Acquisition Highlights
  • This is Global Water Resources’ 2nd transaction in the Utilities sector.
  • This is Global Water Resources’ 3rd transaction in the United States.
  • This is Global Water Resources’ 3rd transaction in Arizona.

M&A Deal Summary
Date 2021-12-13
Target Farmers Water
Sector Utilities
Buyer(s) Global Water Resources
Deal Type Add-on Acquisition

Target

Farmers Water

Sahuarita, Arizona, United States
Farmers Water is a private domestic water utility regulated by the Arizona Corporation Commission. Farmer Water’s service territory is approximately 22 square miles located along the Interstate 19 growth corridor in Pima County and serves residents in a portion of the Town of Sahuarita and the residents in unincorporated Pima County. Farmers Water was founded in 1959 and is based in Sahuarita, Arizona.

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Buyer(S) 1

Buyer

Global Water Resources

Phoenix, Arizona, United States
Category Company
Sector Environmental
DESCRIPTION

Global Water Resources, Inc. is a water resource management company that owns, operates and manages water, wastewater and recycled water utilities in strategically located communities, principally in metropolitan Phoenix, Arizona.

DEAL STATS #
Overall 3 of 5
Sector (Utilities) 2 of 4
Type (Add-on Acquisition) 3 of 5
State (Arizona) 3 of 5
Country (United States) 3 of 5
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-22 Las Quintas Serenas Water

Green Valley, Arizona, United States

Las Quintas Serenas Water Co. is a water resource management company that has approximately 2.5 square miles of the service area and 1,100 active water service connections. Las Quintas Serenas Water Co. is based in Green Valley, Arizona.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-24 Rincon Water

Sahuarita, Arizona, United States

Rincon Water is a provider of water utility services based in Sahuarita, Arizona.

Buy -
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