M&A Deal Summary

Illinois American Water Co. Acquires City of Jerseyville Water and Wastewater Systems

On October 6, 2020, Illinois American Water Co. acquired utilities company City of Jerseyville Water and Wastewater Systems

Acquisition Highlights
  • This is Illinois American Water Co.’s 10th transaction in the Utilities sector.
  • This is Illinois American Water Co.’s 10th transaction in the United States.
  • This is Illinois American Water Co.’s 7th transaction in Illinois.

M&A Deal Summary

Date 2020-10-06
Target City of Jerseyville Water and Wastewater Systems
Sector Utilities
Buyer(s) Illinois American Water Co.
Deal Type Add-on Acquisition

Target

City of Jerseyville Water and Wastewater Systems

Jerseyville, Illinois, United States
City of Jerseyville Water and Wastewater Systems serves approximately 4,100 water and 3,950 wastewater customers. Customers will receive an Illinois American Water welcome packet in the mail. This packet includes information about online account management, billing, and more.

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Buyer(S) 1

Buyer

Illinois American Water Co.

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 10 of 14
Sector: Utilities M&A 10 of 14
Type: Add-on Acquisition M&A Deals 10 of 13
State: Illinois M&A 7 of 11
Country: United States M&A 10 of 14
Year: 2020 M&A 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-25 Granite City Wastewater Collection System

United States

Granite City Wastewater Collection System provides quality and reliable water and/or wastewater service.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-17 City of Mt. Pulaski Water and Wastewater Systems

Mt. Pulaski, Illinois, United States

City of Mt. Pulaski Water and Wastewater Systems provides Water and Sewer services. City of Mt. Pulaski Water and Wastewater Systems is based in Mt. Pulaski, Illinois.

Buy $5M