M&A Deal Summary

Illinois American Water Acquires Metro East Sanitary District - Eagle Park and Lansdowne wastewater systems

On November 13, 2024, Illinois American Water acquired utilities company Metro East Sanitary District - Eagle Park and Lansdowne wastewater systems from Metro East Sanitary District for 8M USD

Acquisition Highlights
  • This is Illinois American Water’s 14th transaction in the Utilities sector.
  • This is Illinois American Water’s 2nd largest (disclosed) transaction.
  • This is Illinois American Water’s 14th transaction in the United States.
  • This is Illinois American Water’s 11th transaction in Illinois.

M&A Deal Summary
Date 2024-11-13
Target Metro East Sanitary District - Eagle Park and Lansdowne wastewater systems
Sector Utilities
Buyer(s) Illinois American Water
Sellers(s) Metro East Sanitary District
Deal Type Divestiture
Deal Value 8M USD

Target

Metro East Sanitary District - Eagle Park and Lansdowne wastewater systems

Illinois, United States
Metro East Sanitary District's Eagle Park and Lansdowne wastewater systems is an operator of wastewater systems located in Illinois.

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Buyer(S) 1

Buyer

Illinois American Water

Belleville, Illinois, United States
Category Company
Founded 1967
Sector Utilities
DESCRIPTION

Illinois American Water Co. is a water and wastewater company serves approximately 1.2 million people, in 128 communities, supplying high quality water and wastewater service.

DEAL STATS #
Overall 14 of 14
Sector (Utilities) 14 of 14
Type (Divestiture) 1 of 1
State (Illinois) 11 of 11
Country (United States) 14 of 14
Year (2024) 1 of 1
Size (of disclosed) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-20 Village of Tolono Water and Wastewater Systems

Tolono, Illinois, United States

Village of Tolono Water and Wastewater Systems is a provider of water services based in Tolono, Illinois.

Buy $9M

Seller(S) 1

SELLER

Metro East Sanitary District

Granite City, Illinois, United States
Category Company
Sector Utilities
DESCRIPTION

Metro East Sanitary District operation and maintenance of federal levees provide flood protection, surface water drainage and sewage treatment. Metro East Sanitary District is based in Granite City, Illinois.

DEAL STATS #
Overall 1 of 1
Sector (Utilities) 1 of 1
Type (Divestiture) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Size (of disclosed) 1 of 1
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