M&A Deal Summary

Illinois American Water Acquires Village of Leonore Water System

On April 16, 2020, Illinois American Water acquired utilities company Village of Leonore Water System

Acquisition Highlights
  • This is Illinois American Water’s 6th transaction in the Utilities sector.
  • This is Illinois American Water’s 6th transaction in the United States.
  • This is Illinois American Water’s 4th transaction in Illinois.

M&A Deal Summary

Date 2020-04-16
Target Village of Leonore Water System
Sector Utilities
Buyer(s) Illinois American Water
Deal Type Add-on Acquisition

Target

Village of Leonore Water System

Illinois, United States
Village of Leonore Water System is a provider of water services to approximately 68 water customers in the Streator District service area.

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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 6 of 14
Sector (Utilities) 6 of 14
Type (Add-on Acquisition) 6 of 13
State (Illinois) 4 of 11
Country (United States) 6 of 14
Year (2020) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-27 Alton Regional Wastewater System

Alton, Illinois, United States

Alton Regional Wastewater System is a provider of water to approximately 23,000 new wastewater customers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-17 Village of Sidney Water System

Sidney, Illinois, United States

Village of Sidney Water System is a provider of water services on a contract basis.

Buy $2M